Average debt of problem gamblers: $38000 – Wisconsin Rapids Tribune

The 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.…

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Pie Face receiver says business is close to profitability and sale – The Sydney Morning Herald

Fast-food chain Pie Face is heading towards profitability for the first time in a long time, as its receiver flags the business will be sold shortly. But the one-time, high-flying, hot-pie business has left behind a trail of destruction. Liam Bailey says many creditors are unlikely to receive payment out of the receivership. Photo: Justin McManus…

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BRIEF-Twintec: companies of Kontec Group apply for insolvency protection – Reuters

Jan 16 Twintec Ag * Companies of the Kontec Group apply for insolvency protection Source text for Eikon: Further company coverage: (Gdynia Newsroom) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(‘ Also In Bankruptcy News ‘); var median = (relatedItemsTotal / 2); var $relatedContentGroupOne = $(‘.related-content.group-one ul’); var $relatedContentGroupTwo = $(‘.related-content.group-two ul’); $.each($relatedItems, function(k,v) { if (k + 1 Also…

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BRIEF-Twintec: companies of Kontec Group apply for insolvency protection – Reuters

Jan 16 Twintec Ag * Companies of the Kontec Group apply for insolvency protection Source text for Eikon: Further company coverage: (Gdynia Newsroom) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(‘ Also In Bankruptcy News ‘); var median = (relatedItemsTotal / 2); var $relatedContentGroupOne = $(‘.related-content.group-one ul’); var $relatedContentGroupTwo = $(‘.related-content.group-two ul’); $.each($relatedItems, function(k,v) { if (k + 1 Also…

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Pie Face receiver says business is close to profitability and sale – The Age

Fast-food chain Pie Face is heading towards profitability for the first time in a long time, as its receiver flags the business will be sold shortly. But the one-time, high-flying, hot-pie business has left behind a trail of destruction. Liam Bailey says many creditors are unlikely to receive payment out of the receivership. Photo: Justin McManus…

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Experto Credite enters liquidation owing staff more than £500000 – Credit Strategy

The company entered voluntary liquidation on November 24. David Blenkarn and Gregory Palfrey, insolvency practitioners from accountancy firm Smith & Williamson, were appointed as joint liquidators for the winding up process. In a statement of affairs filing on Companies House, European debt purchaser Intrum Justitia is listed as a company creditor, to the value of…

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Dutch lawyer Peter Wakkie arrested in Spain in telecoms insolvency probe -source – Daily Mail

By Reuters Published: 00:11 +11:00, 17 January 2017 | Updated: 00:11 +11:00, 17 January 2017 e-mail By Angus Berwick and Toby Sterling MADRID/AMSTERDAM, Jan 16 (Reuters) – Spanish police arrested one of the Netherlands’ most prominent corporate lawyers, Peter Wakkie, on Monday at Madrid airport as part of an investigation into the insolvency of Russian-Spanish…

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BRIEF-KTG Energie: vote on insolvency plan on Feb. 3, 2017 – Reuters UK

Jan 16 KTG Energie AG : * Vote on the insolvency plan scheduled for Feb. 3, 2017 Source text for Eikon: Further company coverage: (Gdynia Newsroom) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(‘ Also In Bankruptcy News ‘); var median = (relatedItemsTotal / 2); var $relatedContentGroupOne = $(‘.related-content.group-one ul’); var $relatedContentGroupTwo = $(‘.related-content.group-two ul’); $.each($relatedItems, function(k,v) { if (k…

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