May 4, 2016 - Insolvency Guardian

Petbarn acquires assets of animal supplies business that collapsed into voluntary administration – SmartCompany.com.au

LiquidationBy Insolvency Guardian May 4, 2016

Pet supplies retailer Petbarn has scooped up the assets of a string of companies that collapsed into voluntary administration last month. Animal Supplies Group, which operated businesses such as Animal Supplies Wholesale and Pet Brands Connect, called in administrators on April 14. Vaughan Strawbridge and David Lombe from Deloitte were appointed voluntary administrators. Animal Supplies…

Real PDL Help Provides Programs to Help Clients Take Back Control From Payday Lenders – PR Newswire (press release)

Debt HelpBy Insolvency Guardian May 4, 2016

Real PDL Help offers a viable solution to help clients regain financial control and get out of debt. While payday loan consolidation companies come in all shapes and sizes and help consolidate payday loan debts, Real PDL Help does so much more. Their team of Payday Loan Debt Relief Specialists work one-on-one with clients who…

Peanut Butter Teams up With Congressman Robert Dold to Introduce Student Loan Debt Legislation – Chicago Inno

Debt HelpBy Insolvency Guardian May 4, 2016

Peanut Butter, a Chicago startup that helps employers offer student loan repayment benefits to their employees, is aiming to impact the student debt crisis beyond the tech world. This week the startup joined US Congressman Robert Dold (R-IL) in introducing the HELP for Students and Parents Act, which offers tax breaks to companies that help…

City of Wanneroo residents feel weight of debt – Community Newspaper Group

BankruptcyBy Insolvency Guardian May 4, 2016

THE City of Wanneroo has more residents struggling to pay debt this year than anywhere else in Australia, insolvency figures from the Australian Financial Security Authority reveal. Statistics for the March quarter showed 25 City of Wanneroo residents were declared insolvent for business reasons and 82 residents for non-business reasons, leaving a total of 107…

Zhong Chuan Heavy Industry declared bankrupt – Splash 247

BankruptcyBy Insolvency Guardian May 4, 2016

May 4th, 2016 Jason Jiang Greater China, Shipyards 0 comments Zhoushan Intermediate Peoples Court has declared Zhong Chuan Heavy Industry Shipbuilding bankrupt, along with two affiliate companies Zhong Chuan Heavy Industry Equipment and Zhoushan Xuhua Metal Materials, due to their inability to repay debts. The receiver is now looking for new investors to restructure the…

House Dems file teacher debt relief bill – WRAL.com

Debt HelpBy Insolvency Guardian May 4, 2016

More on this By Laura Leslie Raleigh, N.C. Several House Democrats say the state lottery windfall from the Powerball frenzy earlier this year should be used to help keep teachers in North Carolina classrooms. The record-high Powerball jackpot in January boosted ticket sales $39 million over projections. By statute, that money has to be spent…

Monk faces murder charge after gambling debt row – Bangkok Post

GamblingBy Insolvency Guardian May 4, 2016

A Buddhist monk in Ayutthaya has been accused of hacking a man to death with a sickle following an argument over a football gambling debt on Wednesday night. The incident occurred at Sai Noi temple in Bang Ban district shortly before 8pm when Chatchai Plertplai, 40, arrived on a motorcycle and reprimanded Phra Prayoon, 48,…

Former N.Y. CO-OP enrollee: Please come to liquidation hearing – LifeHealthPro

LiquidationBy Insolvency Guardian May 4, 2016

David Young said he feels as if regulators have tried to handle the HRINY matter in secret. A former Health Republic Insurance of New York (HRINY) enrollee is hoping many consumers, health care providers and insurance agents affected by the carrier’s collapse will show up next week, in person, for a hearing on a liquidation…

Former Everton defender Neill declared bankrupt – Toffeeweb

BankruptcyBy Insolvency Guardian May 4, 2016

Seasons » 2015-16 » Everton News

Bankrupt entities may soon be barred from contesting elections – Hindu Business Line

BankruptcyBy Insolvency Guardian May 4, 2016

New Delhi, May 4: A bankrupt person would stand automatically disqualified from becoming a law-maker once the new legislation that looks to slash the time it takes to wind up a dying company or recover dues from a defaulter is enacted. According to a clause in the Insolvency and Bankruptcy Code, 2015, the bankrupt would…

Daily Archives: May 4, 2016