Lawmakers in several states are working to expand medical debt protections for patients, even after the Trump administration reversed course and told states they don’t have authority to take action on credit reporting.
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Corporate bankruptcies are reaching levels not seen since the Great Recession — with inflation, high interest rates and punishing tariffs pushing hundreds of companies over the edge in 2025, according to a new report.
At least 717 US companies filed for bankruptcy through November, according to S&P Global Market Intelligence, a 14% jump from the same period last year and the highest total since 2010.
Among large-scale companies that went belly-up this past year were pharmacy chain Rite Aid, the genetics testing firm 23andMe, fast-casual dining spot Hooters and no-frills carrier Spirit Airlines.
The surge in bankruptcies is being driven by a toxic mix of stubborn cost…
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Debt payoff tips 2026: Debt has a way of creeping into daily life, quietly stretching budgets and making long-term goals feel harder to reach and financial advisers say January offers a natural reset point, a chance to change habits early in the year so progress can build month by month.
Even modest adjustments can make a difference by the time the year winds down. Financial planners shared five realistic steps that can help people start the New Year feeling more in control of their money, as per a report.
Experts urge reviewing credit reports before starting a debt plan
Before making a debt plan, experts recommend understanding exactly what you owe. Melissa Cox, a certified financial planner at Future-Focused Wealth in Dallas pointed out…
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Dana Downey of Pennsylvania speaks at a roundtable on Capitol Hill on Sept. 13, 2023, in Washington, D.C. Health advocates and community members gathered in Washington D.C. to push the Biden administration to take additional action on medical debt in an event hosted by Community Catalyst, a national organization fighting for race equality and health justice.
In Alaska and Michigan, legislators are nonetheless advancing bills to…
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The Ministry of Finance and Economic Affairs has published its Medium-Term Debt Management Strategy (MTDS) for 2026–2030. The MTDS describes arrangements for Treasury debt financing over the period and sets forth targets and criteria for the implementation of debt management.
The Strategy creates a framework for decisions on Treasury borrowing and debt administration. Its key objective is to ensure that the Government’s financing needs and payment obligations are met at the lowest possible cost consistent a prudent degree of risk.
The Strategy lays down debt management targets and criteria, describes the current structure of the Treasury debt portfolio, and outlines the key risks involved. It also describes the institutional…
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17 Iconic ’70s Restaurants That Went Bankrupt AOL.com
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Debt-Free Degree Academy helping students secure scholarships, reduce cost of college KNOE
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Supreme Court IBC Moratorium Doesn’t Bar Voluntary Surrender Of Corporate Debtor’s Leased Property To Lessor: Supreme Court Cause Title: Sincere Securities Private Limited & Ors. Versus Chandrakant Khemka & Ors. Citation : 2025 LiveLaw (SC) 774 The Supreme Court on Tuesday (August 5) held that the moratorium under the Insolvency and Bankruptcy Code, 2016 (IBC), does…
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Details for Investors and Shareholders
Background: Keppel Ltd., a major Singapore-based conglomerate, has officially completed the voluntary liquidation of its dormant wholly-owned subsidiary, Techbod Info Tech (Shanghai) Co. Ltd. The process was initiated as part of the company’s ongoing review of its corporate structure and asset optimization strategy.
Implications: The subsidiary in question was dormant, meaning it was not carrying out any active business operations. As such, the liquidation is not expected to have a material impact on Keppel Ltd.’s financial position, ongoing operations, or future prospects. The move aligns with prudent corporate governance practices, enabling the company to streamline…
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Chef Michael O’Hare declared bankrupt after closure of Leeds restaurant backed by Gary Neville Insider Media Ltd
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Beijing Jingcheng Subsidiary Tianhai Cryogenic Placed Under Court-Appointed Insolvency Manager TipRanks
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Misty Knapp just wants the student-loan forgiveness she was promised.
Knapp, 59, has been working in public service as a nurse since 2012 and has been enrolled in the Public Service Loan Forgiveness program since 2017, which forgives student debt for government and nonprofit workers after 10 years of qualifying payments.
She said she didn’t know PSLF existed when she entered public service, but once she saw it was possible to get her six-figure balance forgiven, she was banking on the relief. She now has a projected six payments left to make.
However, she’s been in payment limbo since the summer of 2024, and she’s worried that the relief she’s counting on will keep getting pushed back.
“I’m really just…