Australia could face a “tsunami” of bankruptcies when government support packages and existing capital run dry as a result of COVID-19, a lead financial institution has warned. Malcolm Howell, bankruptcy trustee and partner at insolvency firm Jirsch Sutherland, forecasts that the majority of these bankruptcies will come in 12 to 18 months time thanks to…
Bankruptcy: What happens when you go bankrupt? BBC Read the original article here
Katie Price has been declared bankrupt in a hearing at the High Court, which was told she had failed to stick to a plan to repay her debts. The former model and reality TV star was not present at the London hearing. Last year, Price, 41, came to an arrangement with her creditors for a…
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