Former CFPB head Richard Cordray will lead the Federal Student Aid office, which oversees student debt. Elizabeth Warren helped create the CFPB and was key in nominating Cordray when she couldnt helm the agency. Warren wants to cancel $50,000 in student debt per person and Cordray has shared her agenda for much of his political…
The sale of the business sees around 528 staff and 22 partners transferring to Interpath Advisory and will enable KPMG to accelerate its programme of investment in its core audit, tax, deals and consulting services for clients. The professional services firm announced in March that it had sold its UK restructuring business to investment firm…
Its been fun, though its not been easy, he said. Its been 25 years of building the business from effectively nothing. We started with the Yellow Pages at a boardroom table, as Direct Insurance Agency in 1996, bringing in the butcher, the baker and the candlestick maker, if we could place it Were proud of…
By Kevin PeacheyPersonal finance correspondent, BBC News image copyrightGetty Images A new “breathing space” scheme has begun in England and Wales to shield people in problem debt from further interest and charges. People receiving debt advice can apply for the break, which lasts for up to 60 days, to prevent them falling into a spiral…
Member Article Eleanor Temple, chair of insolvency and restructuring trade body R3 in Yorkshire and a barrister at Kings Chambers in Leeds , responds to the Q1 2021 England & Wales corporate and individual insolvency statistics, which were published this morning by the Insolvency Service. Corporate There were 2,384 seasonally adjusted corporate insolvencies in Q1…
Australian Treasurer Josh Frydenberg arrives to speak to the media during a press conference at Parliament House in Canberra. Source: AAP/Lukas Coch. Insolvency practitioners have welcomed a federal government commitment to consult on further reforms for the industry, but say more piecemeal changes to Australias insolvency regimes could create even more complexity for business owners.…