In today’s Finshots, we talk about why BYJU’s parent company is finding bidders despite being under insolvency proceedings and mostly defunct. But here’s a quick sidenote before we begin. Insurance actually matters only in one moment — when your family needs to make a claim. Most people never hear real claim stories until it’s too…
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LEXINGTON, Ky. (LEX 18) — Lexington has made history as the first city in Kentucky to abolish medical debt for some of its residents, with Vice Mayor Dan Wu announcing that more than $12.6 million in medical debt has been erased for 6,484 Fayette County residents. The groundbreaking initiative, three years in the making, began…
Gold Coast businessman Adam Blackwell is allegedly under investigation by a liquidator for allegedly syphoning funds from collapsed panel beating group Action Smart, according to a recent report in News Corporation newspapers. The Group collapsed with creditors believed to be owed over $22million, while it is alleged that the liquidator is investigating Blackwell for more…
New bills in Michigan Senate could help patients tackle medical debt WWMT Read the original article here
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The Government of Jersey lent Blue Islands £8.5m in mid-2020 to secure “lifeline connectivity during a period of unprecedented disruption” – including transport for medical patients to Southampton. Ministers said that the airline had since made interest and capital repayments to government of £3.2m. But, including interest, that left £7.4m outstanding. And it has now…
Assistant Minister for Productivity, Competition, Charities, and Treasury Andrew Leigh has warned that unscrupulous manipulators of Australia’s personal insolvency system have the Albanese government’s full attention and will be brought to book, alongside trade credit laggards. In a speech to the Australian Financial Security Authority Summit, Leigh warned that risky and frisky outliers would not…
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