Insolvency Guardian Media Centre
The appointment Torsten Bell to the role of pensions minister has the potential to deliver material improvements to the retirement prospects of millions of UK citizens. He could also support the financial wellbeing of people before they retire, by granting access to pension for a first home purchase deposit.
Having spent a decade at the Resolution Foundation, he has deep experience of the challenges facing low- and middle-income people. Fighting the corner of lower income groups is what Labour MPs are meant to do, and have done with differing degrees of success. But when it comes to pensions policy, Labour has on occasion ignored the unrepresented low earners, the strivers, those with multiple jobs.
Auto-enrolment was a Labour…
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This segment is sponsored: Debt Redemption
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Biden’s record debt forgiveness barely made a dent in the $1.7 trillion student loan crisis. Here’s why Fast Company
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Sponsored: Overwhelming Debt Relief for Texans WFAA.com
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Forever Companies, the parent firm of Diamond Nexus and other lab-grown sellers, “has been on the verge of insolvency for several months,” its counsel said in a legal filing, entered Jan. 30 in Illinois federal court.
Edmund J. Ferdinand III, an attorney who represented Forever Companies in a trademark case brought by GM Casting House, made the comment in a motion to withdraw as Forever’s counsel.
In his motion, Ferdinand wrote that Lindsey Saletta, whom he described as Forever Companies’ interim restructuring officer, told him on Jan. 27 “that the company’s bank is on the verge of foreclosing and the company will soon be insolvent.”
Forever Companies “has not paid [its] legal…
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Background and Proceedings
The High Court recently delivered a significant judgment in the case involving MPB Developments Limited, where a winding-up petition was filed by Cresta Estates Limited, Luxor Properties Limited, and Stanbreck Properties Ltd. The petition was presented on the grounds of the company’s alleged inability to pay its debts, as outlined under section 122(1)(f) of the Insolvency Act 1986.
Case Details
The company, MPB Developments Limited, was initially incorporated in 2018 with the intention of engaging in property investment and development projects. The petitioners, Cresta and Luxor, both owned by the Erlich family, provided substantial loans to the company, which were due for repayment by the end of 2029. The…
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Small business restructuring booms amid economic strain Herald Sun
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Bruno Mars Jokes About His Gambling Debt Rumors Following Spotify Record: See What He Said MSN
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By Vermont Treasurer Mike Pieciak
As Vermont’s Treasurer, I am committed to making investments that lower costs, strengthen our economy, and support healthier communities. I believe every Vermonter deserves a fair shot at success, regardless of the situation they are born into.
Yet, for too many Vermonters, the cost of health care stands in the way of investing in their future. Vermont has some of the highest health care costs in the country, forcing Vermonters to either forgo necessary treatment or be burdened with medical debt through no fault of their own.
We’re all just one health crisis away from being hit with medical debt, and that debt can linger for years, dragging down credit scores and making it more expensive to buy a…
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