Eurogroup chief says Greece short term debt relief talks to resume – Deutsche Welle

Athens’ decision to pay out bonuses to pensioners prompted Eurozone members to freeze short-term debt relief to Greece. Poverty-stricken pensioners jumped at the hand-out, waiting in long lines to cash their checks. The finance ministers, known collectively as the Eurogroup, issued a statement on Saturday saying that Greece’s creditors had agreed to continue talks. This happened…

Chicago Bankruptcy & Foreclosure Attorney Launches Debt Relief Legal Services – Yahoo Sports

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…

CCB eyes debt relief unit – Hong Kong Standard (press release)

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…

Employees face uncertain Christmas after security firm Kudos Australasia collapses into voluntary administration – SmartCompany.com.au

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…