Student debt: Nearly 450,000 US borrowers set for relief under $23 billion settlement; check eligibility, forgiveness amount, application process and more

Nearly 200,000 more US student loan borrowers are set to have their federal debt wiped out after a federal appeals court rejected the Trump administration’s bid to delay decisions on their Borrower Defense claims, reported CNBC. The ruling brings the total number of borrowers who have received or are expected to receive debt relief under…

Rose and Crown pub company enters liquidation process

The company Pembrokeshire Pubs Limited behind the Rose & Crown in Goodwick has entered voluntary liquidation after the directors deemed it could no longer continue (Image: Google) Under a CVL, directors may choose to place a company into liquidation when it is unable to meet its financial obligations. Licensed insolvency practitioners Helen Whitehouse and Gareth…

Income Direct group enters administration with up to $70 million raised from investors

Income Direct Australia Pty Ltd, Settlement Holdings Pty Ltd and ID Client Facilities Pty Ltd have entered voluntary administration, with Nicholas Charlwood and Timothy Cook of Balance Insolvency appointed administrators on 6 August 2026. The appointments follow months of disruption to Income Direct’s banking arrangements. The company said earlier this year that it had stopped…

Liberty Bell Bay enters liquidation after sale efforts fail

Liberty Bell Bay Pty Ltd, the owner of Australia’s only manganese alloy smelter, has entered liquidation after creditors voted to wind up the former GFG Alliance business following unsuccessful attempts to secure a buyer for the northern Tasmanian operation. Morgan Kelly, Robyn Duggan and Samuel Freeman of EY Parthenon were appointed joint and several liquidators…