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Daily Archives: December 18, 2017

Lifeline encourages people to reach out for help over Christmas – Western Advocate

GamblingBy Insolvency GuardianDecember 18, 2017

PEOPLE are encouraged to reach out for help if they are struggling over the holiday period.  Christmas is often a time of celebration, but for some it can be one of the most stressful times of year. Lifeline Central West crisis support manager Stephanie Robinson said people can struggle emotionally, mentally and financially. “You find…

Italian hat maker Borsalino faces liquidation after court decision – euronews

LiquidationBy Insolvency GuardianDecember 18, 2017

By Giulia Segreti MILAN (Reuters) One of the worlds most famous hat makers, Borsalino, whose stylish fedoras and straw panamas are popular with movie stars and celebrities, faces liquidation after a rescue plan was rejected by an Italian court on Monday. A judge in the northern town of Alessandria, where the luxury hat maker was…

Australia’s escalating addiction to gambling – BBC News

GamblingBy Insolvency GuardianDecember 18, 2017

Image copyright AFP/Getty Images Image caption Slot machines, also known as poker machines or “pokies”, are common in Australian pubs They are the machines that anti-gambling campaigners in Australia say have the addictive “force of cocaine” that are fuelling an avalanche of debt, divorce and misery. Gambling losses in Australia are at a record high…

Prepare to pay your uni student loans back sooner – ABC Online

Debt HelpBy Insolvency GuardianDecember 18, 2017

People with outstanding university student debt can expect to pay their loans back sooner, as part of a shake up of the higher education sector that was revealed in todays Mid year Economic and Fiscal Outlook (MYEFO). (MYEFO is basically a mini-budget that outlines the governments spending priorities and gives us a snapshot of where…

Italian hat maker Borsalino faces liquidation after court decision – Reuters

LiquidationBy Insolvency GuardianDecember 18, 2017

MILAN (Reuters) – One of the worlds most famous hat makers, Borsalino, whose stylish fedoras and straw panamas are popular with movie stars and celebrities, faces liquidation after a rescue plan was rejected by an Italian court on Monday. A judge in the northern town of Alessandria, where the luxury hat maker was founded 160…

Bankrupt Cancer Clinic Chain’s Insurer to Cover Breach Fine – BankInfoSecurity.com

BankruptcyBy Insolvency GuardianDecember 18, 2017

Data Breach , Electronic Healthcare Records , Fraud 21st Century Oncology Faces More Than $29 Million in Penalties in Two Settlements Marianne Kolbasuk McGee (HealthInfoSec) December 18, 2017 … Read the full article at: https://www.bankinfosecurity.com/bankrupt-cancer-clinic-chains-insurer-to-cover-breach-fine-a-10536

Italian hat maker Borsalino faces liquidation after court decision – Reuters

LiquidationBy Insolvency GuardianDecember 18, 2017

MILAN, Dec 18 (Reuters) – One of the worlds most famous hat makers, Borsalino, whose stylish fedoras and straw panamas are popular with movie stars and celebrities, faces liquidation after a rescue plan was rejected by an Italian court on Monday. A judge in the northern town of Alessandria, where the luxury hat maker was…

Sears Canada demise named Canadian Press business story of 2017 – CBC.ca

LiquidationBy Insolvency GuardianDecember 18, 2017

A smattering of retail chains closed their doors in another tough year for the industry in 2017, but the demise of Sears Canada seemed to resonate most with Canadians, many of whom grew up devouring its annual holiday wish book and shopping at the department store. The high-profile closure and ensuing controversies helped make Sears…

Borsalino, Italy’s hatmaker to the stars, declared bankrupt – CTV News

BankruptcyBy Insolvency GuardianDecember 18, 2017

Famed Italian hatmaker Borsalino, the company behind Humphrey Bogart’s fedora in “Casablanca” and Harrison Ford’s lucky headgear in the “Indiana Jones” movies, was declared bankrupt on Monday, a trade union said. A court in Alessandria in northern Italy threw out a rescue plan for the legendary company and put it into administration, Elio Bricola from…

How soon will you have to start paying off your university HELP debt? – finder.com.au

Debt HelpBy Insolvency GuardianDecember 18, 2017

Arguments over the income level when repayments start have a while to run yet. The federal government’s 2017 Budget included a proposal to lower the income level at which university students have to start paying off their HELP debt to $42,000. That was a controversial idea, in part because $42,000 is only 20% above the…

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