Economist Hugh Johnson Discusses American Rescue Plan, GameStop, Student Loan Debt Relief – WAMC

Millions of Americans have started receiving stimulus checks as part of the $1.9 trillion American Rescue Plan meant to help the U.S. economy continue its recovery from a recession induced by the COVID-19 pandemic. Although the legislation was only signed into law by President Biden two weeks ago, economist Hugh Johnson says the measure is…

Details

Normalcy restored for resolution of stress under IBC: IBBIs M S Sahoo – Business Standard

IBBI Chairperson M S Sahoo on Thursday said “normalcy” has been restored with respect to resolution of stress under the insolvency law, with the expiry of suspension of fresh proceedings. TopicsM S Sahoo|IBBI|Insolvency and Bankruptcy Code IBBI Chairperson M S Sahoo on Thursday said “normalcy” has been restored with respect to resolution of stress under…

Details

Automatic filing extensions granted by Corporate Insolvency and Governance Act due to come to an end – Mirage News

The Corporate Insolvency and Governance Act 2020 received royal assent on 25 June 2020. The Act granted automatic extensions for filing deadlines between 27 June 2020 and 5 April 2021 to relieve the burden on companies during the coronavirus (COVID-19) pandemic and allow them to focus all their efforts on continuing to operate. Automatic extensions…

Details

VA extends debt relief for Veterans – VAntage Point – VAntage Point Blog

VA is extending debt relief for Veterans through September 30, 2021, due to the COVID-19 pandemic. VA will suspend collection of all Veteran benefit overpayments incurred between April 6, 2020, and September 30, 2021.No adverse actions or collection attempts will occur during this suspension period. Additionally, all copayments for medical care and pharmacy services incurred…

Details

Parish council to write off £17000 debt after allotment holder declared bankrupt – Darlington and Stockton Times

A PARISH council will have to write off a debt of almost 17,000 after an allotment holder who took it to court declared bankruptcy. Maureen Powles, from Hurworth, near Darlington, was told last year she would have to pay Hurworth Parish Councils costs after she took it to court and lost following a long-running row…

Details