Wiping away student loans in bankruptcy is nearly impossible, so goes the conventional wisdom. But officials and lawyers in at least one state are trying to change that. The Massachusetts Bar Association recently launched the Student Loan Bankruptcy Assistance Project. It aims to get more attorneys, even those who dont specialize in bankruptcy or student……
SIXTY residents and business across the Mackay region went bankrupt between September and December 2017. The Australian Financial Security Authority (AFSA) yesterday released quarterly regional personal insolvency statistics and analysis for Queensland regions in the December quarter 2017. The data revealed 53 Mackay residents declared non-business related insolvencies down from 60 in the September quarter.…
In 2017, the number of Romanian companies with a major impact on the economy went into insolvency decreased by around 7 percent from the previous year. However, the value of privately owned major impact companies that were in insolvency was EUR 1.22 billion at the end of 2017, a 15 percent increase compared to the…
A NEW support service for vulnerable young people in West Oxfordshire is now under way with hopes it will grow in size as time goes on. Witney-based social enterprise Synolos has launched its new initiative for children in the district in an effort to pick up the pieces left by youth charity Base 33, which…
SIXTY residents and business across the Mackay region went bankrupt between September and December 2017. The Australian Financial Security Authority (AFSA) yesterday released quarterly regional personal insolvency statistics and analysis for Queensland regions in the December quarter 2017. The data revealed 53 Mackay residents declared non-business related insolvencies down from 60 in the September quarter.…
The Turnbull government is pushing ahead with plans to make university graduates repay their student debts sooner. The legislation to cut the HECS-HELP repayment threshold from $55,000 to $45,000, among other measures, was introduced to parliament on Wednesday. The move was flagged in December’s mid-year budget update, and is an easing of what the government…
Technology is the king in modern times. Things which were considered unimaginable are happening in split of seconds. Disruptive technologies are challenging the way we think, visualize and implement the things. Digital printing, blockchain technology, artificial intelligence, APIs are the things that will rule in the years to come and legal system cannot afford to…
TWO Sunshine Coast areas have experienced significant spikes in business bankruptcies, with one recording a 266 per cent increase. Maroochy and Sunshine Coast Hinterland businesses were hardest hit by financial strife during the December 2017 quarter, according to the Australian Financial Security Authority’s regional personal insolvency statistics. Financial insolvencies increased by eight to 14 in…
Can retail billionaire Solly Lew save Myer? Myers survival in its current form must overtake all other concerns and become the main focus for all who have a stake in the outcome. Whether its largest shareholder and second-largest supplier, Lew’s Premier Investments, wins the battle to control its board is of secondary importance. Retail king…