The Research Insights has added a new market aptitude report to its extensive collection of research. The report is titled as Debt Settlement which emphases in describing the primary prospects and outlines in the market. Moreover, it gives a broad overview of the global market including the cataloguing, descriptions and executions. Additionally, it also converses the growth strategies along with the cost structures and production processes.
The competitive landscape has been elaborated by providing analysis of competitors at the domestic and global level. Technological advancements and standard operating procedures have been mentioned to get better insights into the businesses. Researchers ar…
Read the full article at: https://aglobalmarketresearch.com/debt-settlement-market-influencing-dynamics-by-top-companies-like-freedom-debt-relief-national-debt-relief-rescue-one-financial-clearone-advantage-new-era-debt-solutions-pacific-debt-accredited/
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Getting a debt consolidation loan for bad credit may require shopping around, but there are options, including loans from credit unions and online lenders. In fact, some lenders cater to borrowers with bad credit (a credit score below 630) and consider factors beyond your score, such as education, income and job history.
Ideally, a debt consolidation loan should have a lower interest rate than the combined rate on your current debts and allow you to pay off your debt more quickly. Use our debt consolidation …
Read the full article at: https://www.nerdwallet.com/blog/loans/debt-consolidation-loans-bad-credit/
- Company will explore strategic alternatives for its immuno-oncology programs
- Company will align its resources to focus on HEPLISAV-B commercialization
- Eddie Gray, CEO, to retire
BERKELEY, Calif., May 23, 2019 (GLOBE NEWSWIRE) — Dynavax Technologies Corporation (NASDAQ: DVAX), today announced a strategic restructuring to prioritize its vaccine business by focusing on the companys first commercial product HEPLISAV-B [Hepatitis B Vaccine (Recombinant), Adjuvanted]. As part of the restructuring, the company will explore strategic alternatives for its immuno-oncology portfolio and will reduce the companys workforce and operations to focus resources on HEPLISAV-B commercialization. While the companys near-term focus will be on HEPLISAV-B sales…
Read the full article at: https://globenewswire.com/news-release/2019/05/23/1841968/0/en/Dynavax-Announces-Strategic-Restructuring-to-Focus-on-its-Vaccine-Business.html
Headline losses before tax came to 87.3 million for the 53 weeks to March 30, compared to 72.8 million this time last year.
Losses were deepened by the retailers store closure plan, which was agreed last year under a Company Voluntary Arrangement (CVA).
Mothercare UK, which operates as a separate company to Mothercare Ireland, said the programme had been completed ahead of schedule, reducing its UK estate from 134 stores to 79.
Worldwide sales, which includes international franchise partners and wholesale, slipped 7.9% to just over 1 billion.
Chief executive Mark Newton-Jones said: We have achieved a huge amount this year, refinancing, restructuring and reorganising Mothercare to ensure a sustainable future for the business.
The majority…
Read the full article at: https://www.independent.ie/world-news/mothercare-uk-losses-widen-on-costs-of-restructuring-plan-38143910.html
The collapse of British Steel Limited, with the potential loss of at least 5,000 jobs, has once again exposed deep fault lines in the governments laissez-faire economic ideology and in Britains shareholder-centric model of corporate governance.
The government clings to its do-nothing approach, justifying its rejection of financial support, a bailout or public ownership of British Steel because these options would be illegal under the EU state-aid laws.
Yet the UK government conjured up billions of pounds to bail out banks through loans, guarantees and an extensive quantitative-easing programme. It brought the East Coast rail service and other lines back into public ownership. None of this was opposed by the EU.
The government doled ou…
Read the full article at: https://www.theguardian.com/commentisfree/2019/may/24/british-steel-scandal-private-equity-unchecked
Pictured: Gillian Doyle, CEO and Kenneth Doherty, COO
In our Ones to Watch section, we highlight some of the top up and coming businesses in Ireland. This week we feature Cerebreon.
What is it?
Cerebreons intelligent debt recovery platform, CORTX Insolvency, is the first deep learning platform in the UK insolvency market which predicts when a consumer is likely to default on their arrangement and when. This allows insolvency firms to step in and take preventative action and improve recovery for the creditors.It automatically extracts, validates and processes all insolvency documents and supporting data using machine learning to >98% accuracy, delivering a substantial reduction in operational costs while simultaneously ensuring the best …
Read the full article at: https://businessandfinance.com/ones-to-watch-cerebreon/
Asset Backed Management Limited was wound up on 7 May 2019 by Judge Barton at the High Court in London following an investigation by the Insolvency Service. The Official Receiver has been appointed as liquidator.
The court heard that Asset Backed Management, incorporated in January 2017, sold asset investment opportunities to members of the public, including corporate bonds and alternative bonds.
The company would contact prospective customers by cold-calling them, as well as promoting its business through the website www.assetbackedmanagement.com.
Asset Backed Management was paid commission by the issuers of the bonds, ranging between 27.5% and 40%, deducted from the customers investments.
Following complaints, however, the I…
Read the full article at: https://www.miragenews.com/court-winds-up-asset-investment-company/
The U.K. High Court on Wednesday placed British Steel Ltd. into compulsory liquidation after the steel maker failed to obtain last-minute rescue funds from the government.
The company, which employs more than 5,000 people, will continue operating while the governments Official Receiverthe liquidatorexplores options for the business, including a potential sale, according to a spokesman for the office.
Staff have been paid and will continue to be employed, the Official Receiver, a court-appointed civil servant for the U.K. Insolvency Service, said in a statement.
…
Read the full article at: https://www.wsj.com/articles/british-steel-enters-liquidation-citing-hit-from-brexit-uncertainty-11558543887
A Conewango Valley man who helped defraud more than 100 small business owners out of $397,249 through a debt restructuring scheme was sentenced Thursday to time served in prison, which equaled 9 months.
Prosecutors wanted U.S. District Judge Lawrence J. Vilardo to send Mark Farnham to prison for 27 months.
Farnham, 26, who pleaded guilty to conspiracy to commit bank fraud, was a manager for Corporate Restructure, a firm in Salamanca and Buffalo, and with other affiliated companies that in 2016 mailed solicitations to small business owners claiming it could help them lower their debts with other lenders by 50 percent to 75 percent, U.S. Attorney James P. Kennedy Jr. said.
When talking with victims, Farnham used aliases and lied about…
Read the full article at: https://buffalonews.com/2019/05/23/man-sentenced-defrauding-100-businesses/