Insolvency Guardian Media Centre
REVEALED: Latest business liquidations in Brisbane The Courier Mail
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Cruise ship passenger jumped overboard to avoid $16,000 gambling debt, prosecutors say MSN
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In January 2025, Nippon published findings from the Japan National Tourism Organization (JNTO) revealing that Japan welcomed about 37 million international visitors in 2024, the highest it had ever received, even before the pandemic. While it’s still behind tourism giants like France and Spain, those are high numbers, and demand often affects hotel prices, plane tickets, and of course, how long the queues in major city hotspots are.
Japan may not be as pricey as Singapore or Scandinavian countries, but it’s far less affordable than other East Asian destinations. So, if you’re on a tight vacation budget and worry about getting into debt on your travels, your precious dollars could stretch further in a similar East Asian location, like…
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In January 2025, Nippon published findings from the Japan National Tourism Organization (JNTO) revealing that Japan welcomed about 37 million international visitors in 2024, the highest it had ever received, even before the pandemic. While it’s still behind tourism giants like France and Spain, those are high numbers, and demand often affects hotel prices, plane tickets, and of course, how long the queues in major city hotspots are.
Japan may not be as pricey as Singapore or Scandinavian countries, but it’s far less affordable than other East Asian destinations. So, if you’re on a tight vacation budget and worry about getting into debt on your travels, your precious dollars could stretch further in a similar East Asian location, like…
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The bankrupt pool guy and a year of living rent free Stuff
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Gurugram | The Directorate of Enforcement (ED), Gurugram Zonal Office, has conducted extensive search operations on December 3 and 4, 2025, across Gurugram and Faridabad, targeting Richa Industries Limited (RIL), its promoters Sandeep Gupta, Manish Gupta, Sushil Gupta, and their associated group entities.
The raids, conducted under the Prevention of Money Laundering Act (PMLA), 2002, were part of a probe into an alleged ₹236-crore bank fraud that took place between 2015 and 2018.
Probe Originated from CBI’s FIR in ₹236-Crore Loan Fraud
The ED initiated its money laundering investigation based on a Central Bureau of Investigation (CBI)…
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Kristin Collier
Courtesy: Emily Baxter
When Kristin Collier applied for a credit card at age 22, she said, she was surprised to learn that her application was denied. That’s when she discovered that there was over $200,000 in debt under her name that she didn’t know anything about — including several student loans and credit card balances.
Soon, she learned something else even more troubling: Her mother, who was grappling with a gambling addiction, had taken out nearly all of the loans without her consent. CNBC reviewed legal documents in which Collier’s mother admitted to borrowing the money using her daughter’s name.
In Collier’s new book, “What Debt Demands: Family, Betrayal, and Precarity in a Broken System,” she tells the story of…
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US consumers crippled by $105K debt on average in 2025. But can debt relief programs really help? moneywise.com
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TipRanks Cyber Monday Sale
SKIL Infrastructure Limited ( (IN:SKIL) ) has provided an announcement.
SKIL Infrastructure Limited is undergoing a Corporate Insolvency Resolution Process (CIRP) as per the Insolvency and Bankruptcy Code, 2016. The National Company Law Tribunal (NCLT) in Mumbai admitted the application for insolvency proceedings in February 2024, and an Interim Resolution Professional was appointed. After an appeal and a subsequent stay on the formation of the Committee of Creditors (CoC), the National Company Law Appellate Tribunal (NCLAT) lifted the stay in October 2025, allowing the CoC to be constituted. The CoC has approved the appointment of Purusottam Behera as the Resolution Professional, marking a significant step in…
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Ramsey Solutions founder and CEO Dave Ramsey joins ‘America Reports’ to lay out steps young Americans can use to fight back against debt.
Financial expert Dave Ramsey is breaking down his strategy for young Americans trying to regain control of their debt. On “America Reports,” Ramsey laid out his “7 Baby Steps to Take Control of Your Money.”
“If I’m sitting there in my twenties and I want to buy a house and I feel like I’ve been boxed out right now, the facts are that that’s true,” said the Ramsey Solutions founder on Thursday.
“The facts are there’s a problem. And I can’t control those facts, but I can control my reaction to them. So the only way you win with money is to control the controllables.”
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Americans continue to struggle under the weight of crushing debt. Consumers owed an average of $104,755 as of mid-2025 — down slightly from $105,580 a year earlier — according to credit bureau Experian. (1) But debt burdens vary sharply by age.
Here’s the average balance breakdown by generation, and the change from 2024:
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Gen Z: $34,328, +7.8%
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Millennials: $132,280, +1.6%
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Gen X: $158,105, -0.8%
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Baby boomers: $92,619, -2.1%
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Silent generation: $38,460, -1.1%
These numbers reflect all types of personal debt, including auto loans, credit cards, HELOCs, mortgages, personal loans, retail store cards and student loans. Still, it’s no wonder many households are turning to debt relief programs for help. But…
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The National Company Law Tribunal (NCLT) at Ahmedabad has admitted another subsidiary of the Blu-Smart electric mobility group into insolvency, holding that Blu-Smart Fleet Pvt Ltd had defaulted on an operational debt of Rs 16.25 crore owed to Reliance BP Mobility Limited. Blu-Smart Fleet provides fleet-management services exclusively to its parent company, Blu-Smart Mobility Ltd, a…