XLMedia announced a series of board changes on Monday, as it progressed toward a planned liquidation following the sale of substantially all of its assets. The AIM-traded company confirmed its focus on cost reduction and effective governance as it prepared to return capital to shareholders and conclude its operations. An initial return of capital was…
Key takeaways The Biden administration forgave over $175 billion in student loan debt for nearly five million borrowers. While Biden canceled more education debt than any other U.S. president, he did not fulfill his campaign promise for sweeping loan forgiveness. Student loan forgiveness is not guaranteed, and there are many assistance resources to help you…
VATICAN CITY (CNS) — A key part of a jubilee in the Bible was releasing prisoners, and Catholics today can join a global campaign to press for the release of thousands of people imprisoned in poverty because of their nations’ foreign debt, said an official of Caritas Internationalis. Victor Genina Cervantes, director of integral human…
Why You Should Trust Us Investopedia was founded in 1999 and has provided original recommendations for the best credit counseling services since April 2021. Investopedia’s research and editorial teams collected data directly from company websites and media representatives to rank and review services. Investopedia researched 40 debt relief companies, including 17 credit counseling services, to…
In March 2021, President Joe Biden signed the American Rescue Plan Act, which designated billions in federal funding to municipalities across the country to support the recovery from the COVID-19 pandemic. The City of Buffalo received $331 million – the biggest one-time investment from the federal government the city has ever seen. $11 million of…
More people with chronic debt problems are having their debts written off following a change to the rules – but both creditors and debt support organisations are critical of the new system. The guidelines for calculating repayments were changed on July 1 to include a baseline figure reflecting essential living costs. If a debtor’s income…
In March 2021, President Joe Biden signed the American Rescue Plan Act, which designated billions in federal funding to municipalities across the country to support the recovery from the COVID-19 pandemic. The City of Buffalo received $331 million – the biggest one-time investment from the federal government the city has ever seen. $11 million of…
Germany’s Borgward brand declared bankrupt in China Automotive News Read the original article here
Buyer found for bankrupt retailer Blokker, but uncertainty remains for 3,500 workers | NL Times Skip to main content Read the original article here
Lilium lays off almost all staff pending impending liquidation Aerospace Global News Read the original article here