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An involuntary collection refers to a creditor collecting owed funds by garnishing a borrower’s income. Because the Department of Education has resumed collections on defaulted student loans, federal student loan holders in default who don’t take action will soon be subject to involuntary collections. Outside of making sufficient payments to get your debt back in…
The Office for National Statistics (ONS) has revealed alarming statistics indicating that a record number of British households are failing to pay their energy bills. In April, more than 2.7 per cent of gas and electricity direct debits bounced due to insufficient funds in people’s accounts. This figure is the highest since records started in…
A popular motorcycle retailer with a 55-year history has gone bust, putting some 400 jobs at risk. Peter Stevens Motorcycles, which boasts a network of wholesale and retail outlets nationwide, entered voluntary administration on Monday. The company’s dealerships sell beloved brands including Harley-Davidson, Kawasaki, Honda, Suzuki, Yamaha and Vespa scooters. Its four major dealerships are…
A series of rapid developments over the weekend has seen what management of struggling Australian casino firm Star Entertainment Group Ltd called in a Monday filing an “unsolicited” cash bid from United States-based casino firm Bally’s Corp. The news came soon after Star Entertainment confirmed on Friday, a deal flagged earlier that day for it…
North West insolvency-related activity hits 25-month high, R3 research shows Wigan Today Read the original article here
Legislature cuts school debt assistance to Mat-Su, new state trooper post in Talkeetna Frontiersman Read the original article here
Shape Construction, a Christchurch-modular home building company, has gone into liquidation, leaving behind an estimated $1 million debt to creditors. The company, which ceased trading in April, was placed into liquidation on 2 May, with Brenton Hunt of Insolvency Matters Limited appointed as liquidator. According to the liquidator’s first report, the company, established in 2012,…
North Canterbury modular homes builder in liquidation owing $1m The Press Read the original article here