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.
San Diego, CA, April 19, 2021 (GLOBE NEWSWIRE) -- MagnoliaMediaNetwork announces the release of the review "Best Debt Relief Programs
LAS VEGAS & TORONTO--(BUSINESS WIRE)--Flower One Holdings Inc. ("Flower One" or the "Company") (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), a
19th April 2021 By Vicky ShawDebt can seem like an overwhelming burden, and some peoples problems with debt have grown
Raedium Digital, an email agency based in Melbourne, Australia, has closed its doors, owing AUS $2 million, according to Mumbrella.
SUPPLIED Sectors such as retail have been hit particularly hard by Covid-19 and successive lockdowns. Many economists predicted a plummet
Debt can seem like an overwhelming burden, and some peoples problems with debt have grown much bigger over the past
ACCC chair Rod Sims. Debt collectors misleading or harassing small businesses will be closely monitored by the consumer watchdog, amid
According to the reports sent to the commercial court number 2 of Alicante by the bankruptcy administrator of the Agricultural
Tweaks to insolvency rules during the COVID-19 pandemic produced a strange phenomenon a recession without soaring company wind-up numbers. That's
Anil Ambani-promoted Reliance Communications (RCom), which is now bankrupt, will now undergo liquidation, unless the Supreme Court overturns the National
18 April 2021 Consultancy.com.au 2 min. read Insolvency and restructuring consultancy Mackay Goodwin has broadened its service portfolio to include
Earlier this month, NBCC and Mumbai-based Suraksha group submitted their revised bids to acquire Jaypee Infratech through an insolvency process

San Diego, CA, April 19, 2021 (GLOBE NEWSWIRE) — MagnoliaMediaNetwork announces the release of the review “Best Debt Relief Programs 2021”

Climbing out of debt can feel like a nearly-impossible task with all the late fees and interest rates. The best debt relief programs can lighten your load.

Our in-depth research led us to the top six debt relief programs to help you get out of debt.
We factored in topics like financial guarantee, transparency and track record to determine the best companies for this list.

Top 6 Credit Relief Services

First look:

  1. Best debt relief program overall – National Debt Relief

  2. Best debt relief program for tax debt – CuraDebt

  3. Best choice for credit card debt relief – DMB Financial

  4. Best program for cus…

    Read the full article at: https://finance.yahoo.com/news/6-best-debt-relief-programs-013900262.html

    LAS VEGAS & TORONTO–()–Flower One Holdings Inc. (“Flower One” or the “Company”) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), a leading cannabis cultivator and producer in Nevada, is pleased to announce today that (i) following its press release dated April 14, 2021, the Company has completed its restructuring transaction with its 9.5% unsecured debentures due March 28, 2022 (the March Debentures) and 9.5% unsecured convertible debentures due November 15, 2022 (the November Debentures, and together with the March debentures, the Debentures), both of which will now reflect a maturity date of January 31, 2024, and (ii) in connection with this restructuring transaction, a second loan modification agreement has been agreed upon with…

    Read the full article at: https://www.businesswire.com/news/home/20210419005916/en/Flower-One-Announces-the-Completion-of-its-Restructuring-Transaction

    By Vicky Shaw
    Debt can seem like an overwhelming burden, and some peoples problems with debt have grown much bigger over the past year.

    A recent survey by VoucherCodes.co.uk found on average, the 25-34-year-olds they polled had worked up 2,673-worth of debt since the pandemic lockdowns started.

    Rachel Springall, a finance expert at Moneyfacts.co.uk, says some people who are struggling may want to approach a free debt advice service for support, before their situation gets worse. In the meantime, here are some tips from Springall to help people make a start on bringing debts under control:

    1. Use budgeting apps
    Springall says: Thankfully there are free mobile apps that can break everything down and help consumers to chang…

    Read the full article at: https://www.chronicle.gi/five-ways-to-help-tackle-debts-head-on/

    Raedium Digital, an email agency based in Melbourne, Australia, has closed its doors, owing AUS $2 million, according to Mumbrella.

    The company, which went into voluntary liquidation late last month, had only AUS $97 in the bank.

    Creditors have been trying to collect for months, Mumbrella reports. There are 50

    Read the full article at: https://www.mediapost.com/publications/article/362471/raedium-digital-now-being-liquidated-report.html

    Sectors such as retail have been hit particularly hard by Covid-19 and successive lockdowns.

    SUPPLIED

    Sectors such as retail have been hit particularly hard by Covid-19 and successive lockdowns.

    Many economists predicted a plummet post Covid-19. But the softening effect of government subsidies, quantitative easing, and mortgage holidays saw many New Zealand businesses come out of 2020 relatively unscathed.

    A year on, there are storm clouds on the horizon. Government assistance is subsiding, loans will need to be paid, and businesses cushioned by the various measures may have a hard landing ahead.

    Colin Gower, head of business restructuringwith accounting firm BDO, says the real economic impact of Covid-19 is likely to mirror that of the global financial crisis (GFC) in 2008.

    “With the GFC there was quite a delay [in the …

    Read the full article at: https://www.stuff.co.nz/business/industries/124653976/postcovid-road-to-recovery

    Debt can seem like an overwhelming burden, and some peoples problems with debt have grown much bigger over the past year.

    A recent survey by VoucherCodes.co.uk found on average, the 25-34-year-olds they polled had worked up 2,673-worth of debt since the pandemic lockdowns started.

    Rachel Springall, a finance expert at Moneyfacts.co.uk, says some people who are struggling may want to approach a free debt advice service for support, before their situation gets worse. In the meantime, here are some tips from Springall to help people make a start on bringing debts under control:

    1. Use budgeting apps

    Springall says: Thankfully there are free mobile apps that can break everything down and help consumers to change their spending habits.