The number of people seeking debt solutions in Ireland continued to rise in the second quarter of the year, the Insolvency Service of Ireland (ISI) said. There were 1,259 new applications, a 26 per cent increase in the number of Protective Certificates issued, and a 22 per cent increase in approved arrangements. Lorcan OConnor, director…
DetailsAustralia is in the middle of a toll crisis, with unpaid bills clogging the court system and diverting police resources as people face gigantic financial penalties. With bills running to the hundreds of thousands of dollars, ordinary Australians are being arrested and brought to face court. Victoria Legal Aid’s Damien Stock said unpaid toll bills…
DetailsUnicorns arent real, and neither are the valuations ascribed to many of the startups that say theyre worth $1 billion or more. About half of private companies with valuations exceeding $1 billion, known as unicorns, wouldnt have earned the mythical title without the use of complex stock mechanics, according to a study by business professors…
DetailsDebt consolidation is a lot more challenging with bad credit that is why National Debt Relief shares some tips for consumers in this predicament. The article titled “Can I Get A Debt Consolidation Loan With Bad Credit” released July 14, 2017, aims to help people navigate through the program with informed decisions. Sacramento, CA (PRWEB)…
DetailsStock picture Revealed: How many secured approval for mortgage – but couldn’t find a home to buy Independent.ie A big gap has opened up between the numbers getting approved to take out a mortgage and those who end up drawing one down. http://www.independent.ie/business/personal-finance/property-mortgages/revealed-how-many-secured-approval-for-mortgage-but-couldnt-find-a-home-to-buy-35995718.html http://www.independent.ie/incoming/article35941093.ece/81868/AUTOCROP/h342/page17_property.jpg Email A big gap has opened up between the numbers getting…
DetailsTHE IGA at Bucasia has reopened with a fresh new look. Cornetts Supermarkets chief executive officer Graham Booysen, who has opened the store on Thursday, said there would be a focus on delivering fresh produce to customers. Cornetts owns 31 supermarkets across the state, including Sarina, Collinsville, Clermont, Dysart and Middlemount. Mr Booysen said he…
DetailsScotland staff The Supreme Court of Gibraltar issued the bankruptcy order after hearing a petition that said Gregory King owed £6 millionBen Birchall/Press Association Archive A Scottish lawyer and former hedge fund manager linked to a fraud investigation has been declared bankrupt. Gregory King, from Glasgow and now a resident of Malaga, was accused by…
DetailsAdministrators of collapsed education company Acquire Learning have sold it’s single biggest asset – online job search site CareerOne – to a media group. Cor Cordis announced on Thursday it had sold Acquire’s 90 per cent stake in CareerOne was sold for an undisclosed sum to Octomedia. Creditors will discover the sum at the next creditors meeting in September. Job…
DetailsThe company, which owes lenders Rs 11,309 crore, was referred to the bankruptcy court under Section 7 of the Insolvency and Bankruptcy Code (IBC) by SBI following a nudge from the Reserve Bank of India (RBI). The Kolkata bench of the National Company Law Tribunal (NCLT) on Wednesday asked the interim resolution professional (IRP), appointed…
DetailsThe Ahmedabad bench of the National Company Law Tribunal (NCLT) on Wednesday admitted an insolvency petition against Gujarat-based Essar Steel India Ltd., which has a total debt of more than Rs. 45,000 crore, out of which more than Rs. 32,000 crore had turned into Non Performing Assets (NPA). The NCLTs order paves the way for…
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