AP couple dies by suicide unable to repay son’s online gambling debts Abdullapuram (Andhra Pradesh): A married couple died by suicide due to their inability to repay debts incurred by their 22-year-old son through online gambling, police said on Wednesday. U Maheshwar Reddy (45) and his wife ended their lives on Tuesday…
Corporate insolvency has been on a steady rise since the government’s COVID-19 support measures ended, and forecasts indicate that this trend will persist amid ongoing economic challenges.Business failures have hit the construction, accommodation and food service sectors the hardest. From July 2023 to June 2024, ASIC reported a significant increase in company insolvencies, jumping by…
‘Absolutely woeful’: Collapsed shed company director’s new career move Sunshine Coast Daily Read the original article here
The Coca-Cola Co. is set to sell €1bn ($1.09bn) in new debt and use part of the proceeds for potential payments to its ongoing tax litigation case with the US Internal Revenue Service (IRS). In an SEC filing yesterday (8 August), the Sprite and Fanta brands owner said it planned to issue two €500m bonds…
The troubled Australian electric vehicle fast charging company Tritium has collapsed after its directors declared it to be insolvent, voluntary administrators were appointed and its lenders called in receivers. The spectacular collapse of a Brisbane-based start-up that managed to grab a major share of the global EV fast charging market and was once valued at…
Troubles for Billson’s 102.1 & 93.3 Edge FM Wangaratta Read the original article here
Barrett Purvis, 54, was sentenced to 33 months in federal prison and must pay $499,000 in restitution to the U.S. Small Business Administration. TAMPA, Fla. — A Tampa man was sentenced to 33 months in federal prison for wire fraud and money laundering involving a $500,000 COVID-19 Small Business Loan, the Internal Revenue Service (IRS)…
Highlights Craig Bellamy was declared bankrupt after a long and successful Premier League career. The former winger urged players to be cautious and avoid similar pitfalls. In a remarkable story, Bellamy has gone on to land his dream job as manager of Wales. The life of a footballer may often seem to be the high-life,…
Corporate insolvency figures stabilise in June Insider.co.uk Read the original article here
Common debt relief options for payday loans include debt consolidation, debt settlement and debt management through a credit counseling agency. Debt Consolidation Loans A debt consolidation loan is a single loan that combines multiple loans into one payment. Generally, these are unsecured personal loans, with a fixed interest rate monthly payment. Personal loans for debt…