Category Archives: Debt Help

hk0debt.com Launches Free Debt Restructuring Information Platform to Help Hong Kong Borrowers Compare IVA, DRP and Bankruptcy Options

HONG KONG SAR – Media OutReach Newswire – 3 August 2026 – hk0debt.com, a free Traditional Chinese information platform covering debt restructuring options in Hong Kong, today announced its full launch. The platform explains the city’s main formal and informal debt solutions — including Individual Voluntary Arrangement (IVA), Debt Relief Plan (DRP), balance transfer and…

A new generation of people are retiring with HECS/HELP debt

The government’s student loan policy, the Higher Education Contribution Scheme, now known as HECS-HELP, first began back in 1989. Anyone aged over 23 at the time is now 60 or older, and retirement is squarely on their radar. But while a vast majority have since paid off their debts, some are now retiring without having cleared…

Ex-NRL player Luke Bateman alleges gambling company offered him drugs

A former professional rugby league player says gambling company employees offered to secure him illicit drugs to “strengthen” their relationship when he was in the grips of a financially crippling wagering addiction. Luke Bateman, 31, who had losses of “tens of thousands of dollars a month” at the peak of his problem gambling, gave evidence…

450K borrowers get student debt relief after court ruling

A federal appeals court has cleared the way for approximately 450,000 student loan borrowers to receive debt relief after years of legal battles over a federal protection designed to help those defrauded by their colleges. The ruling, issued on July 17 in the case Sweet v. McMahon, resolves a class-action lawsuit that has spanned three…

Bangkok Post – Bonds sell out in ’21 seconds’

PUBLISHED : 3 Aug 2026 at 04:08 Government Savings Plus bonds sold out just 21 seconds after subscriptions opened on Friday, reflecting strong demand for secure investments amid global economic uncertainty, the government said on Sunday. .%2 dnuora fo tseretni gnireffo ,emmargorp eht rednu htnom a thab noillib 2 htrow sdnob sgnivas tnemnrevog eussi ot…

Foreign aid falls as debt repayments cut net inflows

Foreign aid disbursements to Bangladesh fell in the last fiscal year while repayments on external debt continued to rise, reducing the country’s net inflow of foreign funds, shows government data. Total foreign aid disbursements fell 5.8 percent year-on-year to $8.07 billion in fiscal year 2025-26 from $8.57 billion a year earlier, according to provisional data…

450,000 student loan borrowers may get debt forgiven in $23B settlement

EAU CLAIRE, Wis. (WEAU) -A $23 billion class-action settlement with the Department of Education could result in debt forgiveness for 450,000 student loan borrowers following years of legal disputes spanning three presidential terms. The plaintiffs argued their schools misled them with false promises that their education would lead to higher earnings, transferable credits and stable…

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Sovereignty on life support: Debt holds the reins

There are speeches that contradict themselves through their own inconsistency. Take that of Samir Abdelhafidh, Minister of Economy and Planning. On Wednesday, in the hushed chamber of the Assembly of People’s Representatives, he delivered a passionate defense of the government’s economic policy.  Yet, at that very moment, in the same hall sanctified by democracy, lawmakers…

Bangladesh Foreign Aid Decline 2026 | Bangladesh’s foreign aid commitments fall 37%, debt servicing rises 11%

Foreign aid commitments fell sharply in fiscal year 2025-26 while debt servicing climbed to a record high, highlighting the country’s tightening external financing conditions as it grapples with slowing concessional inflows and rising repayment obligations. Total foreign assistance commitments dropped 37 percent to $5.24 billion in FY26 from $8.32 billion a year earlier, according to…