LEXINGTON, Ky. (LEX 18) — Lexington has made history as the first city in Kentucky to abolish medical debt for some of its residents, with Vice Mayor Dan Wu announcing that more than $12.6 million in medical debt has been erased for 6,484 Fayette County residents.

The groundbreaking initiative, three years in the making, began when Wu proposed allocating $1 million to tackle the growing medical debt crisis. The Urban County Council unanimously approved the plan in October 2024, partnering with Undue Medical Debt, a national nonprofit that purchases large bundles of unpaid medical bills at steep discounts and eliminates them completely.

“Today, I am thrilled to announce the first round of medical debt relief here in Lexington, Fayette…

Gold Coast businessman Adam Blackwell is allegedly under investigation by a liquidator for allegedly syphoning funds from collapsed panel beating group Action Smart, according to a recent report in News Corporation newspapers.

The Group collapsed with creditors believed to be owed over $22million, while it is alleged that the liquidator is investigating Blackwell for more than $20million in payments made to two senior management members of the Group.

The report also alleges that the Group operated while insolvent during 2023.

Paint & Panel Magazine reported that the Group and its subsidiaries, Caravan Fix, End Repair Solutions, BHG Automotive Group, Action Smart Transport and AD Glass, were placed into voluntary liquidation in April….

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The Government of Jersey lent Blue Islands £8.5m in mid-2020 to secure “lifeline connectivity during a period of unprecedented disruption” – including transport for medical patients to Southampton.

Ministers said that the airline had since made interest and capital repayments to government of £3.2m.

But, including interest, that left £7.4m outstanding.

And it has now emerged that ministers made two additional loan payments to Blue Islands, including £1.2m on 12 September, and £500,000 on 7 November – seven days before it ceased trading.

The government said as a “secured creditor” it expected “some funds may be recoverable”, although this would be subject to the liquidation process.

The two most recent payments were made as the airline…

Assistant Minister for Productivity, Competition, Charities, and Treasury Andrew Leigh has warned that unscrupulous manipulators of Australia’s personal insolvency system have the Albanese government’s full attention and will be brought to book, alongside trade credit laggards.

In a speech to the Australian Financial Security Authority Summit, Leigh warned that risky and frisky outliers would not be allowed to define insolvency and credit culture to the detriment of genuine entrepreneurs willing to take informed risks backed by properly informed investors.

“Every successful market economy rests on…

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Facebook App: Open links in External Browser

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LEXINGTON, Ky. — Hundreds of Lexington families will benefit from medical debt relief, thanks to a three-year effort involving city leaders and a national nonprofit dedicated to bringing this aid to the city.

Aqsa Qureshi is a full-time physician assistant and a six-year volunteer at Lexington’s SHARE Center, a free community clinic.

“It was something…