Debt management plan vs. debt relief

You may know how to get out of debt in theory. But doing it is easier said than done. There are many effective strategies—from debt consolidation to side gigs to the snowball and avalanche methods of repayment. But sometimes these things aren’t enough. If you see little-to-no light at the end of the tunnel, it might be appropriate to seek professional help. Agencies that offer…

Student Loan Crisis: Should Parents Help Pay Off Debt?

Should you help?    Whether you have a grandchild  at  university or a child who’s still repaying their loans years after they graduated, you won’t be alone if you’re worried about the impact of student borrowing on their finances. Jemma Slingo, pension and investment specialist at Fidelity International, says: “Parents and grandparents are now asking themselves the same thing.…

IBC Overrides Securities Law? NCLAT’s Expanding Jurisdiction Over Frozen Demat Accounts

Can a stock exchange continue to freeze the assets of a corporate debtor even after the commencement of insolvency proceedings? More importantly, does such regulatory action survive the overarching framework of the Insolvency and Bankruptcy Code, 2016 (“IBC”), which seeks to preserve and maximize the value of the debtor’s assets? These questions recently came into…

Appeal Filed By Suspended Director In Name Of Corporate Debtor After Admission Of CIRP Contrary To IBC’s Mandate: Supreme Court

The Supreme Court has held that an appeal cannot be filed in the name of the corporate debtor by a suspended director claiming to be its authorised representative, once the corporate insolvency resolution process has been admitted and the interim resolution professional is named. The appeal before the Apex Court was filed by a suspended…

No Cookies | The Courier Mail

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…

No Cookies | The Chronicle

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…