4,800 borrowers in arrears aided by Abhaile duty solicitor – Law Society of Ireland Gazette

Abhaile provides vouchers for free financial and legal advice available through the Money Advice and Budgeting Service (MABS). A total of 11,695 individual borrowers, or over 10,000 households, in mortgage arrears have received independent expert Abhaile financial advice and negotiation support. Court mentor And a court mentor has helped 7,100 borrowers facing repossession proceedings, under…

Personal insolvencies reach seven-year high – Your Money – Your Money

29/01/2019 The number of people declared insolvent reached a seven-year high in 2018, according to figures. There were 115,299 personal insolvencies in England and Wales last year, a 16.2% rise on 2017 and the highest annual level since 2011, statistics from the Insolvency Service reveal. This was primarily driven by increases in individual voluntary arrangements…

PG&E Officially Files for Bankruptcy Under the Financial Strain of California Wildfires – Fortune

A series of devastating wildfires that killed more than 100 people and scorched hundreds of thousands of acres in California over the course of two years just brought one of the nations largest utilities to its knees. PG&E Corp., Californias biggest power company, filed for Chapter 11 bankruptcy in Northern California bankruptcy court as investigators…

The Looming Bankruptcy Battle Over PG&E’s Renewable Energy Contracts – Greentech Media News

If Pacific Gas & Electric goes bankrupt, who gets final say over onwhether it can renegotiateits old and expensive solar power purchase agreements federal regulators or the bankruptcy court? This multi-billion dollar question has come to the fore as PG&E, overwhelmed by tens of billions of dollars in potential wildfire liabilities, prepares to file for…

RCMP charge Ottawa area snow-removal couple for allegedly illegally declaring bankruptcy – Ottawa Citizen

RCMP File photo The RCMP have laid charges against a separated couple who allegedly declared that their snow removal business, Ottawa Diamond Construction Inc., was bankrupt even though the business appeared to remain solvent. According to federal police officers, the pair, who are now divorced, declared the business bankrupt in 2015. They are alleged to…