Skip to content
Insolvency Guardian
Insolvency Services & Bankruptcy Advice
Insolvency GuardianInsolvency Guardian
  • Insolvency
  • Zero Contact Solutions
  • Resources
  • News
  • About Us
  • Contact
1300 60 70 60
  • Insolvency
  • Zero Contact Solutions
  • Resources
  • News
  • About Us
  • Contact

Daily Archives: April 28, 2017

Why it’s silly to debate ‘good’ versus ‘bad’ debt – The Sydney Morning Herald

Debt HelpBy Insolvency GuardianApril 28, 2017

The Treasurer, Scott Morrison, strayed into some rather silly territory this week in a speech seeking to lay down a new set of markers for the budget, divvying up government debt into “good” and “bad” debt. In a small way, it’s nice to have a concession at last – that government debt is not always…

Gambler in debt killed friend to steal his identity – The Times (subscription)

GamblingBy Insolvency GuardianApril 28, 2017

A former Lufthansa steward has been convicted of ruthlessly dismembering a wealthy businessman and burning his remains so that he could steal his identity, pay off £275,000 of gambling debts and flee to China. Ming Jiang lured his friend Yang Liu, 36, to his flat in Beswick, Manchester, and murdered him in October last year.…

Restructuring sees Sharp post its first operating profit in three years in 2016 – The Japan Times

RestructuringBy Insolvency GuardianApril 28, 2017

Sharp Corp. said Friday it posted its first operating profit in three years in the business year that ended March 31, helped by restructuring efforts under Taiwanese parent Hon Hai Precision Industry Co. The electronics maker logged a group operating profit of almost ¥62.5 billion, a turnaround from a ¥161.9 billion loss in fiscal 2015.…

RBS is back in the black but it still has some huge issues looming over it – Business Insider

RestructuringBy Insolvency GuardianApril 28, 2017

The Royal Bank of Scotlandsaid operating profit before tax hit £713 million in the first quarter this year but it is still being hit by a spate of litigation and restructuring costs.RBS, which is 73% state-owned, said in its Q1 results statement that restructuring costs were £577 million in the quarter, an increase of £339…

Independent Insurance victims finally receive payout – Financial Times

BankruptcyBy Insolvency GuardianApril 28, 2017

Victims of one of the UKs biggest corporate scandals of the 2000s have finally been awarded a payout 16 years after the company went bust. Independent Insurance Company, which at one point was worth almost £1bn, was declared insolvent in 2001, leaving thousands of customers out of pocket. At the time it was one of…

State Democrats eye bond to provide $250 million for student debt relief – Lewiston Sun Journal

BankruptcyBy Insolvency GuardianApril 28, 2017

AUGUSTA Hoping to lend a hand to cash-strapped young adults, Democrats are pushing for a student loan forgiveness program that would help lure recent college graduates to Maine. Sen. Nate Libby, D-Lewiston, said the pretty bold initiative would offer to pay off half a graduates student loan debt and refinance the rest at low interest.…

Trump Rejects Push to Help Solve Puerto Rico Debt Crisis – World Politics Review

BankruptcyBy Insolvency GuardianApril 28, 2017

SAN JUAN, Puerto Rico (AP) U.S. President Donald Trump said on Thursday that he is opposed to a push to help Puerto Rico resolve its $70 billion debt load as the U.S. territory faces looming austerity measures amid a deep economic crisis. Trump issued a Twitter blast aimed at efforts to help the island cover…

The Turnbull government’s new “good debt” could put it in charge of … – Business Insider Australia

BankruptcyBy Insolvency GuardianApril 28, 2017

The Turnbull government will help fund inland rail and is almost certain to build, own and operate the $6 billion second Sydney airport, after Treasurer Scott Morrison paved the way for an infrastructure splurge by changing the way debt will be classified in the budget. Prime Minister Malcolm Turnbull all but confirmed that so-called good…

How to turn your Bad Debt into Good Debt, because we’re all screwed anyway – SBS (satire)

BankruptcyBy Insolvency GuardianApril 28, 2017

I dont know much about money, except for the fact that I like it, I have a little bit of it, and would like to have more of it. Ahead of the May budget, I consulted the world wide web to find out what this whole good debt, bad debt business is that Scott Morrisons…

Mixed picture for corporate and personal insolvencies – The Scotsman

BankruptcyBy Insolvency GuardianApril 28, 2017

The number of corporate insolvencies in Scotland has fallen in the latest financial year, but total personal ­cases experienced double-­digit growth. Data from Accountant in Bankruptcy, an executive agency of the Scottish Government, revealed a 7 per cent year-on-year drop in c­orporate insolvencies in 2016-17 to reach 840. READ MORE: Scots pubs and eateries at…

12
Insolvency Guardian
© Insolvency Advisory Accountants Pty Ltd trading as Insolvency Guardian Australia.

Disclaimer

Go to Top
Call Now Button