Animal rights activist Tash Peterson and her partner Jack Higgs have kissed their passports goodbye as the couple declared bankruptcy.

The declaration comes after Bicton vet Kay McIntosh won bankruptcy orders against the pair in late April.

The orders followed a messy defamation trial between the activist couple and Dr McIntosh, her husband Andrew and Bicton Veterinary Clinic.

In a dramatic announcement on Instagram late Friday, Ms Peterson said: “We are officially bankrupt and our passports are being taken away from us.”

Mr Higgs said as a result of last year’s trial they “now owe over half a million dollars to a vet clinic”.

“So we’re going to head into a bankruptcy office and we’re gonna officially surrender our…

1. Overview

Mumbai: The National Company Law Appellate Tribunal (NCLAT) has rejected the appeal filed by the Regional Provident Fund Commissioner, Employees Provident Fund Organisation (EPFO), challenging the order passed by the NCLT-Mumbai. The NCLT had upheld the decision of the Resolution Professional (RP) rejecting EPFO’s claim of Rs 34,31,98,854.

In its order, the Appellate Tribunal held that when claims are filed belatedly during the insolvency resolution process, the RP’s decision to reject them through a reasoned reply cannot be faulted.

On August 4,…

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After losing my full-time job in 2023, my savings were nearly gone, and I found myself relying on credit cards to stay afloat. I needed stable income, not more financial setbacks.

Five months later, I finally got back to work, but the damage was done. I had defaulted on almost everything except my mortgage and utilities. My credit score had tanked, collections calls were constant, and I couldn’t see a way out. It felt like I was back in the late ’90s, struggling with the debt that came with the financial mistakes of my early 20s.

Back then, a debt relief program helped me reduce what I owed and set up payments I could actually manage. It worked once, so I figured it might work again.

Debt relief comes with risk,…

In today’s challenging economic climate, maintaining healthy cash flow has become more critical than ever for UK businesses. Late payments and outstanding debts not only strain operations but also threaten a business’s long-term sustainability.

Bibby’s Confidence Tracker for Q3 2024 said that in the past 12 months, 40 per cent of SMEs in the UK reported suffering bad debt due to customer non-payment, an increase from 30 per cent reported earlier in 2024.

Whether you are small to medium enterprise (SME) or a growing company, implementing effective debt recovery strategies is essential to protect your bottom line, particularly during difficult economic periods. Sara Beaumont, a commercial dispute resolution specialist and director at…

Most crucially, there would be no new debt for the debtor countries.

This is not just smart policy; it’s a lifeline for countries trapped between climate disaster and fiscal collapse. 

These kinds of innovations buy time and space. They allow governments to redirect funds from debt service to public investment in people, infrastructure, and recovery. But innovations alone won’t solve the crisis.

Small island nations crucially need to create their own, home-grown solutions and use finance more effectively for development, based on quality data and statistics.

This is exactly what the Antigua and Barbuda Agenda for Small Island Developing States (ABAS), adopted in 2024, calls for: more finance, but also capacity support so they…

DEALING with the loss of a loved one could hit your finances.

A third of people saw their financial situation worsen, according to data from charity Sue Ryder. 

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As the Financial Conduct Authority renews calls for banks and other companies to do more to support vulnerable bereaved customers, here is the help available for those dealing with grief.

When Yvonne Bailey’s husband John passed away unexpectedly from cancer, just ten weeks after her son Peter had died in a road accident, her world was shattered.

Her grief was overwhelming, but she also had to deal with money worries on top.

Without John’s salary as a delivery driver, Yvonne had no money coming in…

Australian popular fashion accessory brand Colette by Colette Hayman is shutting its doors for good, after years of financial struggles.

From Thursday, the budget retailer’s stores across Australia were spotted holding flash clearance sales, with discounts of 60 to 80 per cent on all items.

A sign outside the Colette store at Westfield Tea Tree Plaza in South Australia on Thursday read: “Final day of trade. 60–80% off. Everything must go!”

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Some staff members, who wish to remain anonymous, confirmed to 7NEWS.com.au that the company was closing down.

Staff were told on Thursday,…