Economy Pressure is building on Biden to consider more student-loan borrowers for debt relief Ayelet Sheffey 2024-01-31T15:55:11Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Twitter icon A stylized bird with an open mouth, tweeting. Twitter…
DetailsAdvice centres offer free, confidential and impartial advice on debt, employment and housing problems. They can also help make sure youre getting all the support and benefits youre entitled to. Always check the organisation you are taking advice from is registered with the Financial Conduct Authority (FCA). Some FCA registered providers are: Agnes Smith Advice…
DetailsBy getting answers to your debt relief questions now you’ll better prepare yourself for financial success. Getty Images Inflation has been high for some time, and prices on many goods and services have been rising. According to the Bureau of Labor Statistics, transportation costs are up almost 10%, housing costs more than 6% and food…
DetailsLiverpool property developers and hotel bosses Lawrence and Katie Kenwright have been declared bankrupt. The husband and wife team behind the Signature Living brand, which opened a host of well-known hotels, apartment blocks and wedding venues in Liverpool and Merseyside, received the order at Liverpool County Court on January 30, according to the government’s individual…
DetailsIn 2023, 25,158 company insolvencies were reported in England and Wales by the Insolvency Service, the highest number since 1993. Figures included 20,577 voluntary liquidations (9% higher than 2022 and the highest number since 1960), 2,827 compulsory liquidations (up 44%), 1,567 administrations (up 27%), and 185 company voluntary arrangements (CVAs) (up 67%). The number of…
DetailsMember Article R3 responds to the 2023 annual insolvency statistics There were 25,158 seasonally adjusted corporate insolvencies in 2023. This was an increase of 13.7% from 2022s figure of 22,123, an increase of 78.9% on 2021s figure of 14,059, and an increase of 46.6% on pre-pandemic figures in 2019 (17,163). There were 103,454 seasonally adjusted…
DetailsA car company linked to a larger tradie contracting group has collapsed into liquidation with liabilities of $1.4 million. News.com.au can reveal that earlier this month, Sydney-based Surelinc Fleet went into liquidation. Its sole purpose was to lease cars to a sister company, Surelinc Services, which does heating, ventilation, airconditioning, maintenance and fire protection jobs.…
DetailsCost of Living9:05Why instalment loans are the riskiest bet in finance Jolene Chateauneuf was just trying to avoid getting evicted. It was 2021, and she was short $1,500 for the rent on her apartment in Princeton, B.C., where she was living at the time. So she took out a rapid loan from a payday-style lender…
DetailsGetty Images By Sam Gruet Business reporter, BBC News The number of companies that went bust last year in England and Wales hit a 30-year high, according to the latest figures. More than 25,000 company insolvencies were registered in 2023, the highest number since 1993, as firms struggled with rising costs and interest rates. Companies…
DetailsIf it’s getting difficult to make your minimum payments, you may be considering debt relief. But do debt relief services hurt your credit? Getty Images If you’re struggling with credit card debt, you may feel like you’re in a trap that could last a lifetime. After all, credit cards usually come with high interest – interest…
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