SAN ANTONIO Texans are struggling with credit card debt and personal loans now more than ever, due to the pandemic. If you are struggling to pay high-interest credit card debt and personal loans, you are certainly not alone. If youve considered debt consolidation or debt relief, Debt Redemption Texas Debt Relief explains why using a…
One of the oldest Italian jeans brands, Rifle, might stop existing as The Tribunal of Florence has declared it officially bankrupt, according to Italian press reports. The company based in Barberino di Mugello, near Florence, has been facing difficulties in the last years. In 2017 Sandro Fratini, son of Giulio, co-founder of the brand with…
The impact of COVID-19 lockdown restrictions on Australia’s tourism sector has hit Queensland the hardest, with the state recording nine of the top 10 for mortgage deferral hotspots. An analysis by global information solutions company Equifax revealed that when COVID-19’s first wave hit Australian shores, residents living in regions with tourism-dependant economies struggled to maintain…
GamCare has called on its wider stakeholders and treatment support to enhance the awareness of gambling-related financial harm as COVID-19 restrictions are enforced across the UK. Following the launch of its new financial toolkit for gambling businesses and debt advice agencies across the UK which offers further support for customers experiencing gambling-related harms, GamCare intends…
Related Articles GamCare has urged its treatment support and wider stakeholders to raise further awareness of gambling-related financial harm (GRFH) as the UK enters its autumn months as COVID-19 restrictions are enforced across the country. Year-on-year, GamCare reports that around 70% of callers to its National Gambling Helplinewill reference a level of gambling debt or…
Star City Casino on the Gold Coast has become embroiled in a controversy over a casino debt. The Gold Coast casino is chasing a Singaporean gambling VIP over a $30million USD debt racked up over a seven-day splurge at their property. The debt is believed to be one of the largest ever gambling debts to…
KUALA LUMPUR: AirAsia X Bhd (AAX) has announced a group-wide debt and corporate restructuring scheme, as the cash-starved budget airline seeks to avoid liquidation and restart some flight operations early next year. “To avoid a liquidation and to allow the airline to fly again, the only option is for AAX to undertake a group-wide debt…
ANKARA The International Monetary Fund (IMF) approved late on Monday a second six-month tranche of debt service relief for 28 low-income member countries under the Catastrophe Containment and Relief Trust (CCRT). This approval follows the first six-month tranche from April to October and enables the disbursement of grants from the CCRT for payment of eligible…
Urgent bill It removes the gateway condition that mortgage arrears must predate 1 January 2015. The minister said yesterday: This short but urgent bill tackles a number of issues in existing legislation. In the context of the current pandemic, these problems risk denying homeowners in difficulty the protection afforded by the personal insolvency acts if…
The board stated that it still backs members’ voluntary liquidation of Gabelli Value Plus+ The board of Gabelli Value Plus+ Trust said it received a letter on 2 October from the general counsel to majority shareholder Associated Capital Group (ACG) “indicating that (unspecified) litigation concerning the company [Gabelli Value Plus+] may be a distinct possibility”.…