Personal bankruptcies on the rise, say new federal government figures – Newcastle Herald

NEWCASTLE and Wyong feature heavily in personal bankruptcy figures that show bankruptcies across the country are growing at a rate of almost six per cent a year, well above our population growth of under two per cent. June quarter figures released this week by the federal governments Australian Financial Security Authority show Wyong topping the…

Barry Ferguson: Ex-Rangers captain with £1m debt discharged from bankruptcy – The Times

Barry Ferguson, the former Rangers and Scotland football captain, has had his bankruptcy order over debts of more than £1 million discharged. Ferguson, 40, was declared insolvent last year. Records from the Accountant in Bankruptcy, Scotlands insolvency service, show that he was discharged from his bankruptcy on July 21 after co-operating with his trustee. The…

CQ builder investigation finds claims of insolvent trading – Rockhampton Morning Bulletin

INVESTIGATIONS are continuing into the collapse of CQ builder Metro Builders, including claims the business made unfair preference payments and traded while insolvent. Liquidator Jirsch Sutherland was appointed after Metro Builders closed on June 8 leaving debts of almost $5 million and 40 homes unfinished. Jirsch Sutherland partner Chris Baskerville said he hoped to reach…

Samuels Jewelers Continues Normal Operations During Financial Restructuring Process – Markets Insider

AUSTIN, Texas, Aug. 7, 2018 /PRNewswire/ — Samuels Jewelers, Inc. affirmed today that the Company’s approximately 122 stores and its e-commerce site are open for business and are continuing to offer customers great service and a curated assortment of merchandise in fine jewelry. Samuels Jewelers, Inc. is implementing a court-supervised process in the United States…