A talented 21-year-old tragically ended his life after it is believed he lost his 10,000 house deposit through a gambling app during lockdown. Brandon Windeatt-Ball, who lived with his supportive parents in Kingskerswell, near Newton Abbot, had not told them about his debts and had given no indication that he was contemplating suicide, an inquest…
DetailsEditorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn’t affect our editors’ opinions or evaluations. Find Out If You Qualify For Debt Relief Free, No-commitment Estimate Just as your debt can snowball into larger and larger amounts, it also can be reduced by adopting…
DetailsWritten by Karunjit Singh , Edited by Explained Desk | New Delhi | Updated: July 28, 2021 4:28:08 pm The Insolvency and Bankruptcy Code (Amendment Bill), 2021 that was passed in Lok Sabha on Monday replaces the IBC Amendment Ordinance 2021 promulgated in April, which introduced pre-packs as an insolvency resolution mechanism for Micro, Small…
Detailsby French Press Agency – AFP Jul 28, 2021 1:18 pm A private equity company that owns the NSO Group, the Israeli firm at the center of the Pegasus spyware scandal, is being liquidated, a source shared. London-based Novalpina Capital, which bought the NSO Group in 2019, is being dissolved after a dispute between its…
DetailsThe Biden Administration continues to take steps to safeguard U.S. critical infrastructure from growing, persistent, and sophisticated cyber threats. Recent high-profile attacks on critical infrastructure around the world, including the ransomware attacks on the Colonial Pipeline and JBS Foods in the United States, demonstrate that significant cyber vulnerabilities exist across U.S. critical infrastructure, which is…
DetailsA businesswoman who became insolvent following the collapse of the construction sector in the mid-2000s has had the vast majority of her 14.3m debt written off under a personal insolvency arrangement (PIA). haron OReilly (52) owed 11.6m to Nama on foot of personal guarantees and owed 2.7m in mortgage debt to Pepper Finance. However, under…
DetailsThe Australian Small Business and Family Enterprise Ombudsman Bruce Billson has urged the Federal Government and regulators to consider the reactivation of temporary insolvency protections, to support small and family businesses doing it tough in lockdown. Mr Billson says the re-introduction of measures, such as the extension to existing safe harbour provisions, would provide temporary…
DetailsThe Insolvencies and Companies Court of London High Court on Monday declared fugitive business baron Vijay Mallya a bankrupt person as per UK laws. Legal experts explain what this means for 65-year old Mallyas personal liberties, his legal battle against extradition to India to face trial, and for the consortium of Indian lenders – at…
DetailsSummary Companies Ambac and FGIC, longtime holdouts, to back restructuring plan Infrastructure bond holders to get $260 million in cash Judge to consider final ruling on plan voting kickoff Thursday The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we…
DetailsPARAMUS, New Jersey (WABC) — Bergen Community College has announced it is erasing $5 million in student debt as part of an initiative to remove barriers for those seeking to complete their education. The institution is using a portion of funds received from the federal government for pandemic-related relief to satisfy the outstanding balances of…
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