Various credit cards are displayed in a picture illustration. The economics task force of the Vatican COVID-19 Commission is drawing attention to the need to help families struggling with debt. (Credit: Maxim Zmeyev/Reuters via CNS.) ROME The Catholic Churchs advocacy for debt relief is focused primarily on enabling nations with high foreign debt to provide…
Co Founders of Relief Relief Team There is a total of $807 billion in credit card debt in America. The average American family has $6,270 in credit card debt, and families with the lowest quartile of net worth (median net worth $310) hold an average of $4,830 in credit card debt. As a result of…
The National Company Law Tribunal (NCLT), New Delhi Bench, on Friday, admitted an application for initiating a corporate insolvency resolution process (CIRP) against McLeod Russel India, the largest bulk tea producer in the country. In a stock exchange filing, the company said that an application had been filed by Techno Electric & Engineering Company against…
Former glamour model Katie Price could possibly face prison if she doesn’t turn up to her bankruptcy hearing in court, according to reports Video Loading Video Unavailable Click to playTap to play The video will auto-play soon8Cancel Play now Katie Price shares cute holiday video with Harvey Katie Price will reportedly face going to prison…
Casino traffic is surging after the end of COVID-19 lockdowns, but Monarch Casino & Resort (NASDAQ:MCRI) remains overshadowed in the news by giants such as Caesars Entertainment (NASDAQ:CZR). Nevertheless, this plucky family owned casino company with a $1.15 billion market cap shows a healthy growth trajectory in its latest results. But with news about the…
Collection actions on defaulted loans were halted. So was negative credit reporting for eligible federal student loans, meaning the Education Department reported suspended payments to the major credit bureaus as if they were made on time. But the pandemic-related relief is scheduled to end on Sept. 30. Even if the forbearance is extended, heres what…
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GFG Alliance now have 85 initiatives in place which are positively impacting the bottom line at the Whyalla Steelworks, according to an update issued by Chief Restructuring Officer (CRO) Jim Stein. It comes as the company’s Restructuring and Transformation Committee (RTC) continues to work towards restructuring the business in the wake of Greensill’s collapse. Chairman…