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A Buxton shoe firm which employed 50 staff has gone into voluntary liquidation. The decision was taken after Bells Shoes
A Buxton shoe firm which employed 50 staff has gone into voluntary liquidation. The decision was taken after Bells Shoes
As dozens of problem gamblers in Northland are being helped to quit the habit, counsellors are seeing an increase in
We would like to inform you that the 3rd meeting of Committee of Creditors of Sterling International Enterprises Limited is
Katie Price goes shopping at POUNDLAND weeks before bankruptcy hearing... as she faces possible homelessness thanks to debts of up
Katie is keen to keep things cheaper (Picture: Quest)Katie Price has turned a touch thriftier after she narrowly dodged bankruptcy
I met a young entrepreneur who runs a debt-solutions business that helps people who cannot get out of their financial
LoadingWhat is particularly egregious is that energy companies are making such demands on their customers who are in financial difficulty,
Vodafone expects its long-suffering UK business to report stronger profits in the second half of the year as it reaps
I met a young entrepreneur who runs a debt-solutions business that helps people who cannot get out of their financial
Afrikaner rights group AfriForum said over the weekend they might have to attempt to have EFF leader Julius Malema and
After our last story on Telltale Games in September, things have progressed and the game company is now gone for

A Buxton shoe firm which employed 50 staff has gone into voluntary liquidation.

The decision was taken after Bells Shoes lost an account with Clarks which accounted for nearly half of the firms 18m turnover.

Redfoot Shoes, which is based in Bacup in East Lancashire, has announced it is investing over 1m to develop the online operation of Bells Shoes after buying its website, stock and intellectual property.

Bells Shoes has now gone into solvent voluntary liquidation as part of a planned wind-down which began earlier this year.

Steven Wiseglass, an insolvency practitioner and director at Greater Manchester firm Inquesta, has been appointed liquidator.

Bells Shoes comprised the online business and a shop in Buxton.

The shop has been rebran…

Read the full article at: https://www.thebusinessdesk.com/eastmidlands/news/2020238-50-jobs-lost-as-shoe-company-goes-into-voluntary-liquidation

A Buxton shoe firm which employed 50 staff has gone into voluntary liquidation.

The decision was taken after Bells Shoes lost an account with Clarks which accounted for nearly half of the firms 18m turnover.

Redfoot Shoes, which is based in Bacup in East Lancashire, has announced it is investing over 1m to develop the online operation of Bells Shoes after buying its website, stock and intellectual property.

Bells Shoes has now gone into solvent voluntary liquidation as part of a planned wind-down which began earlier this year.

Steven Wiseglass, an insolvency practitioner and director at Greater Manchester firm Inquesta, has been appointed liquidator.

Bells Shoes comprised the online business and a shop in Buxton.

The shop has been rebran…

Read the full article at: http://www.thebusinessdesk.com/eastmidlands/news/2020238-50-jobs-lost-as-shoe-company-goes-into-voluntary-liquidation

As dozens of problem gamblers in Northland are being helped to quit the habit, counsellors are seeing an increase in online gambling that is leaving cash-strapped families further in debt.

The rise is worrying those who work with problem gamblers, with one reporting
a gambler spending $2000 a night online.

Nga Manga Puriri Northland Problem Gambling Services, already bursting at the seams with about 60 problems gamblers on its books, is dealing with an additional five to six online gamblers between young and middle-aged groups a month.

It comes after figures released by the Department of Internal Affairs show Northlanders spent $8.6 million on gaming machines in the third quarter of this year – nearly $137,000 more than the second q…

Read the full article at: https://www.nzherald.co.nz/northern-advocate/news/article.cfm?c_id=1503450&objectid=12159389

We would like to inform you that the 3rd meeting of Committee of Creditors of Sterling International Enterprises Limited is scheduled to be held on Monday, 19th November 2018 at 12:30 P.M. IST at SREI Infrastructure Finance Limited, Paradise Building, 51K/51L, Bhulabhai Desai Road, Near Shyam Niwas & Benzer Showroom, Breach Candy, Mumbai-400026 Maharashtra, India.

You are requested to take the same on record.

Pdf Link:
Sterling International Enterprises Ltd. – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors

Source : BSE – www.bseindia.com

Read the full article at: https://www.thehindubusinessline.com/companies/announcements/others/sterling-international-enterprises-ltd-corporate-insolvency-resolution-process-cirp-intimation-of-meeting-of-committee-of-creditors/article25535846.ece

Katie Price goes shopping at POUNDLAND weeks before bankruptcy hearing… as she faces possible homelessness thanks to debts of up to 500,000

Andrew Bullock For Mailonline

Katie Price went shopping at high street bargain store Poundland on Sunday, weeks before she is set to be declared bankrupt.

The former glamour model-turned-TV star, 40, was seen at a London branch of the store, lugging rolls of wrapping paper and a bag of items, presumably getting Christmasshopping done early.

Clearly not concerned with remaining conspicuous as she vi…

Read the full article at: https://www.dailymail.co.uk/tvshowbiz/article-6403191/Katie-Price-goes-shopping-POUNDLAND-weeks-set-declared-bankrupt.html

Katie is keen to keep things cheaper (Picture: Quest)

Katie Price has turned a touch thriftier after she narrowly dodged bankruptcy last month.

