Debt consolidation takes a group of different debts you owe and turns them into one monthly payment.Jetta Productions Inc/Getty Images JUMP TO Section Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. What is debt consolidation? Tools for debt consolidation What is debt consolidation? Tools for debt consolidation…
DetailsNew Delhi: The National Company Law Tribunal on Friday adjourned the insolvency pleas filed by aircraft lessor Wilmington SP Trust Services against SpiceJet. and listed it for July 17. The senior counsel appearing for SpiceJet argued that Aircastle (Ireland) and Wilmington SP Trust Services were the same entity and so this was the third petition…
DetailsNew Delhi: The government has exempted corporate debtors’ production and revenue-sharing contracts, exploration licences and mining leases under the Oilfields (Regulation and Development) Act from moratorium under the Insolvency and Bankruptcy Code (IBC).This effectively means that the government can cancel such contracts or permits with insolvent firms in the petroleum sector even when bankruptcy proceedings…
DetailsMIAMI A West Palm Beach man has pleaded guilty to operating an illegal sports gambling business, conspiring to commit money laundering, using a facility of interstate commerce to carry on prostitution activities, and tax evasion. As part of his guilty plea, Dion De Cesare, 53, has agreed to forfeit to the United States two commercial…
DetailsNew Delhi: The National Company Law Tribunal on Friday adjourned the insolvency pleas filed by aircraft lessor Wilmington SP Trust Services against SpiceJet. and listed it for July 17.The senior counsel appearing for SpiceJet argued that Aircastle (Ireland) and Wilmington SP Trust Services were the same entity and so this was the third petition filed…
DetailsThursday, June 15, 2023 11:00PM The U.S. government is sending checks to more than 37,000 people it says were scammed by an Orange County company. The Federal Trade Commission says that a company called Arete Financial Group tricked people looking for student loan debt relief into making illegal upfront payments. The company allegedly never provided…
DetailsThe number of company insolvencies has risen by 51% in a month to reach a four-year high as companies battled rising costs and interest rates, according to the latest government figures. The figures show that there were 2,552 corporate insolvencies in England and Wales in May. The figure was also 40% higher than in May last…
DetailsDaily News View All News 16 June 2023 Go2 People Ltd. (GO2:ASX), the Australia-based provider of vertically integrated recruitment and training services, announced that its administrators have confirmed that the Deeds of Company Arrangement were completed with control passing to IntoWork effective from 15 June, with the exception of Go2 Recruitment. In May, the group announced…
DetailsFrom 10h ago Sir Ed Davey, leader of the Liberal Democrats, is calling for a 3bn emergency mortgage protection fund to protect people who would otherwise be repossessed. Speaking on Radio 4s Today programme, Davey says the government should provide the kind of help that was available after the last financial crisis. Davey explains: Weve…
DetailsCompany insolvencies in England and Wales jumped by 40% in May to the highest level since monthly records began in 2019. Government data from the Insolvency Service showed 2,552 companies entered insolvency during the month. It said the overwhelming majority of these were creditors voluntary liquidations (CVLs), where bosses agree to wind up the firm…
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