Like many people in these strange and unwelcome times, Brienna Prowler has been making ends meet by running up hefty balances on her credit cards. Specifically, shes carrying a combined $15,000 in family medical bills on her Chase and Barclays cards bills she cant pay down since losing her gig as a bartender because of…
DetailsSeptember 15, 2020 08:00 ET | Source: Credit Counselling Canada TORONTO, Sept. 15, 2020 (GLOBE NEWSWIRE) — A new national survey by Credit Counselling Canada paints a picture of confusion about where consumers feel they can turn for help if they hit debt rock bottom. The study also addresses consumer sentiment on issues ranging from…
DetailsTranslated into western culture via Haitian voodoo and West African mythology, the living dead have certainly been reanimated in a plethora of movies and television series over the last couple of decades. Now they are slouching further into the corporate world. “In the corporate world, a zombie is defined as a company which hasnt actually…
DetailsGUWAHATI: Rajya Sabha MP from Congress, Ripun Bora on Tuesday raised the issue of the Nagaon and Cachar paper mills in Parliament urging that the revival of the two public sector entities, which have been non-functional since the past four years, would help stabilise the states economy. The mills have been in a non-functional state…
DetailsAdvertisement: A bankruptcy court in Bangkok has given Thai Airways the green light to go ahead and restructure the airline. Akin to the Chapter 11 process in the United States, insolvency experts will attempt to steer the embattled airline out of its financial strife. But with US$11 billion in debt and having defaulted on loans…
DetailsOnline service SoloSuit wants to help Americans who are being sued for a debt fight back using automated tools. The company, which is launching its service nationwide today at TechCrunch Disrupt 2020, guides users through preparing a response to their lawsuit, optionally having a consumer protection attorney look over the entire document on their behalf,…
DetailsTranslated into western culture via Haitian voodoo and West African mythology, the living dead have certainly been reanimated in a plethora of movies and television series over the last couple of decades. Now they are slouching further into the corporate world. “In the corporate world, a zombie is defined as a company which hasnt actually…
DetailsThailand‘s Central Bankruptcy Court granted (14-Sep-2020) Thai Airways‘ business restructuring petition and appointed the following planners as nominated by Thai: Chaiyapruk Didyasarin; Chakkrit Parapuntakul; Pirapan Salirathavibhaga; Boontuck Wungcharoen; Piyasvasti Amranand; Chansin Treenuchagron; EY Corporate Advisory Services. The planners will prepare the plan as soon as possible and it is expected that Thai will propose the…
DetailsTranslated into western culture via Haitian voodoo and West African mythology, the living dead have certainly been reanimated in a plethora of movies and television series over the last couple of decades. Now they are slouching further into the corporate world. “In the corporate world, a zombie is defined as a company which hasnt actually…
DetailsOn 25 June 2020, the new Corporate Insolvency and Governance Act (the “Act”) received Royal Assent. We anticipate that the changes introduced by the Act will have a significant impact on the future direction of the UK restructuring market. The purpose of the Act is to promote a stronger rescue culture in the UK, providing…
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