A new funding scheme will give access to emergency cash for people on low incomes across England. The Crisis and Resilience Fund beginning at the start of April will provide £1bn annually for the next three years. People will be able to apply for emergency funds through their local council, whether or not they currently…
REVEALED: Latest business liquidations in Hume Herald Sun Read the original article here
Drawing a clear line between corporate and personal debt has long vexed Chinese entrepreneurs. To raise capital, many provide personal guarantees for corporate loans; when their companies fall into financial distress, those same guarantees often leave them burdened with substantial personal liabilities. Pilot personal bankruptcy regimes in cities such as Shenzhen have begun to test…
The Supreme Court on Thursday (January 15) issued a set of directions regarding the functioning of the Committee of Creditors (CoC) under the Insolvency & Bankruptcy Code, noting that while the commercial wisdom of the CoC is paramount, such power must be exercised with responsibility, transparency and proper application of mind, particularly in real estate…
UK Supreme Court rules on dishonest asset transfers during liquidation Taylor Wessing Read the original article here
Going Out of Business discounts of 25–50% Off the Entire Inventory While Merchandise Lasts BOSTON, Jan. 9, 2026 /PRNewswire/ — A joint venture of SB360 Capital Partners, Hilco Global, and Gordon Brothers has received bankruptcy court approval to operate Going Out of Business (GOB) sales in all 89 remaining American Signature Inc. (“ASI” or the…
Acuity RM Group’s Shareholder Base Shifts as Ridgecrest Liquidation Completes TipRanks Read the original article here
Key Facts: Non-bank lenders are increasing court enforcement actions to record levels while major banks reduce their activity, particularly through 2023-2025 Overall insolvency rates continue to rise, with numbers in December 2025 exceeding 2024 levels and showing consistent upward trend since COVID The ATO remains the primary source of court actions, with continued high levels…
Many people may be feeling a little extra strapped for cash after the holiday season. That’s why this month, we’re helping you get financially fit — starting with everyone’s favorite four-letter word: debt. According to Forbes, the average American carries more than $6,500 in credit card debt. That means if you don’t start paying it…
‘I have nothing of value.’ I’m 62 and a cancer survivor who rents her home and has credit card debt. When I die, what will my two daughters have to pay for? MarketWatch Read the original article here