Millions of dollars of medical debt could be erased within the next several months for some residents in LA County thanks to a new program. The county’s medical debt relief pilot program launched late Monday afternoon and began the first step in a battle against $2.9 billion of medical debt plaguing low-income Angelenos across the…
COLOMBO (News 1st); A joint mission from the International Monetary Fund and the World Bank has proposed important reforms to improve Sri Lanka’s public debt management. The mission, which visited Colombo in early 2023, identified several gaps in the country’s current system. The recommendations include: The mission recommended introducing a new public debt management law,…
Company failures rise with more businesses in ‘perilous’ position MSN Read the original article here
Detroit’s public school district is standing at a critical crossroads, grappling with decades of financial mismanagement and an uncertain path forward. The Detroit Public Schools Community District (DPSCD) is considering legal action against the state of Michigan to ensure the revenue from its 18-mill operating millage can be used to pay off all of its…
Isle of Man-based gaming company placed into liquidation Isle of Man Today Read the original article here
New funding has been awarded to advise people in Argyll and Bute struggling with Council Tax debt. The Scottish Government has awarded £400,000 to Citizens Advice Scotland to build on pilot schemes last year. And Argyll & Bute is one of six new areas to be included, together with West Lothian, East Lothian, Dumfries &…
Company failures rise with more businesses in ‘perilous’ position MSN Read the original article here
“It’s Still Not Too Late for Biden to Deliver Debt Relief” Democracy Now! Read the original article here
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails The number of UK companies going bust increased last month, official data shows, as experts warned that more businesses face…
Calling for significant improvements with respect to the area of CoCs, Rao said even when the resolution plan is agreed upon, there have been instances of non-participation in the CoC meetings and a lack of effective engagement, coordination or information exchange among the members. According to him, nominees of financial creditors in CoC are entrusted…