Insolvency Guardian Media Centre

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.
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Controversial Sikh temple building company in liquidation – Gold Coast Bulletin
Controversial Sikh temple building company in liquidation  Gold Coast Bulletin Read the original article here
Jontay Porter reportedly had a substantial gambling debt before his NBA betting scandal
A few months ago, former Raptors center Jontay Porter received a lifetime ban from the NBA. The 24-year-old disclosed confidential
Bradley Wiggins is bankrupt, homeless & ‘lost absolutely everything’… he now faces selling gold medals, lawyer says
SIR Bradley Wiggins is bankrupt, homeless and has "lost absolutely everything", his lawyer says.The Olympic cyclist became the first Briton
Rex Airlines enters voluntary administration – The Northern Daily Leader
Rex Airlines enters voluntary administration  The Northern Daily Leader Read the original article here
The local financial coach who’s helping clients tackle $50,000 in debt
A recent survey revealed that 49% of Americans can’t cover a $1,000 emergency, putting them at risk when unexpected expenses
Amsterdam’s The Next Closet declared bankrupt: Know more 
Amsterdam-based The Next Closet, a peer-to-peer marketplace for secondhand designer clothes and accessories has been declared bankrupt by the Amsterdam
Risky business: why builders are leading insolvency numbers – The Canberra Times
Risky business: why builders are leading insolvency numbers  The Canberra Times Read the original article here
Intermediate-aged boy’s $16k online gambling debt
By Bella Craig of RNZ Children as young as 11 are racking up thousands of dollars in debt because of
Construction industry reeling as insolvencies soar even higher – building and construction news
More Australian companies are failing and the construction industry is faring the worst of all. During the nine-month period from
TGIF 12 July 2024 — Prospective judgment creditor successful in having Deed of Company Arrangement terminated
In In the matter of Academy Construction & Development Pty Ltd (subject to Deed of Company Arrangement) [2024] NSWSC 808,
HECS-HELP $3 billion budget relief welcomed but debtors hope for further action
In short:  Debtors are calling for further HECS relief in next week's budget in addition to the $3 billion wiped from
Here are 7 of the well-known companies that went bankrupt in 2023
New York CNN  —  It’s been a rough year for some household-name US retailers and businesses. As the economy emerged