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Daily Archives: June 26, 2021

Jet Airways to be run by 7-member monitoring panel under resolution plan – Mint

LiquidationBy Insolvency GuardianJune 26, 2021

A seven-member monitoring committee will soon begin to manage the day-to-day affairs of Jet Airways till the resolution process for the airline is completed, the airline said in a regulatory filing. The development follows bankruptcy court’s approval for the resolution bid jointly submitted by Murari Lal Jalan and Kalrock Capital for Jet Airways, the airline…

FOI230 – Average debt levels by vintage only – GOV.UK

BankruptcyBy Insolvency GuardianJune 26, 2021

Your ref: FOI20/21-230 Date: 22 April 2021 Dear Re: Freedom of Information Act (FOIA) Request Thank you for your email of 26 March in which you requested from the Insolvency Service: I have been looking into average debt levels for personal bankruptcies and found some research published by yourselves Median Estimated Debt by Age Band…

Wedding and events venue goes into liquidation – Newark Advertiser

LiquidationBy Insolvency GuardianJune 26, 2021

Kelham Hall Ltd, the company that owns the historic hall and grounds, has gone into liquidation, it has been reported. It throws into disarray many weddings and events that were scheduled to be held there, including the Welcome to the Asylum steampunk event in August It is understood suppliers and those with events booked at…

How university fee debt can affect your ability to get a home loan – Sydney Morning Herald

Debt HelpBy Insolvency GuardianJune 26, 2021

Under HELP, repayments begin to be deducted from your salary at just 1 per cent this financial year once you earn $46,620. This ratchets up 10 per cent if your income hits $136,740. While you used to be able to escape repayments in periods where you were living overseas, worldwide income now counts, and the…

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