STAFFORD, Texas, June 26, 2025 (GLOBE NEWSWIRE) — With more Americans overwhelmed by debt and falling behind on payments, Money Management International (MMI) is stepping up with a new solution. The national nonprofit today announced the launch of its Debt Resolution Plan (DRP), a structured option designed for clients who need help but who owe…
(June 30): Thailand’s household debt level fell to the lowest since early 2020 after lenders tightened new loan approvals and government unveiled measures to provide relief to millions of borrowers. The debt level as a ratio of gross domestic product stood at 87.4% in the first quarter, down from 88.4% at the end of last…
France’s Carmat files for insolvency, shares suspended MSN Read the original article here
Lenders of Jaiprakash Associates Ltd (JAL), which is under insolvency, will meet on July 1 to discuss resolution plans submitted by five corporates among other issues. In a regulatory filing on Monday, JAL informed that “the 16th meeting of the Committee of Creditors (CoC) of the company will be held on 1st July, 2025.” The…
(Reuters) -French heart prosthesis company Carmat has filed for insolvency and requested to be placed in receivership after failing to secure emergency funding, it said on Monday. Trading in Carmat shares have been suspended at the company’s request, it said, pending a decision by the the Versailles Economic Affairs Court. Carmat, which had warned earlier…
The owner of the Lindsey oil refinery has crashed into insolvency, putting hundreds of jobs at risk at the energy conglomerate behind the Lincolnshire site. Sky News has learnt that State Oil, the parent company of Prax Group, which has oilfield interests in the Shetlands and owns roughly 200 petrol stations, has been forced to…
The owner of the Lindsey oil refinery has crashed into insolvency, putting hundreds of jobs at risk at the energy conglomerate behind the Lincolnshire site. Sky News has learnt that State Oil, the parent company of Prax Group, which has oilfield interests in the Shetlands and owns roughly 200 petrol stations, has been forced to…
Lenders of Jaiprakash Associates Ltd (JAL), which is under insolvency, will meet on July 1 to discuss resolution plans submitted by five corporates among other issues. | File Pic New Delhi: Lenders of Jaiprakash Associates Ltd (JAL), which is under insolvency, will meet on July 1 to discuss resolution plans submitted by five corporates among…
As leaders row over process, debt relief is back on the agenda EUobserver Read the original article here
XL Express has brought in voluntary administrators after 35 years in business. Image: XL Express XL Express, which operates a large independent logistics network around Australia, has brought in voluntary administrators after 35 years in business. XL Express appointed FTI Consulting to conduct an “urgent assessment” of the company’s viability, which also includes…