Kolkata: Observing that the Insolvency and Bankruptcy Code (IBC) prohibits initiation of suits or continuation of pending suits or proceedings against the corporate debtor following the initiation of Corporate Insolvency Resolution Process (CIRP), Calcutta High Court quashed notices issued by the Enforcement Directorate (ED) under the Foreign Exchange Management Act (FEMA) against a Kolkata-based jewellery…
A debt management program could be the key to becoming debt-free, but there are some things you should know before enrolling. Getty Images Credit card debt is a growing issue nationwide and it is weighing heavily on many households as we move through the second quarter of 2025. For example, recent data shows the average…
Hudson’s Bay Co. has stopped paying commission to hundreds of cosmeticians and fragrance advisers during liquidation sales, effectively reducing their salaries. These workers, also known as beauty advisers, earn commission on products sold, on top of their base salary. Hudson’s Bay notified the beauty advisers 12 days in advance that, starting on April 20, they would…
Home Viral Meet Anil Ambani’s sons, Jai Anmol Ambani and Jai Anshul Ambani, brains behind revival of bankrupt Anil Ambani, they studied from… Anil Ambani’s both sons Anshul and Anmol are focused on expanding their father’s enterprises while restoring investor confidence. Here’s how they revived bankrupt Anil Ambani. Late visionary entrepreneur Dhirubhai Ambani’s younger son,…
NEW YORK (PIX11) – With student loan collections set to restart on May 5 and more than half New York college graduates in debt, New York State offers some loan forgiveness options for residents. According to the Institute for College Access and Success, about 54 percent of New York graduates have student loan debt, with…
You have many tax debt relief options to consider, but not all strategies work for every situation. Getty Images/iStockphoto If you’ve ever been in a situation where you have tax debt with the Internal Revenue Service, you know how stressful it can be. The letters from the IRS keep coming, the penalties and interest continue…
Millennial Money Crunch: Nonprofit MMI Warns of Debt Surge as Inflation and Tariff Pressures Mount GlobeNewswire Read the original article here
Debt consolidation allows you to group all of your debt under one umbrella. If you have high-interest debt like credit card debt, consolidation can also help you secure a lower interest rate. However, debt consolidation doesn’t always make sense. A Redditor in the Dave Ramsey subreddit recently asked about consolidating $20,000 in credit card debt.…