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Daily Archives: October 30, 2020

China fully committed to debt relief plans of G20 – Hellenic Shipping News Worldwide

Debt HelpBy Insolvency GuardianOctober 30, 2020

China is implementing the debt relief plans promoted by the Group of 20 to help ease the debt burden of poor countries and achieve sustainable development during the novel coronavirus epidemic, a senior government official said. As many poor countries are facing difficulties related to sustainable debt issues, joint efforts and cooperation are needed between…

Commonwealth bank fined $150,000 after giving a gambling addict MORE money to spend on pokies – Daily Mail

GamblingBy Insolvency GuardianOctober 30, 2020

Australian bank fined $150,000 after giving a gambling addict MORE money to spend despite him pleading with them to help bring his problem under control Commonwealth Bank Australia has been fined $150,000 in Federal Court case Staff offered to increase the man’s credit card limit to $31,000, court heard The man told the bank he…

Debt consolidation vs debt management – WWBT NBC12 News

Debt HelpBy Insolvency GuardianOctober 30, 2020

RICHMOND, Va. (WWBT) – Today we take a look at the ins and outs of debt consolidation. Debt consolidation is taking out a loan to pay off all your creditors– so you only have one payment to do with. This might help your credit over time and just gives you one big payment instead of…

Experts More Young Malaysians Going Bankrupt Because Of Five-Series Loans – Rojak Daily

BankruptcyBy Insolvency GuardianOctober 30, 2020

For the past several years, data has consistently shown that more and more people are going bankrupt at a young age. Between 2015 and 2019, about 85,000 Malaysians below the age of 25 were declared bankrupt, a Sinar Harian article shows. According to Hijrah Wealth Management founder and consultantRohani Mohd Shahir, the main reason for…

EXPRESS PRINT & MAIL SOLD FOR $177000 TO OWNER’S MUM – Print21

LiquidationBy Insolvency GuardianOctober 30, 2020

By Wayne Robinson | 30 October 2020 128950489 Pty Ltd (formerly known as Express Print & Mail Pty Ltd) owner Matthew Chadwick sold the business, assets, and brand to a new company owned his mother Wendy Chadwick for $177,000 a month before putting the company that owned the business into liquidation. Express Print & Mail…

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