S. Korea to wipe out debts for 1.23 million small business owners, individuals – 조선일보
S. Korea to wipe out debts for 1.23 million small business owners, individuals 조선일보 Read the original article here
PMD strengthens offer with debt advisory team
A business finance firm is broadening its services to better support SMEs. Oldham-based PMD Business Finance has launched a new debt advisory service to complement its existing credit broking operations. The new team includes experienced directors Callum Bull, John Platt, Mark Millhouse and Kai Wynne-Jones, supported by Debbie O’Grady and relationship manager Lewis Alessandra. Chief…
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Dutch company bankruptcies rise slightly in May as hospitality sector struggles – NL Times
Dutch company bankruptcies rise slightly in May as hospitality sector struggles NL Times Read the original article here
IBC’s weak spot: Slow, difficult recovery from dubious pre-bankruptcy deals – Mint
IBC’s weak spot: Slow, difficult recovery from dubious pre-bankruptcy deals Mint Read the original article here
Victoria’s Esoteric Festival Enters Voluntary Administration
The ongoing saga surrounding Victoria’s Esoteric Festival this year has come to an unfortunate end, with the festival officially announcing its demise. According to a post shared on Facebook by Co-Founder and Director Sam Goldsmith this week, the festival officially entered voluntary administration as of June 11th. “This is by far the hardest thing Ive…
Man behind collapsed trucking firm bankrupted – Stuff
Man behind collapsed trucking firm bankrupted Stuff Read the original article here
Debt Relief for Resilience: Reimagining debt solutions for low-income countries – International Institute for Sustainable Development
Debt Relief for Resilience: Reimagining debt solutions for low-income countries International Institute for Sustainable Development Read the original article here
EU plots to increase fees for British tourists to help pay off Covid lockdown debts
British tourists are set to be hit with a fresh set of fees by the EU to help pay off debts caused by Covid lockdowns. Plans are being drawn up to hit non-EU travellers with an increased levy to reduce the €350billion (£298.8billion) common debt. The European Travel Information and Authorisation System (Etias) which comes…
APRA sets start date for HELP debt servicing changes
The regulator has released guidance on the servicing of Higher Education Loan Program (HELP) debt when assessing home loan applications, providing a date from which the changes are to be implemented. From 30 September 2025 APRA expects lenders to no longer consider HELP debt when servicing mortgages if the repayments are expected to be complete…