KUALA LUMPUR: A total of 1,093 civil servants were declared bankrupt last year, as compared to 960 in the previous year, the Dewan Rakyat was told today. Minister in the Prime Minister’s Department Datuk Seri Azalina Othman Said said 3,276 civil servants were declared bankrupt between 2013 and 2016. She was responding to a question…
DetailsThe city-based company has allegedly defrauded a 20-lender consortium, led by public sector Uco Bank, through conspiracy, cheating and forgery. The National Company Law Tribunal (NCLT), Kolkata, has ordered for initiation of the Corporate Insolvency Resolution process in respect of Basmati rice exporter REI Agro, which has allegedly been involved in a massive bank loan…
DetailsDepartment of Human Services bosses address reports a Centrelink recipient committed suicide over a debt recovery notice Rhys Cauzzo, who battled depression, took his own life in January of this year. AFTER months of heartbreaking stories from those caught up in the Centrelink crisis, it was almost a tragic inevitability. Rhys Cauzzo, 28, took his…
DetailsFRISCO, TX / ACCESSWIRE / March 7, 2017 / United Debt Counselors is a debt settlement service operating in Frisco, Texas that has helped thousands of customers resolve debt with creditors in their more than five years in business. Consumers seeking debt relief services need a reliable and experienced partner that can help them to…
DetailsThe window for submitting stakeholder comments on draft regulations for voluntary liquidation under the Insolvency and Bankruptcy Board of India (IBBI) closes today. On February 14, the board had invited public comments on the Draft Regulations for Voluntary Liquidation giving time till March 8. The Ministry of Corporate Affairs had set-up four working groups of…
DetailsModel Sarah McGovern. Photo: Steve Humphreys Model Sarah McGovern has been caught in the latest Revenue swoop. Ms McGovern has paid 37,355 to the taxman for the underdeclaration of income tax, including a 7,000 penalty. Others named as tax defaulters include disgraced former judge Heather Perrin. The solicitor from Malahide in Co Dublin was declared…
DetailsThe Australian Taxation Office says the “robo-debt” debacle is not its fault and it is unhappy being publicly linked with Centrelink’s controversial debt-recovery program. Senior ATO officials told a Senate committee investigating robodebt on Wednesday that the ATO simply handed its data on taxpayers over to Centrelink’s parent department, Human Services, which then used an automated…
DetailsThe couple will have 12m in debt written off in exchange for agreeing to pay creditors 145,000, under the terms of the scheme. The bulk of the money will go to the biggest creditor, Dunbar Assets, formerly Zurich Bank. The couple had already lost control of prized assets, including the famous Unicorn restaurant and investment…
DetailsLAFAYETTE LA - Special note from Better Business Bureau of Acadiana: Better Business Bureau Serving Acadiana is celebrating National Consumer Protection Week. Each day this week, BBB will release a special tip on a variety of consumer issues which most affect local consumers. Drowning under an ocean of debt? You are not alone. Many people face…
DetailsIt will be a few more weeks before Carlton legend Mike Fitzpatrick hangs up his boots as AFL chairman, but he doesn’t need to worry about things getting a little boring following his departure from the big game. The Fitzpatrick-chaired boutique investment disaster, Pacific Current Group (PAC), shows no signs of making peace with its…
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