Debt relief companies are for-profit institutions that help consumers manage large amounts of delinquent debt with the aim of avoiding bankruptcy. The portfolio of relief services will vary by company, but most offer debt settlement, debt consolidation and debt management. How debt relief companies work Debt relief companies exist to help consumers lower their debt…
DetailsTuSimple, the once high-flying autonomous trucks company that went public in 2021, is restructuring and laying off about 30% of its global workforce as it works to preserve cash and stay in business. All of the layoffs will occur in TuSimple’s U.S. workforce. Prior to the layoff, TuSimple had about 550 employees in the U.S.…
DetailsA view of the stage at the A+E Networks Summer TCA event 2019 at The Beverly Hilton Hotel on July 23, 2019. Picture: Michael Kovac/Getty Images for A+E Networks Vice Media, which once promised annual revenue of $1bn and attracted eight- and nine-digit investments from the likes of Rupert Murdoch and Disney, has declared bankruptcy.…
DetailsDisclaimer: This is sponsored content. All opinions and views are of the advertiser and do not reflect the same of WFTS. Advertiser: Paradise Media. Credit card debt can be a stressful and challenging financial burden to deal with. If you are struggling with high-interest credit card balances, you might find it helpful to consolidate your…
DetailsThis article discusses the ways debt consolidation can affect property purchasing, both positively and negatively. By understanding the potential implications, you can make informed decisions about how to manage your debts while striving for homeownership. First, what is debt consolidation? It is a financial strategy that many individuals employ to better manage their debt. By…
DetailsU.S. Bankruptcy Court Approves Insolvency Plan for Voyager Amidst Failed Asset Acquisition Binance.US Withdrawal and FTX Lawsuit Disrupt Voyager’s Asset Disbursement The U.S. Bankruptcy Court for the Southern District of New York greenlit the insolvency plan of cryptocurrency facilitator, Voyager. The court’s official endorsement, championed by Judge Michael Wiles, became available to the public on…
DetailsTuSimple, the once high-flying autonomous trucks company that went public in 2021, is restructuring and laying off about 30% of its global workforce as it works to preserve cash and stay in business. All of the layoffs will occur in TuSimple’s U.S. workforce. Prior to the layoff, TuSimple had about 550 employees in the U.S.…
DetailsNorth East energy consultancy Great Annual Savings has fallen into administration with the loss of more than 100 jobs after a restructuring plan was rejected at a High Court hearing. The former Sunderland AFC shirt sponsor, based in Seaham, County Durham, had put together a plan in a last ditch bid to counter a winding-up…
DetailsTuSimple, the once high-flying autonomous trucks company that went public in 2021, is restructuring and laying off about 30% of its U.S. workforce as it works to preserve cash and stay in business. The announcement early Thursday comes a week after the company disclosed that it received a delisting notice from the Nasdaq for failing to file…
DetailsThe pick-up in trading activity is great to see but my excitement is tempered by our data on external administrations, in particular, which are rising across almost every industry, Coghlan said. External administrations slipped in April month-on-month due to seasonality but remained up 13% year-on-year. CreditorWatch noted that in an environment of still-rising costs for…
Details