What veterans should know about debt consolidation | News

What veterans should know about debt consolidation High-interest debt is a challenge for millions of Americans. But for veterans, it often develops under circumstances civilians rarely face like frequent relocations, income disruptions during deployments, and the financial uncertainty that can follow the transition to civilian employment. Financial professionals at Beyond Finance note that many veterans…

Courts will not tolerate abuse of the business rescue process as a defence against winding up

Faced with a debtor who (i) had repeatedly acknowledged indebtedness yet failed to pay; (ii) argued that the business rescue application lodged on the eve before the liquidation hearing (which application was only issued minutes before the hearing) suspended the progress of the liquidation application; and (iii) raised jurisdictional objections, the Western Cape High Court…