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Daily Archives: May 3, 2016

The Debt Panel: Emirati earning Dh50,000 is in trouble with Dh90k a month repayments – The National (blog)

Debt HelpBy Insolvency GuardianMay 3, 2016

I am a UAE national with a nice salary but recent circumstances have put me in trouble and I am in a lot of debt. My salary is nearly Dh50,000, but the Equated Monthly Installment (emi) on my loans is Dh90,000 plus. My total loan amount is very high at nearly Dh1 million. Im willing…

Former West Ham star who had £27million fortune declared bankrupt report – Football Insider

BankruptcyBy Insolvency GuardianMay 3, 2016

2nd May, 2016, 9:55 PM By Tom Tibble Former West Ham star Lucas Neill has been declared bankrupt in the UK despite earning an estimated £27million in his career, according to a report. The retired Australian defender spent half of that high-level playing-career in the Premier League, amassing 96 international caps, and represented West…

Foundering Hanjin Shipping seeks debt relief – MarketWatch

Debt HelpBy Insolvency GuardianMay 3, 2016

By In-Soo Nam SEOUL– Hanjin Shipping Co., South Korea’s largest container operator by capacity, reached out to owners of its chartered fleet and terminal operators to say it can’t survive unless they help with its debt-restructuring efforts. In a letter to foreign owners, Chief Executive Suk TaeSHY-soo said the debt-saddled operator faces serious challenges as…

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