Higher interest rates pushing more Canadians to seek debt relief as business booms for insolvency trustees – Financial Post

People who make a living guiding others through bankruptcy in Canada say theyve never been busier. Record debt burdens, rising borrowing costs and, in some cases, bigger payday loans are driving many Canadians to seek relief, according to several licensed insolvency trustees who spoke to Bloomberg. They say November was their busiest on record, and…

Barristers and solicitors reappointed to insolvency practitioners complaints panel – Irish Legal News

Published 20 December 2018 Six solicitors and four barristers have been reappointed to the Personal Insolvency Practitioners Complaints Committee panel for five years. The Department of Justice and Equality wrote to all 18 members of the inaugural panel, established under section 177 of the Personal Insolvency Act 2012, to ask them if they were…

Credit Intelligence Limited (ASX:CI1) Banking on Bankruptcy – Investments Revolution

Article written by PittStreet Research. For the full report click here Unique proposition in the lucrative bankruptcy services Credit Intelligence (ASX:CI1) is a Hong Kong-based debt restructuring and personal insolvency management service provider. CI1 has been a trusted partner for global banks for over 16 years. Considering the significant number of personal insolvency cases every…

Transport insolvencies highlighted in ASIC report | News – Australasian Transport News

Date: 19.12.2018 Transport, postal and warehousing fifth-most likely sector to experience financial difficulty The Australian Securities and Investments Commission (ASIC) has released its insolvency statistics for the 2017-18 financial year, with the transport, postal and warehousing category recording 379 insolvencies for the period equating to…