How credit card debt forgiveness can help you avoid bankruptcy – CBS News

Credit card debt forgiveness may give you an alternative to bankruptcy.  Getty Images The inflationary economic environment has weighed heavily on many Americans over the past couple of years. In fact, inflation become so problematic following the COVID-19 pandemic that the Federal Reserve decided to increase interest rates several times – a move that made…

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The Real Estate and Corporate Restructuring Connection, Plus Retail Restructuring Trends | Insights – Holland & Knight

The transition to online shopping, interest rate increases, labor costs, maturing debt and rising inflation have collectively taken a significant toll on the retail industry, contributing to store closures and a growing number of bankruptcy filings by retail companies in recent years. Nearly 30 retailers sought bankruptcy protection in 2023. Some retailers have even filed…

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Ex-ILVA declared insolvent – Agenzia ANSA

A Milan bankruptcy court on Thursday declared the former ILVA steelworks at Taranto in Puglia insolvent, the necessary premise for the installation of special commissioner Giancarlo Quaranta to run the plant, now called Accaierie d’Italia (AdI), ahead of possible new foreign partners joining after multinational ArcelorMittal’s term ended acrimoniously.    The declaration of insolvency, at the…

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