Repair Despair: Federal agencies warn about fake for-profit debt relief programs – KBTX

(InvestigateTV) Isabel Patterson self-admittedly struggles with her finances. Ive not historically been great with financial matters, which is why I got into debt, Patterson said. In total, Patterson found herself with more than $25,000 in credit card debt. That, coupled with her mothers encouragement, is why after moving from Washington, D.C. to Richmond, VA, she…

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Repair Despair: Federal agencies warn about fake for-profit debt relief programs – KWCH

(InvestigateTV) Isabel Patterson self-admittedly struggles with her finances. Ive not historically been great with financial matters, which is why I got into debt, Patterson said. In total, Patterson found herself with more than $25,000 in credit card debt. That, coupled with her mothers encouragement, is why after moving from Washington, D.C. to Richmond, VA, she…

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Flipkart plans performance-based layoffs, anticipating 5-7% workforce reduction in March, claims report – WION

E-commerce giant Flipkart is gearing up for a significant restructuring initiative as part of its strategy to streamline resources and sustain profitability, as reported by Times of India. The move could lead to the elimination of approximately 1,500 jobs, excluding those at its fashion platform Myntra, in the coming months. This restructuring effort aligns with…

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Repair Despair: Federal agencies warn about fake for-profit debt relief programs – WDBJ

(InvestigateTV) Isabel Patterson self-admittedly struggles with her finances. Ive not historically been great with financial matters, which is why I got into debt, Patterson said. In total, Patterson found herself with more than $25,000 in credit card debt. That, coupled with her mothers encouragement, is why after moving from Washington, D.C. to Richmond, VA, she…

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Colorado has given more than $2.3 million in federal pandemic aid to people in debt to their HOAs – The Colorado Sun

Colorado has distributed more than $2.3 million in aid since November 2021 to people who are in debt to their homeowners associations through a mortgage assistance program funded by the federal government during the height of the COVID-19 pandemic. The money has gone to pay off unpaid HOA assessments, fines and attorneys fees.  At least…

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Accolade Wines restructure looms but China no golden ticket – The Australian Financial Review

Jan 8, 2024 11.45am Bain Special Situations and London-based Sona Asset Management, two specialists in distressed assets, are poised to take control of Accolade Wines as they work through the final details of a debt restructuring, with terms close to being agreed. The restructure of Australias second-largest wine company owned by The Carlyle Group and…

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Audacy To Slash $1.6 Billion In Debt Via Chapter 11 Restructuring. – Insideradio.com

As expected, Audacy has begun prepackaged chapter 11 proceedings in U.S. Bankruptcy Court for the Southern District of Texas to restructure its balance sheet and slash its total debt from $1.9 billion to $350 million. In a Sunday morning announcement, first reported by Inside Radio in a Breaking News Alert, radios second largest ownership group…

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Corporate insolvencies will occur at rate of almost three per day this year, forecasts PwC – The Irish Times

There will be close to 1,000 corporate insolvencies this year after finalised figures for 2023 came in higher than expected at 717, according to the latest insolvency barometer from professional services company PwC Ireland. The accountancy giant said there had been an uptick in business failures in the fourth quarter of 2023 and that having…

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Insolvency, mediation, bankruptcy, corporate philanthropy are subjects of future – Deccan Chronicle

Nalsar University of Law. Hyderabad: The Institute of Company Secretaries of India (ICSI) and Nalsar University of Law co-hosted the first edition of Corpcon-2024 at Nalsars Shamirpet campus, which ended on Sunday. The three-day workshop on developments and trends in corporate laws and governance provided a platform for knowledge exchange and collaboration focusing on corporate…

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The impact of insolvency on builders' licences: a state-by-state guide – RSM Global

The construction sector is currently navigating high levels of insolvency, which industry experts anticipate will continue into early 2024.  This rising trend underscores the importance for builders and related professionals to be well-informed about the repercussions of insolvency on their operations, particularly regarding builders’ licences. It’s essential for construction professionals to grasp how insolvency might…

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