While the 40-year-old could still face being declared formally bankrupt, after she was given five weeks to repay her debts, the reality star is clearly making some smart decisions with her money as she picked up some Christmas supplies from her local Poundland recently.

Toting several bags after the shopping trip with a pal, believed to be the familys nanny Lauren, the former glamour model looked pleased with her loot, that appeared to include several rolls of festive wrapping paper and bags of other supplies.

Katies arms were full of bargains (Picture: BACKGRID)
The basket was read…

Read the full article at: https://metro.co.uk/2018/11/18/katie-price-saves-some-cash-as-she-shops-at-poundland-after-dodging-bankruptcy-8152940/

I met a young entrepreneur who runs a debt-solutions business that helps people who cannot get out of their financial mess. Like others in its industry, this business provides budgeting advice, assists clients with payment arrangement with creditors and lends money.

Sadly, business is booming. I say sadly because nobody likes to see people wreck their life because they borrowed too much money and wasted it. But thedebt-consolidationbusinesses provide a service for people whose debt resembles a runaway train.

He said some clients have $80,000 on credit cards, interest bills that cannot be met, and debt that can never be repaid. Often, the debt relates to the purchase of jet skis, holidays in Bali, swimming pools and other goods that should …

Read the full article at: http://www.thebull.com.au/premium/a/78372-debt-consolidator-fsa-benefits-for-rising-demand-for-debt-arrangements.html

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What is particularly egregious is that energy companies are making such demands on their customers who are in financial difficulty, even though new rules will outlaw some of this conduct in six weeks time in Victoria.

Come January 1, under reforms introduced by the Essential Services Commission, an energy retailer will be required to offer assistance to all customers to prevent debt spiralling out of control. Customers will no longer have to provide financial information as a condition of accessing help when they are in financial difficulty. And the more financial difficulty someone is in, the more assistance the retailer is expected to provide.

Im particularly relieved that retailers will not be able to require a customer to seek a…

Read the full article at: https://www.smh.com.au/business/consumer-affairs/power-payment-plans-yet-another-cruel-twist-amid-rising-bills-20181116-p50gje.html

Vodafone expects its long-suffering UK business to report stronger profits in the second half of the year as it reaps the benefits of a wide-ranging restructuring in its home market.

The company has struggled for a decade in the UK as attempts to revive growth in its local mobile phone business have failed to bear fruit.

The UK business, which has 19m customers, has been known as the weakest link in Vodafones European empire by analysts. The 2012 acquisition of struggling Cable & Wireless Worldwide dragged down the financial performance in the UK and a botched upgrade of its systems caused customer complaints, reputational damage and gave rise to a hefty 5m fine from regulator Ofcom.

Vodafones first-half results, published last week…

Read the full article at: https://www.ft.com/content/001114be-e9b6-11e8-885c-e64da4c0f981

I met a young entrepreneur who runs a debt-solutions business that helps people who cannot get out of their financial mess. Like others in its industry, this business provides budgeting advice, assists clients with payment arrangement with creditors and lends money.

Sadly, business is booming. I say sadly because nobody likes to see people wreck their life because they borrowed too much money and wasted it. But thedebt-consolidationbusinesses provide a service for people whose debt resembles a runaway train.

He said some clients have $80,000 on credit cards, interest bills that cannot be met, and debt that can never be repaid. Often, the debt relates to the purchase of jet skis, holidays in Bali, swimming pools and other goods that should …

Read the full article at: http://thebull.com.au/premium/a/78372-debt-consolidator-fsa-benefits-for-rising-demand-for-debt-arrangements.html

Afrikaner rights group AfriForum said over the weekend they might have to attempt to have EFF leader Julius Malema and his party declared bankrupt in an effort to squeeze out the last of the legal costs the party still owes AfriForum.

On Wednesday, two separate judges of the High Court in Pretoria granted two further costs orders against Malema and the EFF in favour of AfriForum.

However, AfriForums application for the court to send Malema to jail for six months and fine the EFF R500,000 for ignoring a court order interdicting them from inciting illegal land invasions was removed from the court roll.

This was after the EFF failed to file its opposing affidavit on time, sought a postponement and offered to pay the wasted legal costs. The…

Read the full article at: https://citizen.co.za/news/south-africa/2037864/afriforum-may-attempt-to-have-eff-malema-declared-bankrupt/

After our last story on Telltale Games in September, things have progressed and the game company is now gone for good. News broke in the US this week confirming that Telltale Games has entered into liquidation and will basically cease to exist come end of November.

The process essentially involves a sell-off of all the companys assets, likely including game titles, intellectual property and the like, with the proceeds used to pay off creditors. Indications are the process wont take very long.

Telltales CEO Pete Hawley has also deleted his Twitter account and his LinkedIn profile indicates he ceased in this role last month.

In September, indications were the company would continue operations to complete The Walking Dead:…

Read the full article at: https://ausdroid.net/2018/11/18/telltale-games-now-gone-good-company-liquidation/