When is hiring a debt relief company worth the cost?

Debt has become an increasingly expensive problem to carry over the last few years. While borrowing costs have largely stabilized as the Federal Reserve has kept rates paused since the start of the year, millions of Americans are still carrying high-rate credit card balances, and at an average of nearly 22%, the compounding interest charges…

Students out of pocket as travel company enters liquidation

Global Vision International (GVI), based in Exeter, offered charitable travel programmes across the globe for 28 years, providing placements in conservation, education, and community development in countries such as Costa Rica and Fiji. The company announced its closure at the start of July, leaving customers unable to travel. Many of those affected are gap year…

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NCLT Amaravati Admits Insolvency Plea Against KGOC Terminals, Says Pre-COVID Loan Default Not Protected

The National Company Law Tribunal (NCLT), Amaravati Bench, has admitted Canara Bank’s insolvency plea against KGOC Terminals Private Limited. It held that the company could not rely on the COVID-19 suspension on insolvency filings because it had already defaulted on its loan repayments before that period began. The later classification of the loan account as…

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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…