Shakuhachi liquidation shows almost $1 million owed to creditors – The Canberra Times

A scroll through the Instagram profile of Australian fashion designer Jessica White reveals a charmed life in sunny Bali, replete with cocktails, waterfront parties and an enviable wardrobe. But back home things aren’t so sunny for more than 80 creditors to her company who remain empty-handed since Ms White left Australia potentially owing almost $1…

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Calls for ‘Breathing Space’ scheme to help thousands of North East families in debt – ChronicleLive

A MP has backed calls for a scheme which would protect thousands of North East families from being ravaged by debt. Wansbeck MP Ian Lavery said a Breathing Space initiative would help families struggling with debt to stabilise their finances. It comes after Bank Of England data showed unsecured household debt is rising at its…

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TasCOSS prepares submission to Senate inquiry into Centrelink automated debt recovery system – Tasmania Examiner

The Tasmanian Council of Social Services is preparing a detailed submission to the senate inquiry into the Centrelink robo-debt fiasco. TasCOSS chief executive Kym Goodes said on Monday that the councils submission focused on a number of key areas, including the impacts of stress on all people who have received a Centrelink debt letter, and the right…

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Gordmans department stores file for bankruptcy, plan liquidation – MLive.com

Bankruptcy, liquidation and closings are becoming all too familiar in the brick-and-mortar retail world.   Gordmans added itself to the growing list of retailers closing up shop when the Omaha, Nebraska-based company announced this week that it filed for Chapter 11 bankruptcy.  “It’s business as usual in our stores and Gordmans.com!” the home page of the website says. “In…

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KBS REAL ESTATE INVESTMENT TRUST, INC. (OTCMKTS:KBRS) Files An 8-K Other Events – Market Exclusive

KBS REAL ESTATE INVESTMENT TRUST, INC. (OTCMKTS:KBRS) Files An 8-K Other EventsITEM 8.01 OTHER EVENTS Initial Liquidating Distribution Authorized On January 27, 2017, the stockholders of KBS Real Estate Investment Trust, Inc. (the Company) approved the sale of all of the Companys assets and the Companys dissolution to the terms of…

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