Insolvency Guardian Media Centre
Voya Financial, Savi partner to offer student loan debt solutions TipRanks
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The company will return to court in the coming weeks to seek final approval from U.S. Bankruptcy Judge Craig Goldblatt for the full, $1.1 billion financing package. (Kiyoshi Ota/Bloomberg)
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Bankrupt auto-parts supplier Marelli Holdings Co. won court approval to borrow $518.9 million to help fund its reorganization after delaying a request for some parts of a financing package questioned by a federal bankruptcy watchdog.
The loan, which is being provided by Deutsche Bank and other senior Marelli lenders, will need…
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Retailer At Home Files Bankruptcy With Lenders Set to Take Over Bloomberg
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LeddarTech, once high-flying Canadian lidar maker, to file for creditor protection canada.autonews.com
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Finance committee advances nearly $25M in police-related settlements, one-month extension of vehicle ticket debt relief program The Daily Line
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Burger chain eyes Christchurch, despite owner having 10 companies in liquidation The Press
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JOHANNESBURG – The City of Tshwane has announced that it has written off more than R4.3 billion of customers’ debt through its incentive and debt relief scheme, introduced in March.
The programme, which was approved by the council in February, was part of the city’s commitment to provide financial relief to hard-pressed residents, businesses, deceased’s estates, and indigent and child-headed households.
The city said R2.4 billion was written off from more than 85,000 indigent accounts, which include child-headed homes receiving complete debt write-off.
Meanwhile, more than R1.8 billion was written off from more than 31,000 inactive accounts.
“However, these customers are still responsible for the payment of any consumption exceeding…
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Technology retailer, gaming brand forced into Chapter 7 bankruptcy MSN
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How long does debt relief take? The Independent Record
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London Gatwick workers left in dark after forced liquidation proceedings initiated against employer SussexWorld
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Relief Secures Strategic Investment from the Largest Debt Settlement Company in the US, National Debt Relief The Joplin Globe
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How long does debt relief take? Rapid City Journal