Stuart Edward Hutchinson, 38, and Lauren Hutchinson, 34, were directors of Adlington Electrical Limited (AEL), based in Chorley. Both were found to have allowed the company to trade to the detriment of HM Revenue & Custom (HMRC), despite having significant income during that time. According to the Insolvency Service, they failed to submit VAT returns and…
SINGAPORE – An undischarged bankrupt doctor with a total debt of nearly $48 million owing to his creditors as at May 28 failed to disclose assets worth more than $4 million to the authorities. Goh Seng Heng, 70, who founded the PPP Laser Clinic chain, was fined $43,000 on July 9 after he pleaded guilty…
Blue Air Aviation S.A. has officially entered bankruptcy following a decision approved by its creditors and announced by Infinexa, the Romanian company appointed as judicial administrator. Infinexa, which specializes in restructuring and financing distressed businesses, cited the airline’s failure to secure a strategic investor and its mounting losses as key reasons for initiating the proceedings.…
The Fairness Group The government established the Fairness Group in 2016, bringing central and local government, the debt advice sector, and the debt collection industry together. The Fairness Group is responsible for examining fairness in government debt management practices and making evidence-based recommendations for change. This includes fairness in relation to the treatment of vulnerable…
What collection debt looks like in America: A mid-year look Modesto Bee Read the original article here
National nonprofit credit counseling agency Take Charge America reveals the critical components and benefits of this effective, yet underutilized debt relief option. PHOENIX, July 09, 2025–(BUSINESS WIRE)–When faced with mounting credit card debt, many Americans assume their only options are drastic: debt settlement, bankruptcy or simply ignoring the problem. But there’s another path that’s often…
From Wealth Management to AI Debt Relief: Inside Midas Labs’ Reinvention Fintech.ca | Read the original article here
Get real time updates directly on you device, subscribe now. Subscribe Infinexa, a Romanian entrepreneurial company specializing in restructuring and financing distressed businesses, with €200 million in assets under management, announces the commencement of bankruptcy proceedings for Blue Air Aviation S.A. “The decision to initiate bankruptcy was made following the inability to secure an investor,…
Philip Ballard, of Ballard Business Recovery, was appointed voluntary liquidator for Essentially Tiles last month. He in turn has instructed Kumar and Company to auction off the company’s assets. The Walsall-based chartered surveyors, valuers and auctioneers are running an online auction sale, which continues until next Thursday (July 17). Along with the tiles, two forklift…
Drake is getting candid about his recent gambling misfortunes. On Wednesday (June 18), the 38-year-old rap superstar took to social media to reveal the millions he’s lost through sports betting over the past month. “Gotta share the other side of gambling…,” Drake wrote on his Instagram Story alongside a screenshot of his hefty losses. “Losses…