NCLAT allows LDA, others to become parties in Ansal group’s insolvency case | Lucknow News

Lucknow: The troubles for Ansal Group deepened as the National Company Law Appellate Tribunal (NCLAT) allowed all concerned authorities, including the Lucknow Development Authority (LDA), to become parties in the ongoing insolvency case. The move, following strong advocacy by LDA, is expected to reinforce the interests of homebuyers affected by the real estate giant’s alleged…

When should you consider filing for bankruptcy?

It can be tough to determine whether you should file for bankruptcy — or whether another type of debt relief may be the better option. Getty Images Between today’s inflationary issues, the lingering high-rate landscape and the other economic hurdles that are looming, managing everyday expenses — let alone debts — has become a major…

Trapped in debt: China’s role in Laos’ economic crisis

The Lao government is seeking to manage the crisis through a range of measures. To stabilise the currency, the authorities have imposed foreign exchange controls and tightened monetary policy. Unable to raise fresh foreign capital to help meet impending debt service payments, the government has resorted to borrowing domestically, selling state assets, increasing tax revenues,…

Will my credit score go up if I settle a debt?

Before pursuing debt settlement, it’s important to understand how this type of debt relief could impact your credit score now — and over time. Getty Images/iStockphoto Getting rid of debt has become a lot harder for many Americans lately, and it’s not just because people are borrowing more (though they are doing that, too). In…