The Freedom Front Plus (VF Plus) is strongly opposed to the proposal by the AbaQulusi Local Municipality (Louwsburg, Vryheid) that qualifying consumers should pay only 30% of their outstanding municipal debt while 70% is written off. According to the Municipality’s own memorandum, total outstanding consumer debt stands at nearly R642 million, of which approximately R564…
Discovery Corporate and Employee Benefits has launched Debt Reset, an innovative retirement fund benefit designed to help employees redirect retirement contributions towards debt repayment for a limited period and subsequently receive a retirement Boost that helps restore their long-term retirement trajectory. Effectively reducing short-term unsecured debt while protecting their long-term financial future. For many South…
Whitney Restall got her first credit card just a few months after finishing high school. “I never prioritised paying it off … I’d max it out and then the bank would be like, ‘Oh, would you like to increase your limit by another thousand dollars?’ And then I’d max it out again,” she says. Whitney,…
Bally’s has acknowledged its massive debt creates “substantial doubt about its ability to continue” over the next year, when the company is supposed to open its long-delayed Chicago casino complex in River West. The statement of “going concern” was included in Friday’s quarterly filing with the Securities and Exchange Commission from Bally’s, which says it…
Yonhap News A 16-year-old boy who rode a stolen motorcycle from one unmanned store to another, breaking into kiosks and stealing cash to pay off debts from online gambling, has been caught by police in South Korea. The Ilsan West Police Station in Gyeonggi Province said on the 17th that it was investigating the boy,…
In its pursuit of expansion, Bally’s Corp. is facing liquidity concerns that could jeopardize the company’s future. The casino operator, which has two major gambling resort projects in the works, is at risk of defaulting on a lender agreement, raising “substantial doubt” about its ability to continue operating, it warned investors in a Friday filing…
← Back to Newsroom Monday, August 17, 2026 11:47 AM Christopher Palmeri, Bloomberg Email, LinkedIn, and more Bally’s Corp. warned investors of “substantial doubt” that it will be able to continue as a going concern as the company risks running afoul of agreement with lenders. The Rhode Island-based casino operator said in a regulatory filing…
The retirement account garnishment rules aren’t the same as the rules that apply to wages or bank accounts. Nora Carol Photography/Getty Images Americans are carrying a substantial amount of debt right now, and for many households, credit card debt remains a significant part of the equation. Credit card balances stood at about $1.26 trillion in…
CoreWeave: Overblown Debt Financing Concerns Don’t Help (Downgrade) (NASDAQ:CRWV) Seeking Alpha Read the original article here
Debt Relief & Debt Settlement in Corpus Christi, TX Yahoo Read the original article here