Keke Palmer is recalling a time of real financial stress. During an appearance at the Building Wealth Today for Tomorrow financial literacy event in Chicago on Oct. 12, Palmer, 31, revealed that she declared bankruptcy at 18, per Afrotech. “I was so spooked,” she said. “I was like, ‘What went wrong?’ ” Palmer, who began…
SINGAPORE (The Straits Times/ANN): Former oil tycoon and Hin Leong’s founder, Lim Oon Kuin, and his two children were declared bankrupt on Dec 19, the electronic government gazette published on Dec 27 showed. Better known in the oil trading industry as O.K. Lim, the 82-year-old, his daughter Lim Huey Ching, 57, and son Lim Chee…
2024 was shaping up to be a bad year for ramen shops. And it turned out to be pretty awful in the end, as Japan saw a record number of bankruptcies. The final numbers are in: 72 ramen shops shuttered for good in 2023 due to bankruptcy. “Bankruptcy” is here defined as having over 10…
(InvestigateTV) — Bankrate found the average credit card interest rate today is 20.27%, making it very expensive to carry credit card debt. Sara Rathner with NerdWallet said those carrying a lot of credit card debt may want to consider debt consolidation. She said those with good credit could qualify for a balance transfer card. This…
Patricia makes sure her cats are properly fed, but rarely spends much money on herself. “I’m scrimping as much as I can, and I’ve sold a few household items to try to meet my mortgage repayments,” the 68-year-old says. “I don’t go shopping for clothes, and I don’t go shopping for shoes, and I don’t…
A director who “repeatedly subverted the insolvency system’’ by helping owners of struggling businesses to drop debts has been banned from running companies for nine years. Neville Taylor, 57, is listed as a director of more than 400 companies and was paid almost £270,000 by the operators of a scheme that replaced the directors of…
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NEW YORK — Lenders will no longer be able to consider unpaid medical bills as a credit history factor when they evaluate potential borrowers in the U.S. for mortgages, car loans or business loans, according to a rule the Consumer Financial Protection Bureau finalized Tuesday. Removing medical debts from consumer credit reports is expected to…
Mumbai: Nirma Group-backed Nuvoco Vistas offered ₹1,800 crore to acquire Vadraj Cement, outbidding Adani Group at an auction under the court-monitored corporate insolvency process, said people aware of the matter.JSW Group, JK Cement and ArcelorMittal were among other bidders in the fray. Adani group-backed Ambuja Cement had partnered with Prudent ARC-backed RKG Fund to acquire…
Forward AM shutters U.S. operations following insolvency filing VoxelMatters Read the original article here