Category Archives: Bankruptcy

Women ‘increasingly more likely than men to become insolvent’ – Belfast Telegraph

Women increasingly more likely than men to become insolvent BelfastTelegraph.co.uk Women are increasingly more likely than men to see their finances deteriorate so badly that they become insolvent, official figures show. http://www.belfasttelegraph.co.uk/news/uk/women-increasingly-more-likely-than-men-to-become-insolvent-35927060.html http://www.belfasttelegraph.co.uk/news/uk/article35927056.ece/93453/AUTOCROP/h342/bpanews_ee413f97-41f3-482c-a538-6eab6e04bb29_1 Email Women are increasingly more likely than men to see their finances deteriorate so badly that they become insolvent, official figures show.…

6% increase on new company start-ups per month – The Avondhu Press (press release)

Almost 1,900 new company start-ups (1,878) were formed, on average, each month in the first half of 2017, an increase of 6% compared to the same period last year. Bar June, company start-ups were up every month compared to 2016 including by almost 20% in January and 9% in April. When combined with new business…

Women ‘increasingly more likely than men to become insolvent’ – AOL UK

Women are increasingly more likely than men to see their finances deteriorate so badly that they become insolvent, official figures show. The rate of female insolvencies across England and Wales first overtook that for men in 2014 – and since then the insolvency gender gap has widened. In 2016, for the first time, women were…

I Hid Bills Under My Bed – HuffPost UK

Gail Porter, the television presenter and former model, was declared bankrupt at the beginning of this year following two years in hospital. Here, in an exclusive vlog for HuffPost UK she talks about how less work meant she could not keep up with her bills, how she resorted to hiding them under her bed and…

Lawyers Council jettisons member for allegedly cheating client – The Nation

Council vice president Major Sombat Wongkamhaeng, who also chairs the Thai Bars committee on legal aid, said Pisits name was also struck from the list because hed been declared insolvent in 2004.  Council representatives accompanied Porntip Chantharat and her wheelchair-bound daughter Pattarada Beam Kaewpong to a Bangkok court on Thursday to file a civil…

Mias bakery in administration as owner claims low price of bread partly to blame – ABC Local

West Australian bakery Mias has been placed into voluntary administration. The family-owned bakery, which has been trading since 1950, employs about 150 staff. Mias chief executive Conrad Mias said the low bread price was one of a number of factors leading to the company’s financial problems. He said the introduction of Aldi into the…

Fianna Fáil hits out over mortgage arrears – Irish Examiner

Fianna Fáil has said Government fears that its new mortgage arrears bill is not constitutional are ill-founded and a convenient excuse to block the legislation. The partys finance spokesman, Michael McGrath, who is bringing the bill, is seeking to remove the veto banks have on those seeking to stay in their homes. He says the…

Bank of Italy urges lenders to improve bad loan data – Hellenic Shipping News Worldwide

Italian banks must improve the quality of bad loan data and use them to understand when to raise provisions on debts which are yet to be declared insolvent, the central bank governor said on Wednesday. A harsh recession which ended in 2014 saddled Italian banks with impaired debts that are still running at around 15…

Essar Steel knew of insolvency move: RBI to Gujarat High Court – Business Standard

The Reserve Bank of India (RBI) on Wednesday told the Gujarat High Court that Essar Steels claim of nearly completing its restructuring and being unaware of insolvency proceedings was false. Darius Khambata, RBIs counsel, said the minutes of the meeting between Essar Steel and its lenders revealed that the company was far from…

Patients of bankrupt West Contra Costa hospital have limited time to claim medical records – East Bay Times

SAN PABLO Get your patient records from Doctors hospital before they are destroyed thats the message that went out Tuesday from Contra Costa County Supervisor John Gioias office to anyone ever treated at the former Brookside Hospital, which became Doctors Medical Center before it was declared insolvent and closed its doors to patients in April…