March is Debt Literacy Month. A new Ipsos survey conducted on behalf of MNP shows a large number of British Columbians say stigma prevents them from seeking financial help when it comes to debt. As March marks Debt Literacy Month, MNP’s survey shows 74% of respondents believe there is no shame in asking for help with debt;…
New research has revealed that personal insolvency agreements (PIAs), or Part X agreements, are surging in popularity over bankruptcies to effectively negotiate legacy debts. You’re out of free articles for this month Based on statistics from the Australian Financial Security Authority (AFSA), PIA numbers had almost reached pre-COVID-19 levels, which demonstrated a growing trend in…
Calcutta High Court: A Single Judge Bench of Justice Shampa Dutt (Paul) dismissed a writ petition challenging an order directing the payment of gratuity to an employee. The court ruled that gratuity payments remain a statutory obligation even after a company undergoes Corporate Insolvency Resolution Process (CIRP). It held that Section 36(4)(a)(iii) of the Insolvency…
Hong Kong actor Vinci Wong declared bankrupt following court ruling Dimsum Daily Read the original article here
Since the beginning of the recovery from the Covid-19 pandemic, there have existed two different insolvency regimes on the island of Ireland. In 2024, there were 852 total insolvencies in the Republic, a 16% increase on 2023. Some 305 companies in Northern Ireland declared insolvency in 2024, an almost 40% increase. Of course, a portion…
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Mineral Sands Resources Faces Provisional Liquidation TipRanks Read the original article here
Rising inflation could make it difficult to reduce your credit card debt. nui/Getty Images Inflation has been steadily rising for the past few months, jumping from 2.4% last September to the 3% rate seen in January. Unfortunately, that inflation leads to rising prices — and, often, more money spent on credit cards. It can also…
Musk gets star turn at first cabinet meeting of Trump’s second term FRANCE 24 English Read the original article here
Sunnova Energy received the largest federal loan to a solar company in history President Biden in front of solar panels(nrel.gov) A politically connected solar company says it has “substantial doubt” it can stay in business, a little over a year after obtaining a $3 billion loan from the Biden administration. Sunnova Energy said on Monday…