Thurrock council hid losses as it gambled millions on risky investments – The Guardian

Bankruptcy

Bankrupt Thurrock council recklessly gambled hundreds of millions of pounds on risky commercial investments while covering up evidence of its losses and attempting to silence critics, a devastating official review has concluded. The government-commissioned report published on Thursday said the Tory-run councils financial collapse in 2022 was the culmination of years of dysfunctional leadership characterised…

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Republicans reveal debt forgiveness package to combat student … – WJXT News4JAX

Debt Help

Senate Republicans announced the Lowering Education Costs and Debt Act as their solution to address the student loan crisis, which comes days before the Supreme Court makes a decision on President Bidens Debt forgiveness plan. The debt forgiveness package aims to provide relief to more than 45 million Americans facing skyrocketing higher education costs. In…

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Bittrex withdrawals set to resume after bankruptcy court gives green light – Cointelegraph

Bankruptcy

The court left the issue of the subordinacy of government claims open; Bittrex received multimillion-dollar credits from FinCEN and OFAC. News Join us on social networks Cryptocurrency trading platform Bittrex is expected to resume customer withdrawals on June 15 following an order from a judge in the United States Bankruptcy Court for the District of…

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Debt Relief: Several States Are Erasing Millions in Medical Bills — Can Yours Be Wiped Out? – GOBankingRates

Debt Help

Tempura / Getty Images/iStockphoto According to the Kaiser Family Foundation, one in 10 Americans around 23 million people carry medical debt, including 11 million who owe more than $2,000 and 3 million who owe more than $10,000. Research published in the medical journal JAMA states that about 18% wind up in collections because of it…

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