BRITISH singer Lee Ryan has become the fourth and final member of R&B boy band Blue to file for bankruptcy. The 31-year-old followed in the footsteps of his UK band mates Simon Webbe, Antony Costa and Duncan James after Ryan’s creditors petitioned for bankruptcy. Ryan, who reportedly once had a £10 million fortune ($19.6m), was…
Domestic employees must be informed if their employers are declared insolvent Polity.org.za Read the original article here
Across the country, from Vallejo, Calif. to Detroit, Mich., some cities that cannot repay their debts have taken the extreme step of declaring municipal bankruptcy. Cities file for bankruptcy under Chapter 9 of the Bankruptcy Code. Yet before a city can declare Chapter 9 bankruptcy, the city must establish it is eligible to do so according…
This was published 12 years ago October 2, 2013 — 11:00am Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA Former AFL star Brendan Fevola has been declared bankrupt with more than $60,000 in unpaid debts. The Federal Circuit Court in Brisbane heard the…
Gumpert Bankrupt: Report drive.com.au Read the original article here
So that was the end of that – Everbread declared insolvent with debts of £8.7M PhocusWire Read the original article here
Ukio Bankas declared insolvent LRT Read the original article here
What Happens When A City Declares Bankruptcy NPR Read the original article here
For the first time since the 2008 banking crisis, the government has not stepped in to provide a blanket guarantee for all the savings at a failed bank. As the repercussions of the banking crisis reached Havant, in Hampshire, where a small bank was declared insolvent on Thursday, the 250 or so depositors were left…
Is it fair that someone who has been declared bankrupt is able to go to the pub or the gym, buy gifts and enjoy meals out – or should they only be left with enough money to pay their household bills and meet other necessary expenses? The answer probably depends where you sit on the…