US$1.7 trillion. Thats how much college students and graduates owed in federal student loan debt as of July 2021. The rising amount of student loan debt can pose serious challenges for individual borrowers. For that reason, colleges and universities and even the federal government have been pursuing solutions to alleviate the burden. But what are…
DetailsThe share of #corporate insolvency resolution processes (CIRP) initiated by corporate debtors themselves have declined over the years since the inception of the Insolvency and Bankruptcy Code (IBC). pic.twitter.com/ID18dQz0OM IANS Tweets (@ians_india) September 11, 2021 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and…
DetailsThe share of corporate insolvency resolution processes (CIRP) initiated by corporate debtors themselves have declined over the years since the inception of the Insolvency and Bankruptcy Code (IBC). Data from the Insolvency and Bankruptcy Board of India (IBBI) showed that as of March 2017, out of the total CIRPs, seven were triggered by operational creditors,…
DetailsForeword from the Chair of the Insolvency Service Board I am delighted to introduce the Insolvency Services annual plan for 2021-2022, having been appointed Chair of the Insolvency Service Board in April 2021. This is an exciting and important time for the Insolvency Service as we launch our new five-year strategy. It is my privilege…
Details(Bloomberg) — Japan Airlines Co. plans to raise about 300 billion yen ($2.7 billion) via subordinated bonds and loans to shore up its capital in case the coronavirus pandemic hurts travel demand longer than it expects. The Tokyo-based carrier said it secured around 200 billion yen in loans from four Japanese banks and plans to…
DetailsIn July, my colleague Hayden Asper, wrote in this publication that when it came to collecting outstanding tax debts, while the Australian Tax Office had cut businesses some slack, this generosity wasnt going to last forever. And it hasnt. For a while, the ATO had been sympathetic about uncertain cash flows and made some changes…
DetailsA slow transition to a low-carbon future and failure to take urgent action on climate risks stranding more than a trillion dollars in oil and gas projects, according to a new study out from financial think tank Carbon Tracker Initiative. The groups fifth annual analysis of the risk of investing in oil and gas reveals…
DetailsGambling addict reveals how winning 127,000 in a casino 20 years ago sent her down path of destruction where she blew 500,000, lost her home and spent her wedding night playing slots until 6am Gambling addict Lisa Walker, 48, from Essex ended up bankrupt A win in 2001 became the start of a nightmare that…
DetailsOur goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The best debt consolidation loans for…
DetailsA slow transition to a low-carbon future and failure to take urgent action on climate risks stranding more than a trillion dollars in oil and gas projects, according to a new study out from financial think tank Carbon Tracker Initiative. The groups fifth annual analysis of the risk of investing in oil and gas reveals…
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