Some student loan borrowers having trouble repaying their loans are getting desperate, causing them to look for help in the wrong places. Federal regulators announced another crackdown this week on firms that charge illegal up-front fees, and ongoing monthly fees, selling debt relief services to these borrowers that are generally available for free. Three cases announced…
DetailsIn a perfect world, youd have a robust rainy day fund for lifes curveballs. But many people live paycheck to paycheck and arent prepared for surprise expenses. A 2012 study from the Financial Industry Regulatory Authority found that 40% of Americans would have a hard time pulling together $2,000 within 30 days to handle an…
DetailsIndian models pose with the flexible YOGA range of Lenovo laptops during their launch in Bangalore last year.AFP Technology giant reports its first loss in six years China’s technology giant Lenovo Group reported its first loss in six years which it blamed on the cost of previous acquisitions and restructuring, as well as the declining…
DetailsA company that owned a wine bar in Lancaster where a teenager drank a nitrogen cocktail and had to have her stomach removed has gone into liquidation. Oscars Wine Bar Limited was prosecuted by the Health and Safety Executive after Gaby Scanlon from Heysham drank a near lethal Nitro-jagermeister cocktail during her 18th birthday celebrations…
DetailsMay 26 Volgaburmash : * Says that Arbitration Court of Samara region has declared company insolvent and launched receivership for a six-month period Source text – bit.ly/1sABCYa Further company coverage: (Gdynia Newsroom) Read the full article at: http://www.reuters.com/article/idUSFWN18N08Z
DetailsBaubak Azar graduated from the Creighton University School of Medicine in 2011. He’s now a family physician in Woodbury. He loves his job, but each month there’s a stark reminder of the cost of his education. “Right now I’m paying about $3,600 a month for my loans,” he said. More: Education Azar said his payments…
DetailsBIS has launched a consultation on whether the UKs insolvency regime needs updating following a flurry of recent corporate failures and an increasing European focus on providing businesses with the tools to facilitate company rescue. The consultation explores four broad areas for reform. Core to this is introducing a moratorium for distressed businesses to benefit…
DetailsMinisters have been warned not to rush into far-reaching changes to pensions law in an attempt to save the Indian conglomerate Tatas UK steel-making assets. The government has confirmed it is looking at all options in relation to Tatas £15bn UK pensions liabilities seen as one of the major obstacles to a successful sale. The…
DetailsBIS says the move is in response to recent large corporate failures and developments in Europe to provide businesses with the tools to facilitate company rescue. Business secretary Sajid Javid said: An increasing international focus on company rescue has helped to shift the perceptions of what constitutes best practice; the UK needs to reflect this…
DetailsTK | 26 May 2016 Prague, May 25 (CTK) – Up to 150 billion crowns were siphoned off from the New World Resources (NWR) company, whose subsidiary is the Czech coal mining firm OKD that has been declared insolvent, during the time when it was owned by Czech billionaire Zdenek Bakala,…
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