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On 23 January at Cardiff Crown Court, Darren Brian Pole (48) received a six-month sentence, suspended for two years, having been found guilty of failing to disclose an asset in his bankruptcy.
Darren Pole, a self-employed tiler, was declared bankrupt in October 2013 following a petition by the tax authorities for unpaid taxes of more than 100,000.
People who are made bankrupt have a duty to declare their assets, which will be used to pay off their debts. Initially Darren Pole told the Official Receiver that he only owned two properties that had no equity in them.
However, following the appointment of a Trustee in Bankruptcy, further investigations identified a third property owned by Darren Pole. The property was mortgage-free…
Read the full article at: https://www.miragenews.com/cardiff-bankrupt-sentenced-for-hiding-assets-from-official-receiver/
On 23 January at Cardiff Crown Court, Darren Brian Pole (48) received a six-month sentence, suspended for two years, having been found guilty of failing to disclose an asset in his bankruptcy.
Darren Pole, a self-employed tiler, was declared bankrupt in October 2013 following a petition by the tax authorities for unpaid taxes of more than 100,000.
People who are made bankrupt have a duty to declare their assets, which will be used to pay off their debts. Initially Darren Pole told the Official Receiver that he only owned two properties that had no equity in them.
However, following the appointment of a Trustee in Bankruptcy, further investigations identified a third property owned by Darren Pole. The property was mortgage-free and ha…
Read the full article at: https://www.gov.uk/government/news/cardiff-bankrupt-sentenced-for-hiding-assets-from-official-receiver
BOSTON – College students are taking on more debt than ever. In fact, student loan de…
Read the full article at: https://www.boston25news.com/news/as-education-costs-rise-employers-are-helping-pay-off-student-loans/912167288
A miracle is a surprising and welcome event that is not explicable by natural or scientific laws and is therefore considered to be the work of the divine. When Christians talk about a miracle, they mean an event that is not normal that is, one that should not be able to happen according to the laws of nature.
The Gospels describe 35 miracles that Jesus performed. Over half of these miracles are about Jesus healing sick people. Others describe Jesus casting out demons from people. On three occasions, Jesus brought dead people back to life. The rest of the stories show Jesus power over things changing water into wine, feeding a great crowd with very little food, walking on water, calming a storm. This is just a snapshot of the miracles …
Read the full article at: https://www.beliefnet.com/inspiration/financial-inspiration-center/6-prayers-to-help-get-rid-of-all-my-debt.aspx
The new FE insolvency regime is designed to improve the sustainability of the FE sector, says Stephanie Mason, who explains what colleges need to know
On 31 January 2019 the further education insolvency regime comes into force, meaning that for the first time it will be possible for colleges to fail and be placed into an insolvency process. The new legislation, which is similar to the measures introduced last year for private registered providers of social housing, will apply aspects of corporate insolvency law to colleges that are statutory corporations. There will also be a new special administration regime known as education administration, with a special objective to protect learner provision for existing students at an insolven…
Read the full article at: https://feweek.co.uk/2019/01/31/what-does-the-new-insolvency-regime-mean-for-colleges/
A DALBY business has been left $1.6million out of pocket after the French government-owned company, Areva Solar KCP, went into liquidation weeks after it was ordered by a Supreme Court to pay hundreds of thousands of dollars.
Father and son duo Hermes and Steven Speziali own the family business Nortask and were embroiled in a legal battle after the failed Kogan Creek Solar Boost project, operated by Areva Solar KCP and CS Energy, forced them to lay off workers and cost millions in legal assistance, and damage to their property.
The project allegedly went pear-shaped when the materials, purchased by Areva Solar KCP, were found to be defective, according to Steven.
“CS Energy put a hold on the project to sort out these problems…
Read the full article at: https://www.sunshinecoastdaily.com.au/news/local-business-left-in-the-lurch/3636166/
Americans had been doing a better job staying out of debt over the last decade, relative to the personal debt levels seen before the Great Recession.But that scenario is changing.
U.S. adults racked up a total of $1.029 trillion in credit card debt at the end of 2017, according to the Federal Reserve.That amounts to $8,732 per U.S. household, the federal government reports. Worse, way too many credit card customers are paying high-interest rates – often at 20% or higher.
With credit card debt so high, and student loan debt rising to astronomical levels, one way to get on the path to financial recovery is to take out a debt consolidation loan.
These loans can save the day for Americans dealing with high debt burdens, if they manage the …
Read the full article at: https://www.thestreet.com/personal-finance/what-is-consolidated-debt-14847767