Warnings of financial ‘catastrophe’ as National Debt Helpline buckles under record call volumes – ABC Online

The National Debt Helpline says it is buckling under an unprecedented number of calls from Australians seeking financial counselling. Key points: Australian household debt is at a record high Financial Counselling Australia warns the country is going to go through a debt hangover They estimate 30 per cent of Australian households are in…

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Greece should quit euro zone, get debt relief, German party leader says – Yahoo News

BERLIN (Reuters) – Greece should leave the euro zone and then be given debt relief, the head of Germany’s pro-business Free Democrats (FDP) told a German radio station on Thursday. Greece should, however, remain in the European Union, FDP leader Christian Lindner told Deutschlandfunk, so it can get subsidies to put into infrastructure or help…

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National Debt Relief Talks About Debt Consolidation For Debt Management – PR Web (press release)

NationalDebtRelief.com a balance transfer is another way to consolidate debt Past News Releases RSS Philadelphia, PA (PRWEB) February 09, 2017 National Debt Relief recently shared in an article published January 23, 2017 some of the ways debt consolidation can help consumers get closer to debt relief. The article titled 4 Ways to Achieve Debt…

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Last hope for debt-ridden macadamia company – Northern Star

ADMINISTRATORS of struggling macadamia processing and sales company Macaz will seek offers from interested buyers next week after investigations revealed mounting debt, poor management and legal challenges. Condon Associates Group managing principal Schon Condon said he wants to sell the company as a whole rather than auction off equipment to save jobs and business opportunities…

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New era: Insolvency resolution begins for seven Indian companies – Economic Times

KOLKATA: While Innoventive Industries moved the Bombay High Court against the bankruptcy law, the Insolvency & Bankruptcy Board of India has registered six other cases including one involving Vijay Mallyas UB Engineering to begin insolvency resolution process against these companies, ushering in a new era in Indias dealing with sick businesses. ICICI Banks application for…

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Wynyard Group placed into liquidation – Business – NZ Herald News – New Zealand Herald

Craig Richardson was chief executive of the Wynyard Group. Photo / File Creditors have placed failed crime-fighting software company Wynyard Group into liquidation, the company announced today. KordaMentha partners Grant Graham and Neale Jackson, who were running the voluntary administration, of Wynyard have been appointed liquidators of the company and subsidiary Wynyard (NZ) Limited. The…

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