Insolvency Guardian Media Centre
Gambling and movies have always made a good combination. There are tons of movies that have gambling in them and there are even some casino games popularized by movies. Gambling also makes a good basis for a movie and there are plenty of films that have been made about gambling. Here are 10 of the top movies about gambling:
The Top Ten Movies About Gambling
- Casino (1995): Casino is set in the Las Vegas of the 1970s and 80s and was directed by Martin Scorsese. It stars Robert De Niro, Sharon Stone and Joes Pesci. Sam Rothstein, better known as Ace (De Niro) is tasked by his mafia bosses to manage a casino in Las Vegas. While Ace runs the casino, his friend Nicky Santoro, keeps people in line, sometimes a little too enthusiastically. C…
Read the full article at: https://www.scified.com/news/top-10-movies-about-gambling
Catholic social justice organizations have again sought debt cancellation and financial support for underdeveloped nations to face the Covid-19 crisis.
The global Catholic network for development and solidarity, also known as CIDSE, urged the leading nations to face the health crisis with cooperation and solidarity.
In a statement ahead of the virtual G-20 Finance Ministers and Central Bank Governors meeting, they highlighted Pope Francis words that it cannot be expected that the debts which have been contracted should be paid at the price of unbearable sacrifices.
The pandemichas stretched healthcare systems in many poor countries beyond breaking point, left millions of people without jobs and livelihoods, and decimated economies, Vati…
Read the full article at: https://www.ucanews.com/news/catholic-organizations-seek-debt-relief-to-face-pandemic-crisis/91593
Millions of people nationwide are struggling to keep up with their bills. If you’re one of them, you may be considering making partial payments, thinking that some money is better than none, even if its less than the minimum due. While partial payments can help reduce the interest that accrues on your debt, lenders typically dont count them as on-time payments and may consider your account to be in default.If you make partial payments, heres what you can expect to happenand what you can do instead.
Key Takeaways
- Partial payments may not satisfy your creditors’ minimum payment requirements.
- Your accounts can be reported as past due to the credit bureaus, causing a drop in your credit score.
- Rather than make partial payments, you ma…
Read the full article at: https://www.investopedia.com/should-i-make-partial-payments-on-my-debt-5114081
ImportantImportant: InCharge Debt Solutions is not one of our top-rated life debt relief companies. You can review our list of the best debt relief companies for what we think are better options.
Where many debt relief companies help clients out of debt using a process known as debt settlement, InCharge Debt Solutions takes a different approach. Instead of debt settlement, they offer help with free credit counseling, debt consolidation, and debt management plans (DMPs). With their debt management plans, you can save money on interest, simplify your finances with one payment each month, and become debt-free in three to five years, on average.
When you decide to pursue a debt management plan, you’ll pay an average of $33 per month in…
Read the full article at: https://www.investopedia.com/incharge-debt-solutions-review-5113747
If you are overwhelmed by your debts, youre not alone. The average American has more than $90,000 in debt, including credit cards, student loans, and personal loans.If you’re struggling to pay off your balances, one option is to work with a nonprofit credit counseling agency and enroll in a debt management plan. With this approach, you can pay off your debts in five years or less and get other help managing your money.However, debt management plans are not for everyone, and there are some downsides to consider. Heres what you need to know.
Call Now ButtonKey Takeaways
Go to Top- Debt management plans allow you to pay off your debt in five years or less.
- To start a debt management plan, you need to work with a nonprofit credit counseling agency.
- There may be…
Read the full article at: https://www.investopedia.com/pros-and-cons-of-debt-management-plans-5113946
The Supreme Court Monday held the cheque bounce cases can neither be instituted nor be continued against companies which are facing insolvency proceedings and are protected under a provision of Insolvency and Bankruptcy Code (IBC) putting a moratorium on legal proceedings against them.
The top court, however, did not extend the benefit of moratorium on judicial proceedings in cheque bounce cases to directors or signatories of cheques of such firms, saying criminal cases would continue against “natural persons”.
A bench headed by Justice R F Nariman was faced with the legal issue whether “the institution or continuation of a proceeding under Section 138/141 (cheque bounce cases) of the Negotiable Instruments Act can be said to be covered by…
Read the full article at: https://economictimes.indiatimes.com/news/economy/policy/cheque-dishonor-cases-cant-be-filed-or-continued-against-firms-facing-insolvency-proceedings-sc/articleshow/81278045.cms
Convicted Shepparton financial planner Amanda Ritchie has been fined in the Shepparton Magistrates Court.
