They paid off their $330,000 mortgage in five years. Photo courtesy of Talaat and Tai McNeely TaiMcNeely almost didn’t marry her now-husband Talaat after discovering he had debt: he owed more than $30,000 from credit cards and vehicles. Talaat wasn’t alone in his financial struggles. The average American household carries $5,700 in credit card debt…
DetailsWith a swipe here and a swipe there, it can be easy to live your life on plastic and pile up debt. Youre not alone: U.S. households carried credit card balances that totaled $815 billion in debt in the first quarter of 2018, according to the Federal Reserve Bank of New York. Sticking to a…
DetailsLingard, who was managing director of AQ/AQ appointed liquidators on 4 July and filed a notice to creditors on 25 July to allow the re-use of a prohibited name. Insolvency practitioner AABRS was asked to handle the liquidation following a special resolution passed by the company to voluntarily wind up the business. A statement of affairs filed…
DetailsSean Pyles, NerdWallet Published 11:00 a.m. ET Aug. 15, 2018 CLOSE Millennials feel theyre being held back…by their credit score that is. Buzz60’s Sam Berman has the full story. Buzz60 Buried in debt(Photo: Getty Images/iStockphoto) With a swipe here and a swipe there, it can be easy to live your life on plastic and pile…
DetailsKatie Price’s beloved luminous pink horsebox has popped up for sale on EBay, as she attempts to take control of her ailing finances. Last week the ex glamour model, once worth a reported £45million, was granted 12 weeks to come up with a viable payment plan in order to avoid being declared bankrupt by the…
Detailshttp://maltawinds.com/2018/08/15/insolvency-register/ The Courts of Justice, in partnership with the Registrar of Companies, succeeded in acquiring an EU grant to develop an integrated National Insolvency Register that will in future be interconnected to the European e-Justice Portal. The project was co-funded by the Justice Programme (2014-2020) of the European Union. MITA was appointed by the courts…
DetailsPort Macquarie recorded the highest number of personal bankruptcies in the state during the 2018 financial year, analysis shows. Some 82 people in Port Macquarie declared bankruptcy during that time. The figures also ranked Port Macquarie sixth in the top 10 Australian locations by volume for bankruptcy. Data registry and analytics business illion combined official bankruptcy data with…
DetailsMarka, a Dubai-based retailer and owner of a group of restaurants, narrowed its second quarter loss on after the cost of sales and expenses fell as the company continues to restructure its business. Net loss for the three-month period ending June 30 came down to Dh12 million from Dh126m reported for the same period in…
DetailsRetail operator Marka reported a total profit of AED 2.8 million in Q2 2018 – compared from an operational loss of AED 48.6 million in the same time period in 2017 as the company continues with its restructuring plan, it announced on Wednesday. The results mark the second consecutive operationally profitable quarter for the company. …
DetailsAbout 100 would-be homeowners have had their dreams crushed after an estimated total of $3 million in housing deposits went missing. Winning Post Officer allegedly took the deposits before the families were told the company had gone into liquidation. The company linked to the project, RIC Homes, does not even own the land the buyers…
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