Action Smart and its associated companies Caravan Fix, End Repair Solutions, BHG Automotive Group, Action Smart Transport and AD Glass have gone into liquidation and ceased trading. The company has debts in excess of $4.6million including a massive tax bill. The companies do not appear to have assets and funds to pay creditors. Many subcontractors…
Hudson’s Bay will start selling off all merchandise on Friday at the six stores previously spared from liquidation, effectively ending the retail empire’s reign and significantly dimming the possibility that the business dating back to 1670 will stay alive. Canada’s oldest company is making the move because “it is unlikely” that it will find a…
Chelverton UK Dividend Trust (SDV) has announced that the proposed placing of new zero dividend preference shares (ZDPs) in 2031 ZDPCo will not proceed due to insufficient demand amid continued market volatility. As a result, the previously proposed Scheme of Reconstruction has also been cancelled. Despite some investor support, the challenging market backdrop has led…
Betway parent company Bluejay Ltd files for liquidation Capital News Read the original article here
We crunched the numbers—analyzing 18 key factors like fees, APRs, loan terms and customer experience—to see if National Debt Relief delivers real savings or just a good pitch. Our team, with 25 years in personal finance, found that clients who complete the program typically cut their debt by 50% before fees and 30% after. Plus,…
A growing number of consumers struggle to manage their debt ConsumerAffairs Read the original article here
Greece has achieved the most significant public debt reduction among European Union member states, according to Eurostat data released in April 2025. The country’s debt-to-GDP ratio dropped by 10.3 percentage points between the fourth quarter of 2023 and the same period in 2024—the steepest drop in the EU bloc. By the end of 2024, Greece’s…
Retirement home in Ganshoren declared bankrupt The Brussels Times Read the original article here
Exotifruit EU declared bankrupt FreshPlaza Read the original article here
The corporate debtor may be sold as a going concern or its assets may be sold after liquidation The Calcutta High Court has held that in light of the bar under Section 33(5) of the Insolvency and Bankruptcy Code, 2016 (Code), all proceedings, including those that were ongoing at the time of the order, under…