An unsuccessful entrepreneur from Krapina is the first person in Croatia which has declared personal bankruptcy. Three months after starting proceedings for personal bankruptcy, the Municipal Court in Zlatar officially confirmed the first personal bankruptcy in Croatia, which was filed by a 51-year-old former businesswoman from Krapina. Based on data, the court concluded that pension…
New Delhi: Personal insolvency cases under The Insolvency and Bankruptcy code 2016 will be handled by Debt Recovery Tribunals (DRTs). For an insolvency sum greater than Rs1,000, the cases will be moved out of civil courts to the special tribunals. How has the personal insolvency scenario changed? The Insolvency and Bankruptcy code 2016 completely overhauled…
New figures from the Insolvency Service of Ireland show that almost 900 people applied to put a formal arrangement in place with their lenders. The figures were for the three months to the end of September. This was up 102pc on the same three months last year. But the number of heavily-indebted people who secured…
Some 899 people applied for debt relief during the third quarter of the year, an increase of more than double on 2015, according to figures from the Insolvency Service of Ireland, Insolvency Service of Ireland (ISI). According to the ISI, there 899 new applications in the third quarter of the year, more than double the…
Bankrupt Matthew Quigley ran ambulance firm which went bust 17 October 2016 From the section Sussex Image caption Matthew Curran was known as Matthew Quigley before he changed his name by deed poll A man declared bankrupt with a history of involvement in failed ambulance companies was involved in an ambulance firm that went bust,…
Higher expenses are contributing to a far higher insolvency rate among young women than young men. According to accountancy firm Moore Stephens, women accounted for 65 per cent of personal insolvencies among the under-25s in the last year and 53 per cent of those among 25-34 year-olds. Read more: What does a gender pay gap…
An overseas property company promising 10% returns to investors in return for pension cash to build luxury holiday accommodation has been declared insolvent. Harlequin Property SVG, a company based on the Caribbean islands of St Vincent and the Grenadines has announced a professional trustee has been appointed but denies the firm is bankrupt. The company…
Galway Bay Fm newsroom Six Galway-based hospitality businesses have been declared insolvent in the past three months.New figures from VisionNet show that in total, 14 companies across Galway were made insolvent in the third quarter of this year.The latest figures show despite a jump of 75% in insolvencies compared to the same period…
Galway Bay Fm newsroom Six Galway-based hospitality businesses have been declared insolvent in the past three months. New figures from VisionNet show that in total, 14 companies across Galway were made insolvent in the third quarter of this year. The latest figures show despite a jump of 75% in insolvencies compared to the same period…
Family First senator Bob Day has launched a last-ditch bid to keep his NSW building company afloat, denying certainty to dozens of desperate families as his national empire continues to crumbles. Fairfax Media can reveal that Senator Day’s Huxley Homes has applied to have its licence renewed – even though the company last week ceased…