The court has declared the Zeeland transhipment company Bulk Terminal Zeeland (BTZ) bankrupt. The company, which operated a transhipment terminal in Quarleshaven in Vlissingen-Oost, recently had to shut down due to suspicions of involvement in drug trafficking. Last week, it became evident that bankruptcy was imminent. The company was granted a moratorium on payments, a…
Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire. The name of the founder of Hin Leong Trading Pte. and his children Lim Huey Ching and Lim Chee Meng were listed as having been issued a bankruptcy order on Dec. 19, the government gazetteshowed. The…
Dem-run city may go bankrupt thanks to public sector pension scheme MSN Read the original article here
Council wanting £52-a-year amenity charge writes off £922k taxpayers’ cash Stoke-on-Trent Live Read the original article here
Escondido, CA, January 05, 2025 –(PR.com)– Debt Management Plans seem like a practical way to pay off your credit card debt. After all, who doesn’t want lower interest rates? Wouldn’t we all love to have lower payments as well? But what are the success rates of clients completing the plan? DebtWave Credit Counseling analyzed data on…
Jakarta – Indonesian textile giant Sri Rejeki Isman is contesting a court decision that declared it bankrupt as the company owner pledges to keep its factory open and see through the revival of the business. Sritex, as the company is more commonly known, filed an appeal on Oct 25, requesting a review of the local…
Battery start-up Northvolt files for bankruptcy protection in US Financial Times Read the original article here
What you can’t do after declaring bankruptcy Money magazine Read the original article here
Francis calls for debt forgiveness and peace at first Angelus of 2025 The Tablet Read the original article here
In a move that has left millions of Americans perplexed, the Biden administration quietly canceled two major student loan forgiveness plans. These proposals were supposed to be lifelines for borrowers drowning in debt after years – or even decades – of repayment struggles. But now, the plans have been shelved, leaving many borrowers wondering what’s…