MORE companies went into insolvency in the first three months of 2016 at 3,694 than they did in the final quarter of 2015 but still some 3.6% below the same period in 2015, the latest figures from the Insolvency Service reveal. The 5.4% rise marked the first uptick since Q1 2014, primarily caused by a big…
DetailsNow watching Next video starts in : 7 Play Puerto Rico’s Looming Debt Deadline: Will Congress Help? Replay video … Read the full article at: http://finance.yahoo.com/video/puerto-ricos-looming-debt-deadline-190606827.html
DetailsThe Association is of the belief that an effective law on corporate insolvency would enable companies to fall on options to recuperate rather than closing the company, as is the common prescription under the countrys current laws. Jacob Saah, the Executive Secretary of GARIA Mr. Jacob Saah, the Executive Secretary of GARIA made the call…
DetailsHuman Services Minister Alan Tudge in Sydney. Photo: Kirk Gilmour Alan Tudge clearly remembers the moment he came face-to-face with problem gambling in Australia. Five years ago a member of his Aston electorate in Melbourne’s outer east was bankrupted after racking up an $80,000 debt betting online credit with Sportsbet, owned by Irish gambling giant…
DetailsThe amount UK consumers owe on loans and credit cards grew by £1.9bn in March, the highest figure in 11 years driven by a sharp rise in spending on plastic. Bank of England figures show outstanding borrowing on credit cards increased by £635m over the month, compared with an average increase of £400m over the…
DetailsThe number of people going into a type of personal insolvency known as “bankruptcy light” increased during the first three months of 2016, official figures show. The Insolvency Service said 6,722 debt relief orders (DROs) were taken out between January and March across England and Wales – marking a 3.4% increase compared with the previous…
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DetailsPuerto Rico is facing its biggest debt deadline yet on May 1, but Congress, which experts say is the territory’s only hope, likely won’t be doing anything about it. Congress holds keys to solving the situation,” economist Aleksandar Tomic told ABC News about the territory’s $73 billion debt crisis. On May 1, a $422 million…
Detailsby: Tom Dees Updated: Apr 28, 2016 – 6:20 PM A group of highly-regarded psychologists and economists who study gambling addiction across the U.S. say Mississippi is among the most addicted states in the country. The Magnolia State was ranked the third most addicted. FOX13 examined the report, and there appears to be a direct…
DetailsPhoto Courtesy: MGNonline AmyPhillips, Producer 22News Investigative Team Published: April 28, 2016, 5:59 pm Updated: April 28, 2016, 7:12 pm Click to share on Twitter (Opens in new window) Click to share on Google+ (Opens in new window) Share on Facebook (Opens in new window) Click to share on Pinterest (Opens in new window) Related…
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