Ritchie, who is currently serving a four-year jail term after pleading guilty to obtaining financial advantage by deception and a string of theft charges after ripping off clients for almost $500,000, faced court charged with failing to provide a statement of affairs to the Official Receiver within 14 days of being made bankrupt by the court.
She pleaded guilty to that charge.
The Federal Bankruptcy Act states a person against whose estate a sequestration order is made that is, being declared bankrupt by the court before a trustee begins managing relevant assets has 14 days to file a statement of affairs with the Official Receive…
Read the full article at: https://www.sheppnews.com.au/police–court/2021/03/01/3438864/former-shepparton-financial-planner-fined
The key aspects of this new law are:
- Available for companies with liabilities under $A1 million.
- A moratorium from creditor actions (including personal guarantees) will occur following a resolution of the board/directors to appoint a Small Business Restructuring Practitioner (SBRP) to assist with the collation of a plan.
- Directors remain in control while they collate the plan with the assistance of the SBRP.
- The plan is circulated to creditors within 20 business days (4 weeks).
- The plan must include certain prescribed matters but can otherwise be in any format the directors determine and would be expected to involve a discount or delayed timing of any return to creditors. Consideration of the plan and expected return is likely to be co…
Read the full article at: https://bluenotes.anz.com/posts/2021/02/anz-legal-insolvency-law-business-covid19
A man spent 47,800 of his late mothers money to cover his gambling debts while she was away in a care facility.
Gambling Addict Stole 47K from Mother to Cover Gambling Debts
Gambling addictionhas left many people desperate, pushing them to do things they would have otherwise strongly objected to. The case ofGary Evans,57, is one of those cases. An NHS business consultant, Evans, is going to avoid jail time after appropriating47,800from his mother, suffering from dementia at the time, to cover hisgambling losses.
The case goes back to 2016 when Evans convinced his mother to give him the power of attorney so that he could look after his mothers home and assets while she was in a care home. Instead of honoring that pledge, Evans used the …
Read the full article at: https://www.gamblingnews.com/news/man-who-stole-47k-from-mother-to-cover-gambling-debts-spared-prison/
Bidvest is disposing of its car rental business
Bidvest
Trading and distribution group Bidvest has reported a trading profit increase, as its “portfolio clean-up” nears its conclusion.
The company, which owns brands like Waltons and Cellini Luggage, also has pharmaceutical, industrial, financial services, freight, travel, and automotive businesses. It began its restructuring process with the unbundling of its food business Bidcorp in 2016 and has now reached the last phase of the process, following the sale of its 6.75% stake in Mumbai International Airport for R1 billion.
On Monday, in its interim results statement for the six months ended 31 December 2020, Bidvest CEO Mpumi Madisa said the group had also signed an agreement for the …
Read the full article at: https://www.news24.com/fin24/companies/bidvest-restructuring-nearly-done-after-exit-from-car-rental-business-and-sale-of-mumbai-airport-stake-20210301
The Pension Protection Fund (PPF) has published interim guidance on the Corporate Insolvency and Governance Act 2020 around the newly-introduced concepts of moratorium and financial difficulty mitigation arrangements.
Under the act, a moratorium can be initiated by the directors of a company that, among other things, suspends payments of most historic debts and prevents action being taken by the creditors, including pension schemes, to recover sums due for 20 days.
The PPF said it expects company directors to fully engage with scheme trustees, the PPF and The Pensions Regulator (TPR), who are entitled to receive notice of the moratorium.
It also expects to be provided with all the relevant information necessary to permit the proper managem…
Read the full article at: https://www.pensionsage.com/pa/PPF-publishes-insolvency-act-interim-guidance.php
Evans was sentenced at Maidstone Crown Court this week. (Google Maps) An NHS business consultant has been spared jail after conning his dementia-stricken mother out of almost 50,000 to pay off his gambling debts.
Gary Evans, 57, persuaded his mother Eileen to give him power of attorney in 2016 so he could look after her assets while she was living in a care home and her health was deteriorating.
Instead, Evans – also a former nurse – defrauded her of 47, 800 to fuel his gambling addiction, Maidstone Crown Court heard.
The fraud was exposed after unpaid care home bills for Eileen, who has since passed away, began to pile up.
Read: Rishi Sunak says Supreme Court made ‘right decision’ over Shamima Begum
As the debt grew, the care home referred …
Read the full article at: https://au.news.yahoo.com/nhs-consultant-fraud-mother-dementia-gambling-spared-jail-120446318.html
