Former Munster and Ireland rugby star Frankie Sheahan has been declared bankrupt in the High Court, owing over 3.5m. The 40-year-old former hooker, who was forced to retire from the game at the age of 32 because of injury, had declared an interest in eight buy-to-let properties in Cork that he had bought between 2005…
The average income tax refund $2,860 for tax year 2015, according to the Internal Revenue Service could be a big help in staying on top of those bills. “Paying down debt should be your No. 1 priority,” said Odysseas Papadimitriou, chief executive of comparison site WalletHub.com. More from Your Money Your Future:NBA’s Draymond Green: I…
Iron Gates hydropower plant. Author: Espino Family. Licence: Creative Commons, Attribution. BUCHAREST (Romania), April 3 (SeeNews) Romanian hydropower producer Hidroelectrica has exited insolvency, paving the way for a long awaited listing on the Bucharest bourse, seen as the biggest in Romania’s history, its judicial administrator Euro Insol said on Monday. The Bucharest Court ruled on…
Phil Mickelson is playing in the Shell Houston Open this week, but his name is also being mentioned during the trial of a longtime friend. During the trial of Las Vegas businessman and renowed sports better William “Billy” Walters, who is facing multiple insider-trading charges, federal prosecutors revealed Thursday that Mickelson once paid a gambling…
Shares in the UK chip designer Imagination Technologies have slumped nearly 70% after it said Apple, its largest customer, would stop using its graphics technology in the iPhone and other new products. This is a major blow to the British company, which designs the graphics processors used in smartphones and other electronic devices and relies…
National Debt Relief recently shared in an article published March 17, 2017 some of the reasons why debt is not always a bad thing. The article titled “3 Situations Where Debt Isn’t All Bad” takes a look at some of the situations wherein debt becomes a valuable tool in helping people achieve their financial goals.…
DEBT HELP Around 3.3million people in the UK are in persistent credit card debt CREDIT card companies will have to do more to help customers in persistent debt, under new rules proposed by the financial watchdog. Around 3.3million Brits are in persistent credit card debt paying more in interest and charges than they have repaid…
Five years after the opening Hidroelectricas insolvency procedures, on 30 Marc 2017 the Bucharest Court of Appeal gave the decision no 125 in the case 22456/3/2012, closing definitively the insolvency proceedings of the most important energy producer in Romania. At the opening of procedures, Hidroelectrica had overall losses of over EUR 170 in the 2011-2012…
Karen Millen, founder of the eponymous womenswear chain, has been declared bankrupt by the High Court. It is understood the bankruptcy relates to unpaid taxes. It comes after Millen lost a legal dispute last year over the use of the Karen Millen name. She wanted to use her name on homeware products in China and…
Credit card firms told to do more to help millions in debt 3 April 2017 From the section Business Image copyright Thinkstock Credit cards firms must do more to help millions of customers in persistent debt, the financial regulator has said. The Financial Conduct Authority (FCA) has published proposals that could mean credit card companies…