Insolvency Guardian Media Centre
Exploris Expeditions & Cruises was placed under liquidation by a commercial court in France and will cease its operations on Nov. 7, 2025.
According to reports in the French media, the cruise line wasn’t able to present a viable recovery plan after being placed in receivership in early October.
The French had company operated the Exploris One on expedition itineraries to remote and polar regions.
Previously in service for Silversea as the Silver Explorer, the 1989-built vessel is currently laid up at the port of Las Palmas in Spain’s Canary Islands.
L’Echo Touristique reported that all future cruises scheduled to be operated by the 132-guest ship are now cancelled.
The French newspaper added that the company made “sustained…
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PENSACOLA, Fla. — After word spread about Pensacola’s Transformation Church helping eliminate $6.5 million worth of medical debt for locals, executive pastor Justin Oswald says their efforts are only a drop in the bucket.
“There’s still more there! Had we had enough money available to do that, there was more money for more people in Escambia County,” he said. “If we had $100k, it’s about $15 million we could’ve done.”
Over the last 11 years, Undue Medical Debt has acquired and paid off more than $22 billion of medical debt for over 14 million families.
The company partners with faith-based organizations and foundations by converting every dollar contributed into $100 of medical debt relief on average.
“Unfortunately, medical debt is…
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New Jersey and Florida Advance Medical Debt Relief Efforts ACA International
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States accuse DOE of targeting student debt relief for public servants who defied Trump Courthouse News
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States accuse DOE of targeting student debt relief for public servants who defied Trump Courthouse News
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BOSTON – AFSCME has teamed up with a number of cities, unions and nonprofits to sue the U.S. Department of Education over unlawful changes to the Public Service Loan Forgiveness (PSLF) program.
The lawsuit accuses the Trump-Vance administration of illegally hijacking PSLF to silence governments and nonprofit organizations that do work the administration doesn’t like.
The administration’s action breaks a decades-old bipartisan congressional promise to support those who choose to dedicate their careers to public service.
The new PSLF rule would allow the…
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Medical Debt Relief City of Lexington, Kentucky (.gov)
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Debt Relief as Currency Strategy: China’s Renminbi Push in Africa The Diplomat – Asia-Pacific Current Affairs Magazine
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The first lawsuit challenging a new rule to alter a major student-loan forgiveness program for public servants has arrived.
On Monday, advocacy groups Protect Borrowers and Democracy Forward filed a lawsuit on behalf of over a dozen cities, labor unions, and nonprofits over President Donald Trump’s new rule to limit the Public Service Loan Forgiveness program.
PSLF was established by Congress in 2007 to forgive student debt for government and nonprofit workers after 10 years of qualifying payments. Last week, Trump’s Education Department announced that it finalized a rule to limit the eligibility of the program to bar employers who engage in activity that does not align with the administration, like working…
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Americans are feeling a credit crunch: U.S. consumers held a record $1.21 trillion in credit card debt in the second quarter of 2025, according to the New York Fed. Nearly half of cardholders carry a balance from month to month and the portion who are behind on even the minimum payment has risen to 12.3%, up from 10.9% in 2024 and 8% in 2023.
Credit cards and Buy Now, Pay Later plans make it easy for balances to balloon. And high interest rates mean it’s hard to make a dent in the principal.
If you’re facing this challenge, a debt relief company could help. In exchange for a fee of between 15% and 25%, these businesses will negotiate with your creditors in hopes of getting them to accept less than the full amount you owe.
If they’re…