Freedom Debt Relief could help you break free from your debt problems, but there are a few things to know first. Getty Images Based in San Mateo, California, Freedom Debt Relief was founded in 2002 with a mission to help Americans who have become overwhelmed by their unsecured debt. Launched during a time of rising…
Before applying for credit card debt relief, cardholders should first consider their alternative relief options. gulfimages If you’re starting to doubt your ability to effectively pay down your credit card debt, you’re not alone. According to a recent report, credit card balances totaled $1.18 trillion in the first quarter of 2025. While that’s actually a…
Key takeaways Several different strategies can help you get out of credit card debt — from payoff plans like the avalanche and snowball methods to consolidation products like balance transfer credit cards and personal loans. The best method for paying down your credit card debt depends on your total debt, savings, financial habits and spending…
R3 responds to April 2025 insolvency statistics NationalWorld Read the original article here
New Delhi: The National Company Law Tribunal, on Wednesday, deferred the hearing of Bhushan Power and Steel Limited‘s (BPSL) insolvency case to May 26. The NCLT sought the assistance of the counsels appearing in the case to implement the Supreme Court’s judgment. Earlier this month, the Supreme Court scrapped JSW Steel‘s ₹19,700-crore acquisition of BPSL…
The Office of the Registrar of Companies says its administrative role in salvaging companies in financial distress is actively being rolled out for protection of local businesses. Under the Corporate Insolvency and Restructuring Act 2020, the Registrar of Companies is empowered to have registered insolvency practitioners to aid in administration of companies on the brink…
Builder.ai developed AI tools to streamline app and website development. (Photo: Shutterstock) London-based technology start-up Builder.ai, backed by investors including Microsoft, has entered insolvency proceedings amid significant financial challenges. This decision follows a recent restatement of its revenue, and the acknowledgment of issues related to past leadership. The company, known for its claim that its…
SUMMARY Builder.ai’s parent, Engineer.ai Corporation, will be “entering into insolvency proceedings” and has appointed an administrator to “manage the company’s affairs” Viola Credit, which extended $50 Mn debt to the company last year, seized $37 Mn from Builder.ai’s accounts leaving it with just $5 Mn CEO Manpreet Ratia said the company’s cash reserves had dwindled…
Buy now, pay later plans may seem convenient, but there’s a chance that they could cost you a lot more than you bargained for. BALLS/Getty Images In recent years, buy now, pay later (BNPL) services like Afterpay, Klarna, Affirm and others have exploded in popularity, especially among younger consumers. The appeal of this type of…
Aussie brides await delivery of gowns as luxury bridal brand enters administration The North West Star Read the original article here