The changes to the IVA protocol bring further clarity and certainty for both consumers and creditors. Research published in October 2024, showed concerning evidence of poor practice by some providers. The revised protocol comes into effect from 1 June 2025 and is the product of the agency working alongside regulators, creditors, IVA providers and charities. …
STRONG APPROACH: The Government is set to review how local authorities collect council tax arrears (Image: Getty) The number of families struggling to keep up with council tax payments has surged to a staggering 4.4 million, topping figures last seen in the wake of the 2008 financial crisis. New data reveals a 40% increase in…
Millennials looking for help repaying debt Yahoo Read the original article here
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The Federal Court struck out a counterclaim of around RM6 million brought by Ting Siu Hua against businessman Ting Ching Lee, on grounds that public policy prohibits the recovery of gambling debts via legal suits. PUTRAJAYA: A gambling debt is not legally enforceable in Malaysia on grounds of public policy, the Federal Court has ruled.…
Entertainment in gambling establishments should be accessible only to solvent people – as stated by President of Belarus Aleksandr Lukashenko during his today’s meeting with the Council of Ministers leadership Photo: www.president.gov.by Gambling business – which is a sensitive topic concerning ethics and safety, according to the Head of State – was…
PNN Advertisement New Delhi [India], May 28: Debt Relief India, one of India’s most trusted debt settlement companies, is expanding its services nationwide, reaching debtors in every corner of India to provide dignity and respect in their journey towards financial freedom. In a country where over 68% of borrowers are struggling with debt-related challenges, the…
Three million Australians with outstanding student loans will receive a more than $2.5 billion debt increase when the annual indexation is applied on June 1. The Albanese government had promised to reduce student loans by 20 per cent before indexation is applied this year, but the legislation required has not reached parliament as sitting does…
Imagine you’re stuck in a leaking boat. Water is pouring in, you’re exhausted, panicking, and feel like you’re about to sink. Now imagine someone throws you a lifeline — they patch the holes, give you a moment to breathe, and let you rest while a support team comes to help fix the boat properly. That’s…