The National Company Law Tribunal (NCLT) was recently announced as the adjudicating authority for insolvency proceedings relating to companies, limited liability partnerships and other body corporates under the Insolvency and Bankruptcy Code 2016,(1) with effect from June 1 2016.(2) The National Company Law Appellate Tribunal (NCLAT), which will hear appeals from NCLT decisions, has…
Women were more likely than men to see their finances deteriorate so badly that they became insolvent last year, official figures show. Continuing a trend that started in 2014, the personal insolvency rate for women across England and Wales was higher in 2015 than it was for men, according to the Insolvency Service. The personal…
C&J Energy Services Ltd. plans to file Chapter 11 now that it’s reached a restructuring more Mikhail Kokhanchikov C&J E… Read the full article at: http://www.bizjournals.com/houston/news/2016/07/12/houston-energy-company-reaches-restructuring.html
The countrys combined student loan debt load is more than $1.35 trillion. A 2016 college graduate is projected to have $37,000 in student loan debt, according to the Huffington Post. Student loan debt is increasing because governm… Read the full article at: http://www.fontanaheraldnews.com/business/student-loan-debt-is-increasing-here-are-tips-to-help/article_d40f6f9e-49dc-11e6-9373-834d793f86d7.html
Implicit in those “opportunities” are other elements of Clinton’s college plan, which include the ability for borrowers to refinance their student loans at current rates and interest-free loan deferrals for aspiring entrepreneurs. Borrowers who are behind on debt would also get help during the hiatus to rehabilitate their loans. Experts say the three-month loan-payment moratorium…
By Press Association Published: 00:57 EST, 15 July 2016 | Updated: 00:57 EST, 15 July 2016 Women were more likely than men to see their finances deteriorate so badly that they became insolvent last year, official figures show. Continuing a trend that started in 2014, the personal insolvency rate for women across England and Wales…
Examples cited by the FCA include a customer whose loan was approved despite a bank statement and pay slip showing that in the previous month the equivalent of 97pc of the customers income was spent on online gambling while payments were also made to WPPL and three other payday lenders, as well as a debt…
The personal insolvency rate per 10,000 adults was 18.2 for women in 2015, while for men the rate was 16.9 Women were more likely than men to see their finances deteriorate so badly that they became insolvent last year, official figures show. Continuing a trend that started in 2014, the personal insolvency rate for women…
According to the office of Massachusetts Attorney General Maura Healey, its Student Loan Assistance Unit a team of insurance and financial services attorneys assembled in 2015 has so far helped hundreds of borrowers to date climb out of default, eliminate wage and tax return garnishments, consolidate loans, and submit forms to extend payment terms. Among…
Las Vegas wants to attract more tourists, yet it also wishes to be known as more than a flamboyant gambling town. So it is considering a breathtaking $750m bet on a football stadium. Mark Davis, owner of the NFLs Oakland Raiders, has promised to relocate his team to southern Nevada if the state covers more…