Debt consolidation the leading reason Aussies take out personal loans, says Plenti By Ceyda Erem Thursday, 29 April 2021 Advertiser disclosure Whether its spending more time at home or a new perspective on life, many Aussies across the country have been taking great strides in smashing their financial goals by taking out a personal loan.…
DetailsWeekly Reports | 11:18 AM This story features EZZ Life Science Holdings Ltd, and other companies. For more info SHARE ANALYSIS: EZZ You beauty! Health and wellness stocks that deliver prosperity and vitality By Tim Boreham, Editor, The New Criterion It seems the only advertisers these days are Harvey Norman, sports betting shops and Chemist…
DetailsCREDITORS of a century-old Ipswich manufacturing business which went into administration two years ago are set to receive what is owed to them in full. Claypave Pty Ltd went into voluntary administration in March 2019 owing $4.9 million to the Commonwealth Bank and $70,000 to trade creditors. It had accrued liabilities of $2 million in…
DetailsInsolvency practitioners have been urged to steer clear of dual appointments, contentious referral relationships and other conflicts of interest as the regulator issues a new report shining a spotlight on independence threats. The Australian Financial Security Authority (AFSA) on Wednesday released a new report, Practitioner independence in the personal insolvency system, to clarify what practitioner…
DetailsRestructuring plans were introduced into law at the height of the coronavirus crisis in 2020 to provide businesses with a new tool with which to overcome financial difficulty. The hearing to approve the restructuring plans proposed by Virgin Active is scheduled to commence on Thursday 29 April. If approved, the restructuring would bind opposing landlords…
DetailsThe moratorium is provided for in The Debt Respite Scheme (Breathing Space Moratorium and Mental Health Crisis Moratorium) (England and Wales) Regulations 2020 and will apply to eligible individuals who have debt problems. The purpose of the Regulations is to give individuals a breathing space during which they can obtain professional debt advice and find…
DetailsBy Douglas FraserBusiness and economy editor, Scotland image copyrightGetty Imagesimage captionThe number of insolvencies is expected to rise despite coronavirus restrictions easing The number of Scottish companies facing insolvency is expected to rise steeply as government loans have to be paid. It comes despite restrictions on the economy being relaxed. R3, the trade body for…
DetailsANN ARBOR, MIAdmitting that the shifty fish has managed to evade detection by mankind for thousands of years, researchers at the University of Michigan Museum of Paleontology discovered Wednesday that the coelacanth successfully faked its own extinction in order to escape a massive gambling debt. For years we thought all but one related species was…
DetailsSAN JOS, Costa Rica, April 28, 2021 /PRNewswire/ — PricePerPlayer.com, the leading Sportsbook Pay Per Head provider in the gambling industry is changing its price per player model.The typical model for a bookie Pay Per Head company is to charge a weekly fee for each active gambler. The price range for these services is usually…
DetailsWhen restructuring a company in distress, early specialist engagement is vital says Ryan Grant, Partner in BDO and an Insolvency Practitioner. When a business is running out of cash, options are severely limited, says Grant. A complication of the pandemic is that many companies have built up significant legacy creditor positions and these will have…
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