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Daily Archives: January 21, 2019

More financial education needed to help Brits stay debt-free – ChristianToday

Debt HelpBy Insolvency GuardianJanuary 21, 2019

(Unsplash/RawPixel) A Christian charity is calling for more financial education on Blue Monday as people across the UK struggle with rising levels of personal debt. After the Christmas splurge, millions will be coming face to face with the cost of the celebrations as the credit card bills come through the letter box on Blue Monday,…

Sportswear manufacturer SKINS applies for bankruptcy in Swiss Court – The Sydney Morning Herald

BankruptcyBy Insolvency GuardianJanuary 21, 2019

My management team and I have left no stone unturned in an effort to avoid this, Mr Fuller said in his statement. Loading I am enormously regretful and sad that it has got to this point. Even as late as yesterday [ January 16] it looked like there was an option for avoiding this action…

Hyflux says perpetual and preference shareholders will lose everything in liquidation – The Straits Times

LiquidationBy Insolvency GuardianJanuary 21, 2019

SINGAPORE – Water cleaning firm Hyflux faced its grey-haired creditors on Friday (Jan 18) for the second time since it filed for bankruptcy protection, in a bid to rally support to carry through what has proven to be a tough rescue deal. No definitive answers were given when investors asked repeatedly how much of their…

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