Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
AG Sunday Secures more than $500K in Refunds for Consumers from Debt Settlement Businesses that Allegedly Operated Illegally in Pa. attorneygeneral.gov
“As an organisation that is heavily reliant on Medicare rebates, a small number of government project grants, and membership fees to sustain our services, it has been extremely challenging to raise sufficient income to cover true operational costs,” the clinic said.
NovelStem International Corp., a company that has recently shifted its focus from media to biotechnology, has released its annual 10-K report. The report provides a comprehensive overview of the company’s financial performance, business operations, strategic initiatives, and the challenges it faces. This summary highlights the key aspects of the report, offering insights into NovelStem’s current status and future outlook.
Financial Highlights
Administrative fee income: $12,000, consistent with the previous year, indicating stable revenue from administrative fees.
Loss from operations: $(927,922), a significant improvement from the previous year’s loss of $(3,525,799), primarily due to a substantial decrease in litigation expenses.
Seniors should carefully consider the credit card debt forgiveness eligibility requirements to determine if it’s the right move for their finances now.
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With credit card debt around $1.21 trillion at the end of 2024 and the average credit card interest rate over 20% currently, the chances of Americans being stuck in credit card debt is high right now. Accordingly, many cardholders now find themselves looking for ways to reduce their compounding interest and work their way toward regaining their financial…
We list the best personal finance software, to make it simple and easy to manage your finances and budget better.
Personal finance software allows you to record your spending and saving, and taxes, all in one place. This allows you to get a better overall picture of your income and costs.
However, the best finance software deliver a range of extra features, too, such as help with debt management, balancing budgets, or even provide financial advice as an additional service.
This guide looks at the best personal finance software out there and takes you through the standout features of each one, so that you can get a better idea of which package will be best suited to your needs.
If you’re looking to manage your business affairs and…
Edward William Rennick could face up to 23 years in prison if he’s convicted of a tax crime and wire fraud conspiracy for helping cheat debt relief clients.
Already sued by the federal government over deceptive telemarketing, a Jacksonville-area businessman is facing a fraud charge involving what prosecutors described as a string of crooked debt-settlement businesses.
Edward William Rennick III, 51, could face up to 23 years in prison if he’s convicted of a tax crime and wire fraud conspiracy for helping cheat debt relief clients despite a 2016 court order…
For a limited time only, Chelan County District Court and District Court Probation are offering a debt relief program.
A statement issued Monday says people who have unpaid balances for fines and fees ordered by the Court or its Probation arm can apply to have their balances significantly reduced.
Court accounts with outstanding balances are assigned for collection through the debt recovery firm Armada Corp in East Wenatchee, and those who’d like to learn more and find out if they qualify are encouraged to call 509-884-8000 to find out more.
Those interested can also phone Chelan County District Court at 509-667-6600 or Chelan County Probation at 509-667-6656 for more information.
The program will begin next Monday, April 14, and run…
A wholesaler of children’s furniture has been declared bankrupt by the Zutphen District Court. The company has been assigned Guido Roest as receiver. The company has a wide range of children’s furniture, including cots, children’s beds and related furniture, which can be purchased through Leen Bakker and Morres Hulst, among others.
Lion International B.V., which operates under the trade names Bopita, Toi Toi Kids, Coco Milou and Pebbelrebel, is based in Elst (Gelderland). Since its establishment in 1987, it has been active in the production and distribution of furniture for children. The company had positioned itself as…
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Facebook App: Open links in External Browser
There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser.
This can be done through the following steps:
1. Open the settings menu by clicking the hamburger menu in the top right
StrongRoom AI has fallen into administration after the board concluded there were doubts about its solvency, despite the pharmaceutical software start-up being valued at almost $70 million just two weeks ago.
Filings with the corporate regulator show HLB Mann Judd, a consulting and accounting practice with a specialised insolvency division, was appointed late on Friday. Lenders had already taken control of StrongRoom’s bank accounts earlier that day by appointing Walsh & Associates as receivers.
It’s no understatement to say the unfolding saga surrounding collapsed medtech StrongRoom AI has sent shockwaves through the Australian startup and venture capital ecosystems.
Last week’s extraordinary decision by Sydney venture firm EVP to call in the police on its newest portfolio company — a decision no investor would take lightly — kicked off a series of events that culminated in StrongRoom AI falling into administration on Friday.
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Star, the country’s second-largest casino operator, said in a statement to the ASX that several conditions required for the Salter proposal to proceed were unlikely to be met in time to address the company’s immediate cash crisis.
It said it has “continued to work diligently with Slater Brothers Capital … but has not received a binding debt commitment letter”.
