Personal insolvency debt is incurred by an individual if they cannot see a way out and declare bankruptcy. Picture: Getty Images. The number of people entering into personal bankruptcies in the Pilbara has started to stabilise, new data has revealed. The latest regional insolvency statistics released by The Australian Financial Security Authority saw the total…
DetailsShutterstock photo (RTTNews.com) – Indian shares look set to open largely unchanged on Wednesday as politicians trade barbs on the merits and demerits of demonetization. While Congress leader Manmohan Singh called it an “organized loot”, Finance Minister Arun Jaitley called the note ban an ethical drive, a moral step that made corruption difficult.…
DetailsReuters GABORONE, Nov 7 (Reuters) – KFC Botswana will come out of liquidation after a joint venture between Shell Fuel distributors, Vivo Energy Botswana and South African KFC franchise operator Baobab Khulisani agreed to buy the fast food chain. KFC Botswana, whose portfolio includes 12 stores, was placed under liquidation in June 2016…
DetailsModenas bankruptcy filing will be presented today, the 20th team to go bankrupt in the past five years. It was officially confirmed yesterday that the Canarini have been thrown out of the Lega Pro, having failed to turn up for four matches this season. The team has been barred from the Stadio Alberto Braglia, and…
DetailsThe micro-savings app previously only enabled users to add lazy cash to their superannuation. Micro-savings app Carrott now enables users to add their spare change, known as lazy cash, to contribute to their FEE-HELP debt or mortgage. The app initially only allowed users to add their spare change to their superannuation when it launched in…
DetailsBriana Casale normally looks forward to Christmas. This year, shes dreading it. Casale, a 21-year-old teaching assistant in Cranston, Rhode Island who graduated in May, will see her six-month grace period on her student loans end with the arrival of the holidays. That means a harsh dose of financial reality for the Simmons College graduate,…
DetailsELSS schemes also enjoy the benefit of coming under EEE or Exempt, Exempt, Exempt (EEE) category. Indian stocks have rallied sharply in the past few years, boosting the returns from Equity Linked Savings Scheme or ELSS, a tax-saving mutual fund. According to Valueresearchonline.com, equity linked savings scheme as a category has given 25 per cent…
DetailsGABORONE, Nov 7 (Reuters) – KFC Botswana will come out of liquidation after a joint venture between Shell Fuel distributors, Vivo Energy Botswana and South African KFC franchise operator Baobab Khulisani agreed to buy the fast food chain. KFC Botswana, whose portfolio includes 12 stores, was placed under liquidation in June 2016 after the company…
DetailsLike many department stores, Sears Canada has struggled with competition from specialty stores and online retailers. Its bankruptcy will eliminate some 12,000 jobs and leave 16,000 retirees worried about their pensions. Its just the latest signal that employees and regulators should rethink their approaches to defined-benefit pensions. Pensions are promises Pensions represent deferred wages, money…
DetailsSBD Global/November 8, 2017/Finance Published November 8, 2017 Boris Becker “denied that he is broke despite being declared bankrupt by a court in London and having claims against him” for more than £50M ($65.9M), according to David Charter of the LONDON TIMES. The tennis champion, who won six grand slam tournaments, told a Swiss…
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