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.
Bruno Mars Jokes About His Gambling Debt Rumors Following Spotify Record: See What He Said  MSN Read the original article here
By Vermont Treasurer Mike Pieciak As Vermont’s Treasurer, I am committed to making investments that lower costs, strengthen our economy,
Your browser is not supported | gainesville.comgainesville.com wants to ensure the best experience for all of our readers, so we
Proposed Legislation Threatens To Raise Costs for Student Borrowers and Dismantle Consumer Protections  Center For American Progress Read the original article
By Market Capitalisation. Net Sales. Net Profit. Total Assets. Excise. Other Income. Raw Materials. Power & Fuel. Employee Cost. PBDIT.
Photo from Pixabay RALEIGH — The North Carolina Department of Health and Human Services received approval from the Centers of
olegkruglyak3 / AdobeStock LOS ANGELES, Calif. — CSS IMPACT, the leading provider of AI-driven debt collection financial ecosystem solutions, through
New Delhi, Feb 5 (PTI) The Insolvency and Bankruptcy Board of India has amended rules to allow distressed homebuyers to
The Insolvency and Bankruptcy Board of India has amended rules to ease homebuyers' woes in stalled real estate projects, allowing
Epicure has $5.7M shortfall, bankruptcy trustee says  Times Colonist Read the original article here
The insolvency watchdog has proposed a raft of regulatory changes, including a two-staged approval process for rescue plans, part-sale of
The news: Budget airline Bonza Aviation has entered liquidation after the company's creditors held a second meeting on the future

Bruno Mars Jokes About His Gambling Debt Rumors Following Spotify Record: See What He Said  MSN

Read the original article here

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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Proposed Legislation Threatens To Raise Costs for Student Borrowers and Dismantle Consumer Protections  Center For American Progress

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By


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Photo from Pixabay

RALEIGH — The North Carolina Department of Health and Human Services received approval from the Centers of Medicare and Medicaid Services to continue the Healthcare Access and Stabilization Program that makes hospital incentives for the state’s medical debt relief initiative possible.

The first two years were approved in July 2024. This new approval supports the state’s work to relieve more than $4 billion and a decade’s worth of medical debt for nearly 2 million low-and middle-income North Carolinians and prevent accumulation of new debt going forward.

“Carrying medical debt for too many people is like carrying a financial anvil. North Carolina’s medical debt relief initiative is…

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olegkruglyak3 / AdobeStock

LOS ANGELES, Calif. — CSS IMPACT, the leading provider of AI-driven debt collection financial ecosystem solutions, through its specialized division, ImpactAI Solutions, is thrilled to announce the launch of groundbreaking advancements within the IMPACT Enterprise Debt Collections Software Suite: the Interactive Voice AI Smart Collectors, Ava and Ivan. These state-of-the-art AI-powered agents are set to revolutionize the debt collection industry by speaking 40+ languages and offering seamless, compliant, and highly efficient automated communication and payment solutions.

Redefining AI-Driven Collections

ImpactAI presents Ivan – the Interactive Smart AI Collector, an advanced AI-driven collector…

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New Delhi, Feb 5 (PTI) The Insolvency and Bankruptcy Board of India has amended rules to allow distressed homebuyers to take possession of their properties while the resolution process is ongoing.

The amendments, notified on February 3, and effective immediately, aim to enhance efficiency in insolvency proceedings, particularly for real estate projects, by introducing measures such as appointing facilitators, involving land authorities in the process, and ensuring better monitoring of resolution plans, according to an official release.

The Insolvency and Bankruptcy Board of India (IBBI) has amended rules governing the corporate insolvency resolution process.

One of…

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The Insolvency and Bankruptcy Board of India has amended rules to ease homebuyers’ woes in stalled real estate projects, allowing them to take possession while resolution is underway.

New Delhi, Feb 5 (PTI) The Insolvency and Bankruptcy Board of India has amended rules to allow distressed homebuyers to take possession of their properties while the resolution process is ongoing.

The amendments, notified on February 3, and effective immediately, aim to enhance efficiency in insolvency proceedings, particularly for real estate projects, by introducing measures such as appointing facilitators, involving land authorities in the process, and ensuring better monitoring of resolution plans, according to an official release.

The Insolvency and…

Read the original article here

Epicure has $5.7M shortfall, bankruptcy trustee says  Times Colonist

Read the original article here

The insolvency watchdog has proposed a raft of regulatory changes, including a two-staged approval process for rescue plans, part-sale of stressed firms and a new mechanism to handle bankruptcy of interconnected entities of a corporate group, to speed up resolutions and prevent the erosion of toxic asset value. In a discussion paper, the Insolvency and Bankruptcy Board of India (IBBI) has suggested that under the two-stage approval process, the financial bid and the basic implementation framework of the resolution plan may be approved early. This would allow the successful resolution applicant to take over the stressed firm and implement the rescue plan early.

Subsequent hearings by the National Company Law Tribunal (NCLT) could address…

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The news: Budget airline Bonza Aviation has entered liquidation after the company’s creditors held a second meeting on the future of the company on Tuesday.

The context: In April, Bonza entered into voluntary administration after abruptly cancelling flights across Australia, stranding hundreds of domestic passengers, as it considered “the ongoing viability of the business”.

Bonza’s administrators had run a sales campaign over recent months involving investors, other airlines and travel companies, but had not received any offers for the sale of the business and/ or its assets at the end of that campaign period.

A media statement from administrators Hall Chadwick on Tuesday said the liquidators of the company Richard Albarran, Kathleen…

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