If you’re struggling with out-of-control debt, a debt management plan (DMP) may be able to get your interest rates lowered and late fees waived. DMPs are usually offered by credit counseling services as part of a portfolio of financial asistance options. While these agencies are nonprofits, a DMP usualy comes with startup and monthly fees…
Chennai: The National Company Law Tribunal, Chennai Bench, has dismissed a petition filed under Section 7 of the Insolvency and Bankruptcy Code, 2016, holding that a loan disbursed directly into the personal bank account of a company’s director, and not into the account of the company itself, does not constitute a “financial debt” owed by…
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True Fitness and True Yoga are closing all its Singapore outlets after being placed under provisional liquidation. Their parent company, Kontafarma China Holdings, declared in a bourse listing that the personal fitness chains are unable to continue business due to liabilities. Checks by AsiaOne on the Accounting and Corporate Regulatory Authority’s BizFile records on Friday…
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Central Bank secures guilty pleas from Longford woman (50s) who provided illegal debt management services Irish Independent Read the original article here
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REVEALED: Liquidator appointments for businesses in the Brisbane council area for September 11 The Courier Mail Read the original article here