How long does it take to file for bankruptcy?

While filing for bankruptcy can provide a fresh financial start, the process doesn’t happen overnight. Bill Oxford/Getty Images Right now, many of borrowers are facing some serious debt issues, including those who were once able to easily cover their monthly payments. Part of the issue is that, at over 22% on average, credit card rates…

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IMF-WB proposes unified debt management office in Dhaka to strengthen public debt governance

A joint International Monetary Fund (IMF) and World Bank technical assistance mission has recommended the establishment of a unified Debt Management Office (DMO) in Bangladesh to strengthen the country’s public debt management framework and reduce fiscal and operational risks. The proposal was presented at a workshop titled “Establishing a Debt Management Office”, held on Monday…