WE’VE all heard of the benefits of refinancing to get a better deal on your home loan, particularly a more competitive interest rate. But what if refinancing could also help you buy an investment property? “Borrowers may be able to refinance their existing home loan to access equity they may have built in their property,…
Investors in the $1.6bn Abraaj Group fund have hired advisory firm Alvarez & Marsal to help recover money owed by the troubled Middle Eastern private equity firm. The New York-based company will represent Abraaj Private Equity Fund IVs backers in talks with liquidators as they seek to recover more than $99 million owed by the…
When you count up how much money you have saved for retirement, do you factor your debt into the calculation? Coming to terms with debt has become a major part of retirement planning. A study released earlier this year by the Employee Benefit Research Institute (EBRI) found that debt levels among older Americans have grown…
Galway Bay fm newsroom Almost 50 people in Galway have reached arrangements on debts or have been made bankrupt since the beginning of the year.Thats according to a new report from the Insolvency Service of Ireland.13 people in Galway have been declared bankrupt since January, with 30 others having reached Personal…
The deteriorating residential property market will pressure developers as funding costs rise and prices fall, creating extra risks for investors. The residential market slowdown that pulled prices down 1.6 per cent in July, their steepest annual fall in six years, marks a turning in a housing construction cycle that has boomed for six years and attracted many new players. …
China’s services sector expanded at the weakest pace in four months in July, as there was the least growth in new business since December 2015, a private survey showed on Friday. Forward-looking sentiment meanwhile was the second-weakest on record, with respondents blaming concerns surrounding company restructuring and the impact of the U.S.-China trade war. For…
This is to inform that in response to the second Expression of Interest (EOI) published on 19th July, 2018, as per the decision of the Committee of Creditors (CoC) in their meeting held on 13th July, 2018, one more entity namely, M/s. GHV (India) Pvt. Ltd., Mumbai, has submitted its EOI as on the last…
Smile fellow Finance Magnates readers, for its a great day in the retail trading industry. Why? Because the British governments Insolvency Service has shut down Global Fin Services Ltd (GFS). As informed as most of you Finance Magnates readers are, I appreciate that this name will likely be unfamiliar to most of you. Many visitors to…
Dubbo has the equal second highest number of personal bankruptcies in NSW and the equal eighth highest in Australia. The Personal Bankruptcy Analysis by data analyst company Illion shows the number of bankruptcies in Dubbo are the second highest in the state, equal ranked with Orange. It found 77 people in Orange were declared bankrupt in the…
Shares 610 A former girl group member has been sued for allegedly not repaying her gambling debts. See Also: Cube Entertainment Responds To Dating Reports Of HyunA And PENTAGON’s E’Dawn On August 2, Kyunghyang Newspaper reported that a celebrity who debuted as a member of a famous girl group had been sued by two acquaintances.…