More than 100 in Redditch use scheme to ease debt worries – redditchadvertiser.co.uk
More than 100 in Redditch use scheme to ease debt worries redditchadvertiser.co.uk Read the original article here
More than 100 in Redditch use scheme to ease debt worries redditchadvertiser.co.uk Read the original article here
A total of 484 people entered the Breathing Space scheme last year. The scheme offers legal protections and a freeze on interest, charges, and creditor action for up to 60 days while individuals seek debt advice and develop a repayment plan. Figures reflect the growing strain on households amid rising living costs and economic uncertainty.…
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Public record documents including at Companies House show entities including Marble Fashion Designs Holdings Limited and Marble Fashion Designs UK Limited have been placed into liquidation. Such liquidition processes may also constitute part of a restructure with the closure of entities no longer required and elements of the business continuing to operate as normal. A…
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Owners of a beloved North East bakery say they have been “humbled” by an outpouring of community support after making the difficult decision to enter voluntary administration to tackle $1 million in pandemic-era debt. Nedziak & Nedziak Pty Ltd, traders of Bright, Yackandandah, and Wodonga bakery Gum Tree Pies, were put into voluntary administration last…
The National Company Law Tribunal (NCLT) has directed the initiation of insolvency proceedings against Videocon’s former chairman and MD Venugopal Dhoot for defaulting on loans of Rs 6,157.57 crore, as a personal guarantor of two group companies. Admitting a plea from State Bank of India (SBI), NCLT said Venugopal Dhoot has “committed defaults in repayment…
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