ISLAMABAD: The World Bank will assist the Ministry of Finance in formulating and implementing a debt management strategy, which will contribute to fiscal sustainability while minimising funding costs and keeping the debt exposure under control, Dawn learned on Wednesday. To help the ministry build capacity in the entities responsible for different debt management functions, the…
Chicago bankruptcy and foreclosure attorney Gregory K. Stern, P.C., announced the launch of its Chapter 7, Chapter 13 and foreclosure legal services. The firm helps individuals protect assets and restructure debt through effective debt relief legal services in Chicago while offering alternatives to the process CHICAGO, IL / ACCESSWIRE / December 20, 2016 / The…
ALBUQUERQUE, N.M. (KRQE) An Albuquerque Charter School is being forced to close its doors, after racking up hundreds of thousands in debt. But in a last ditch effort, school staff is now asking the community to help bail them out. I started this school in June 2006, said Justina Montoya. Principal Justina Montoya has been at…
Chicago bankruptcy and foreclosure attorney Gregory K. Stern, P.C., announced the launch of its Chapter 7, Chapter 13 and foreclosure legal services. The firm helps individuals protect assets and restructure debt through effective debt relief legal services in Chicago while offering alternatives to the process CHICAGO, IL / ACCESSWIRE / December 20, 2016 / The…
China Construction Bank Corporation (0939) proposed yesterday to spend 12 billion yuan (HK$13.4 billion) to establish a wholly-owned subsidiary, CCB Asset Management Co, that will take charge of converting debts into shares. “CCB AMC is proposed to specialize in market-driven debt-to-equity swap business and will mainly operate and conduct financial business, such as acquisition of…
Administrators have recommended a security firm that owes creditors more than $1 million be wound up, as workers at the company face an uncertain Christmas. Voluntary administrators from Mackay Goodwin were appointed to Kudos Australasia Pty Ltd, trading as Kudos Audio Visual and Kudos Security Solutions, on November 9, however, SmartCompany understands employees of the…
Facts Decision The Supreme Court of Justice’s July 5 2016 decision in Case 6034/13.8TBBRG-N1.S1 examined whether the payment due for the termination of an employment contract as a result of a collective dismissal following an employer’s declaration of insolvency was a debt of the insolvent estate or the insolvent company. Facts An employee brought an…
Education Minister Simon Birmingham has again blamed Labor for the VET FEE-HELP fiasco, even though the Coalition was slow to shut down the rorts. Louise Kennerley For three years the federal Coalition government ignored a major loophole in the VET FEE-HELP student loan scheme that allowed dodgy private colleges to scam the program and fraudulently…
The U.S. Department of Education has two quite different roles in the lives of indebted former students. The same bureaucracy that must safeguard taxpayer dollars by collecting $1.1 trillion in loans also oversees the nation’s largest-ever effort to forgive student debt. These dual roles have culminated in a strange situation. The Obama administration has repeatedly…
Fears that Greeces seven-year debt crisis is about to enter a troubling new phase have been voiced by one of the worlds leading rating agencies. Moodys said it was worried by the decision by the European authorities to suspend a debt-relief deal for Greece after the government in Athens gave a Christmas bonus to pensioners,…