“A bankruptcy proceeding is not a death sentence but a chance for a fresh start.” — Elizabeth Warren In India, Bankruptcy and Insolvency since a long time have been critical issues in the financial sector, which impacts businesses, creditors, and the overall economy. Insolvency refers to as a situation where a debtor…
Tech (© ) Since July 2024, a creditor information system (GIS) is mandatory for all German insolvencies according to the German legislator. McJustice has spent the last few months developing a portal in the cloud that is able to handle the entire insolvency process online in the cloud. Security is particularly important here due to…
The recent changes to CBA’s HECS-HELP debt serviceability are for a niche type of borrower. However, the benefits have proven substantial. A recent breakdown of Commonwealth Bank of Australia’s (CBA) HECS-HELP debt serviceability changes has detailed its value for consumers. The changes, implemented from 9 April 2025, saw borrowers with HECS debt due to be…
Before the federal election, Labor made a promise to cut student loan debts like HECS and HELP debts by 20 per cent if it was re-elected. Well, Labor won and the new session of parliament is due to start again in July. So what does that mean for you if you have an outstanding student…
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FROM THE ONSET of the pandemic until today, the terms of federal student loan repayment have changed over and over again. It is often forgotten that President Trump was the first to pause payments through the CARES Act, signed in March 2020. But it was President Biden who tried to put a stake in the…
Zambia: Technical Assistance Report-Report on Data Quality Assessment for Public Sector Debt Statistics (September 30–October 4, 2024) International Monetary Fund Read the original article here
Sen. Rand Paul, R-Ky., said on Sunday that he would support President Donald Trump’s “big, beautiful bill” if the debt ceiling hike was removed. Paul told CBS’ “Face the Nation” host Margaret Brennan that he and three other Republican senators will hold out against the bill unless it is modified. “I think there are four…
In the case of former artist Ian Fang sexually assaulting a girl, the victim’s mother bluntly said that the sentence given to Fang was too light. The 35-year-old fomer MediaCorp artist was sentenced to 40 months’ jail after he pleaded guilty to having sex with the girl before she turned 16. He had sex with…
The political saga between former Victorian Liberal leader John Pesutto and first term MP Moira Deeming is continuing on with Pesutto at risk of having to be declared bankrupt over his inability to pay the court order legal costs stemming from Deeming’s successful defamation case. Pesutto was unable to make the deadline for the multi-million…