Relief Act Cosponsored by Sen. Menendez Would Help Prevent Medical Debt From Negatively Affecting Consumers … – The SandPaper

Liquidation

U.S. Sen. Bob Menendez is cosponsoring legislation that would help protect individuals and families from financial devastation due to medical debt. According to the Consumer Financial Protection Bureau, 43 million Americans credit reports are negatively impacted by debt from medical expenses. Nearly 15 million consumers have medical debt with no other collection items on their…

The Morning Ledger: A Choppy Quarter Ends as CFOs Brace for More Turbulence – Wall Street Journal (blog)

Debt Help

The Morning Ledger: A Choppy Quarter Ends as CFOs Brace for More Turbulence – The CFO Report – WSJ previousPBGC Raises Possibility of Program Insolvency Content from our sponsor Deloitte Amid a seemingly endless stream of cyberthreats, addressing those most likely to affect organizations can make cyber risk management less daunting and more efficient. However……

Romania media mogul, employees indicted for tax evasion – Yahoo News

Bankruptcy

BUCHAREST, Romania (AP) Prosecutors have indicted a pioneer in Romania’s post-communist media market and ten others with tax evasion, instigation to tax evasion and money laundering. The prosecutor’s office said Friday that Adrian Sarbu, founder of the Mediafax Group in 1991, Mediafax itself, former managers, finance directors and a lawyer have been sent to trial…

Tata Steel’s plan to restructure UK biz credit positive: Moody’s – Business Standard

Restructuring

Country’s largest steel maker Tata Steel’s plan to restructure its UK businesses is credit positive as it will reduce some of the negative pressure on its operating performance, Moody’s Investors Service said in its report today. However, pending finalisation of the restructuring plan and the uncertainty around the extent of improvement in the…