It seemsthat patience is beginning to wear thinwith our seemingly never-ending mortgage crisis. nd that position is not just held by those of a right-wing bent or those with little empathy for the plight of others. Mortgage debt campaigner David Hall is among those who think it has all been going on for too long.…
DetailsIt seems the only advertisers these days are Harvey Norman, sports betting shops and Chemist Warehouse and Priceline with their pages of pills and unguents. Indeed, the term health and wellness might be overused and even tautologous, but tell that to average households that spend many billions of dollars annually on cosmetics, dietary supplements and…
DetailsThe new Breathing Space and Mental Health Crisis Debt Respite Scheme will come into force on May 4 and could help up to 700,000 people per year with their debts The Covid-19 pandemic has hit plenty of people hard through job losses and slashed incomes. But the governments new debt respite programme, known as the…
DetailsScores of ‘zombie companies’ have been kept alive in order to receive final government stimulus measures before being shut down, according to a leading insolvency expert. Revive Financial partner Jarvis Archer said the “clean up” of zombie companies was under way with an increase in liquidation appointments across a range of industries. A ‘zombie company’…
DetailsNEW YORK–(BUSINESS WIRE)–Sidley Austin LLP is pleased to announce that Tom Califano is joining the firms global Restructuring group. Mr. Califano will be a partner in the New York office. He joins from DLA Piper where he was the global co-chair and U.S. chair of the restructuring group. As a nationally-recognized restructuring lawyer, Mr. Califano…
DetailsKatie explained why she loves being bankrupt (Picture: Ken McKay/ITV/REX) A recently-engaged Katie Price has insisted being bankrupt is the best thing to happen to her as she laid bare her financial struggles. The star, who revealed her engagement to Carl Woods last week, said she loves being bankrupt as it means no one can…
DetailsHouston-based Diamond Offshore Drilling has emerged from chapter 11 after completing a financial restructuring. Diamond Offshore had been working on the restructuring since filing for chapter 11 in April 2020. The company has merged with a reduction of over $2.1bn of debt after the equitization of senior unsecured note obligations. It also has over $625m…
DetailsBy Catrin Haf JonesBBC Wales political correspondent image copyrightGetty Imagesimage captionCouncil tax helps pay for services provided by local authorities Tackling the impact of council tax on the poorest people should be a “high priority” for the next Welsh government, a charity has said. Citizens Advice Cymru said council tax arrears were the “biggest debt…
DetailsInsolvency Of Personal Guarantors To Companies: An Atmosphere Of Uncertainty Top Begin typing your search above and press return to search. Read the full article at: https://www.livelaw.in/law-firms/articles/insolvency-personal-guarantors-companies-uncertainty-173206
DetailsScores of ‘zombie companies’ have been kept alive in order to receive final government stimulus measures before being shut down, according to a leading insolvency expert. Revive Financial partner Jarvis Archer said the “clean up” of zombie companies was under way with an increase in liquidation appointments across a range of industries. A ‘zombie company’…
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