ASIC data shows liquidations, company collapses surging, most businesses can’t pay back debts

Shocking new statistics show that creditors owed money from a company collapse have no choice but to write off their losses completely in the overwhelming majority of cases. The Australian Securities and Investments Commission (ASIC) published its annual corporate insolvency statistics earlier this week, revealing that small and medium sized business have “dominated” the external…

Dominion Consulting Services Introduces Innovative Financial Solutions to Simplify Debt Management and Personal Finance

Financial planning for everyday people has always been the goal” — Kendrick Collie II, CEO of Dominion Consulting Services LLC ORLANDO, FL, UNITED STATES, August 15, 2024 /EINPresswire.com/ — Dominion Consulting Services, a leading financial consulting firm, announces a comprehensive suite of financial tools designed to empower individuals to navigate debt and achieve long-term financial…

Ferry Company Holland Norway Lines Declared Bankrupt

Holland Norway Line’s only ship MS Romantika will remain in Emden following the ferry company’s … [+] bankruptcy. dpa/picture alliance via Getty Images Tens of thousands of travelers must make alternative travel plans following the bankruptcy of car and passenger ferry company Holland Norway Lines. Originally serving the route between Eemshaven in the Netherlands and…

Former adviser Kerry Nelson declared bankrupt

Former Nexus Independent founder Kerry Nelson has been declared bankrupt, official records show. The Gazette has been updated to show a bankruptcy order for Kerry Kathleen Nelson, as at November 2023, ‘occupation unknown’, of Stroud Green Lane, Fareham. The filing was made in the county court at Portsmouth. A spokesperson for the Official Receiver’s office…