A mother and daughter face losing their 55,000 home after the High Court upheld objections by a financial services firm to her proposed personal insolvency arrangement. The PIA was opposed by Pepper Finance Corporation (Ireland) DAC, which acquired a debt of 151,975 secured on the womans home in Munster. The woman, a part-time bookkeeper, hoped…
The shell left behind after Hemisphere Technologies sold its assets to a foreign investor has gone into liquidation with debts of nearly $5 million, including hundreds of thousands of dollars owed to security vendor Kaspersky. Just a month after its assets were acquired, the company now called “ACN 152 546 453 Pty Ltd” formerly Hemisphere Technologies…
Many Fifers will be feeling the pinch after Christmas after spending money on food, drink and presents for loved ones. But for some, the festive period may have brought additional stress if they are already struggling with debt and money problems. Citizens Advice and Rights Fife (CARF) provides free information and advice on a wide…
We thus suggest you take the time to acquire one: A Labour government will take failing care homes into public ownership to protect social care provision, Jeremy Corbyn is to promise. The Labour leader will warn the social care system is at “serious risk of breakdown” unless the Government invests more money. OK, maybe there…
A mother and daughter face losing their 55,000 home after the High Court upheld objections by a financial services firm to her proposed personal insolvency arrangement. The PIA was opposed by Pepper Finance Corporation (Ireland) DAC, which acquired a debt of 151,975 secured on Sarah Hills home at Palmers Hill, Cashel, Co Tipperary. Ms Hill,…
Alan McIntosh Scottish consumers are not getting a fair deal. Their homes are being placed at risk because they are being denied solutions that are enshrined in legislation, writes Alan McIntosh. In 2010, when the black clouds of the credit crunch still overhung Scotlands homeowners, the Scottish government formed the Debt Action Forum which had…
UPDATED: Residential construction outfit Builton Group is closing its doors, becoming the second local homebuilder associated with Tim Guests Infinite Wealth to go bust in as many years. Business News understands Builton staff have been told not to come to work on Monday, with an announcement that the company has been placed into administration expected later…
Burswood-based builder Builton Group, which trades under the brands Platinum Homes and Aspireon Homes, seems poised to join the growing list of residential builders in Western Australia gone bust. New Home Building Brokers managing director Tristan Kirkham said he had been fielding calls from distressed staff members and contractors on Friday claiming Builton Group was going into administration. WA builder…
2017-01-19T18:39+02:00 18:39 19.01.2017 The National Bank of Ukraine (NBU) on January 19 declared Bank People’s Capital (Bank Narodny Kapital, Kyiv) insolvent, according to the central bank’s website. The central bank made relevant decree No. 34- RSh/BT due to the incompliance of the bank’s ownership structure with the requirements regarding transparency. According to the NBU, now…
The online auctioneer, Auctionata Paddle8, which merged last May, has filed for insolvency to restructure the business. The Berlin-based parent group announced on 19 January that it is holding several conversations with investors about future funding for Auctionata. Meanwhile, Paddle8 announced it has found an investor to buy back the New York-based company, which is…