BANKRUPTCY BOMBSHELL The footballer – who played for Celtic and Dundee and was capped 19 times for his country – has been declared insolvent FORMER Scotland goalkeeper Rab Douglas has been made bankrupt with debts of more than £210,000. The footballer who played for Celtic and Dundee and was capped 19 times for his country…
DetailsFOURTEEN financial institutions in Singapore will participate in a debt consolidation plan this month, said the Association of Banks in Singapore (ABS) on Tuesday. The debt consolidation plan will allow eligible customers to consolidate their existing unsecured credit balances across financial institutions with just one participating financial institution. Such debt will include credit card debt,…
DetailsSINGAPORE Fourteen financial institutions in the Republic have come together to launch a new repayment scheme to help overextended borrowers reduce their debts, the Association of Banks in Singapore (ABS) said on Tuesday (Jan 17). The move followed the Governments decision to tighten borrowing limits for unsecured loans from the current 24 times monthly income…
Details> Staff Reporter Windhoek There is a myth that debt consolidation saves interest and you have one smaller payment, but the truth is that debt consolidation is an indication of over-indebtedness which only treats the symptom. Debt consolidation is defined as taking out a new loan to pay off a number of liabilities and consumer…
DetailsThe Wisconsin Council on Problem Gambling reports that many callers to its helpline in 2016 faced “desperate” situations.(Photo: Submitted by Marshfield Clinic) By the time many out-of-control gamblers seek help, theyre desperate. On average, they are $38,090 in debt. Theyve maxed-out credit cards and drained bank accounts. Theyve lied to and stolen from family members.…
DetailsThe contents of SAE’s Gloucester St premises will be sold by auction after the company went into liquidation. Photo / Duncan Brown A 32-year-old Napier company has gone into voluntary liquidation with the loss of 10 jobs, missing out on a dramatic recovery in the Hawke’s Bay construction sector. John Managh & Associates’ first liquidators…
DetailsBy Angus Berwick and Toby Sterling | MADRID/AMSTERDAM Spanish police arrested prominent Dutch corporate lawyer Peter Wakkie at Madrid airport on Monday in an investigation into the insolvency of Russian-Spanish telecom firm ZED+, a judicial source said. A spokesman for Wakkie, who is ZED+’s interim manager, said he could not immediately comment on the arrest…
DetailsFormer senator Rod Culleton could face jail if he continues to claim he is a federal MP. Picture: AAP Image/Richard Wainwright FORMER One Nation senator Rod Culleton could face jail time for impersonating a government official if he continues to claim he is a federal MP. Nearly a week after he was removed from his…
DetailsThe Wisconsin Council on Problem Gambling reports that many callers to its helpline in 2016 faced “desperate” situations.(Photo: Submitted by Marshfield Clinic) By the time many out-of-control gamblers seek help, theyre desperate. On average, they are $38,090 in debt. Theyve maxed-out credit cards and drained bank accounts. Theyve lied to and stolen from family members.…
DetailsFederal Hunter MP Joel Fitzgibbon. Picture: Alex Ellinghausen Two Labor MPs have slammed the Turnbull Government over the Centrelink debt saga, and have repeated calls for the governments cash claw-back to be put on hold until the matter has been cleared up. The federal welfare agency has sent debt notices to thousands of people across Australia…
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