Big Cheese Photo / Getty Images If you’re lost in a mire of debt, a credit counselor can help. There are many routes to debt problems. You may have lost your job and been swamped with bills, or you may be stuck with credit card balances that aren’t going down. Perhaps you want to tackle…
Though significant steps have been taken to preventdebt crises across the world sparked by the COVID-19 crisis,they have not been sufficientto restore economic stabilityinmany developing countries, according to a policy brief issued by the UN Secretary-General on Monday. More than a year into the pandemic, the fiscal impacts of the crisis are triggering debt distress…
This was the title of the recent timely ICAEW webinar that can be accessed through the link below. Timely, because as one of the presenters, Martine Catton, Chief Commercial Officer at Just Cashflow explains, “A tsunami of insolvencies is expected when the Governments well intended life support system for small businesses is wound down and…
CreditorWatch, in conjunction with McGrathNicol, launched a new white paper exploring insolvency trends, options for businesses working through debts and potential sources of funding post-31 March. The credit reporting agency said that according to figures published by the Australian Securities and Investments Commission, each year, roughly 8,000 businesses are placed into external administration. But it…
Casino app on a Smartphone It was the offer from the gambling company which he is convinced started his addiction. If he deposited up to 300, they’d match it. James – not his real name – says: “That was basically the initial hook that got me into slot machines. “Gambling on the internet and particularly…
The impact of climate change on the environment is now widely recognised, but there may also be an impact on businesses facing financial difficulties either as a result of climate change itself or due to the impact of transitioning to a cleaner world. A total of 196 countries are seeking to implement the aims of…
A lifeline for struggling businesses in the United Kingdom the most significant insolvency reforms for a generationCorporate Insolvency and Governance Act 2020The Corporate Insolvency and Governance Act 2020 (the Act) entered into force on 26 June 2020. The Act represents the most significant reforms to the insolvency framework in the United Kingdom since, at least,…
Link copied toclipboard Beauty clinic operator Wellness & Beauty Solutions (ASX:WNB) has fallen into voluntary administration. The move comes nearly 2 months since it failed to lodge its quarterly report and has been suspended ever since. Shareholders were informed the administrator, Laurence Fitzgerald of William Buck, had formally assumed control of the groups assets and…