I’m 39 and saddled with $25K in student loan and credit card debt. The monthly payments are absolutely crushing me — I don’t even have any retirement savings. How do I manage this mess? MSN Read the original article here
A man who refused to pay a measly $46 speeding fine has ended up racking thousands of dollars worth of debt. In 2016, Peter Prescott received a speeding ticket ordering him to pay $46 (translated to USD) for driving 64km/h in a 50km/h zone. However, he failed to pay the ticket and insisted that he…
A court in Palma has taken over the investigation into two alleged rapes of women, several months apart, committed by a former British tycoon at a five-star hotel in Portals Nous, Calvia. The suspect apparently contacted the victims through a luxury sex services website and both women travelled to the island after arranging to meet…
Animal rights activist Tash Peterson and her partner Jack Higgs have kissed their passports goodbye as the couple declared bankruptcy. The declaration comes after Bicton vet Kay McIntosh won bankruptcy orders against the pair in late April. The orders followed a messy defamation trial between the activist couple and Dr McIntosh, her husband Andrew and…
1. Overview 1.1 Where would you place your jurisdiction on the spectrum of debtor- to creditor-friendly jurisdictions? Until fairly recently, the Dutch jurisdiction was primarily creditor-friendly. The Dutch Bankruptcy Act (“DBA”) primarily aimed to satisfy creditors, rather than providing debtors with a reorganisation mechanism. However, the introduction of the Act on confirmation of private restructuring…
NCLAT rejects EPFO’s belated ₹34.31 crore claim in Nirmal Lifestyle insolvency case | Image Source: Wikipedia (Representative) Mumbai: The National Company Law Appellate Tribunal (NCLAT) has rejected the appeal filed by the Regional Provident Fund Commissioner, Employees Provident Fund Organisation (EPFO), challenging the order passed by the NCLT-Mumbai. The NCLT had upheld the decision of…
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