Credit Card Debt and COVID-19 Pandemic Pushing BC Bankruptcies and Proposals Revealing New Debt Study Goes Beyond the Numbers – Yahoo Finance

Credit card debt five times more problematic than other types of debt reported; COVID-19 pandemic called out as factor in over half of personal insolvency filings since March 2020 VANCOUVER, British Columbia, Jan. 11, 2021 (GLOBE NEWSWIRE) — Sands & Associates, BCs largest firm of Licensed Insolvency Trustees serving individuals and small businesses, released the…

New SME Administration & Insolvency rules come into force – Wide Format Online

The Government has made changes to our insolvency framework to better serve Australian small businesses, their creditors and their employees. The changes introduce new processes suitable for small businesses from 1 January 2021, reducing complexity, time and costs for small businesses. The aim of the new legislation is to protect jobs, SMEs and social coherence,…

Insolvent council seeks to raise £4m from ANPRs on green road scheme – Telegraph.co.uk

An insolvent council has been accused of filling its empty coffers by closing roads to fine motorists millions of pounds, despite residents insisting they do not want to be part of Grant Shappss green transport revolution. Campaigners claim Croydon Council is being undemocratic by forcing through a Low Traffic Neighbourhood (LTN) scheme, where streets are…