Dawn Wells, AKA Mary Ann on Gilligans Island, says she is broke.
Dawn Wells is no longer broke. RadarOnline.com has learned the Gilligans Island star has received more than $188,000 in donations to her GoFundMe page.
The happy news comes days after the 79-year-old actress longtime friend and hairdresser Dugg Kirkpatrick broke the news that she was in deep debt.
After starting the fund, Kirkpatrick said Wells was spending huge quantities on hospital bills and had lost most of her life savings. He added that she was facing IRS penalties at her old age, as well as medical bills totaling $194,000.
Soon, fans and friends chipped in with small and large amounts, to help the str…
Read the full article at: https://windsorstar.com/entertainment/celebrity/gilligans-island-star-dawn-wells-friend-helps-dig-her-out-of-debt/wcm/6fc2ca53-1d7a-4c47-bfa4-e5cdc57053c8
Balmain Tigers have demonstrated their traditional fighting spirit, staving off voluntary administration by negotiating a significant financial contribution from Heworth Pty Ltd, the developer who took control of their Rozelle site 18 months ago.
Rumours have swirled for days that Balmain, a 1908 foundation club, would be forced into voluntary administration, almost 10 years to the day after the start of the global financial crisis, which halved the value of their assets.
Glory days: Balmain have a rich heritage in Sydney rugby league, including the club’s final premiership in 1969.
Photo: Fairfax Media
Balmain’s two licensed clubs, at Sydney Markets and Five Dock, have not provided the cash flow necessary to meet all its obligations, but …
Read the full article at: https://www.brisbanetimes.com.au/sport/nrl/balmain-stave-off-voluntary-administration-but-fight-is-far-from-over-20180913-p503kt.html
The restaurant industry sure seems to be struggling these days. To wit:
Noon Mediterranean, formerly known as Verts, filed for bankruptcy protection.
Just last week, Mike Isabella Concepts declared bankruptcy. So did Rubys Diner. This after Real Mex Restaurants filed last month.
Barnes & Noble admitted that its full-service restaurant experiment has been a major challenge.
Oh, and Taco Bueno just said its closing 16 locations.
All of this bad news apparently isnt stopping investors from pumping more millions into growth concepts.
Jollibee Foods Corp. invested $12.4 million into Rick Bayless fast-casual concept Tortas Frontera.
Not to be outdone, a bunch of well-known investors pumped $21 million into a single concept that has been open for…
Read the full article at: https://www.restaurantbusinessonline.com/financing/why-do-some-restaurants-get-millions-while-others-go-bankrupt
DEBT stalks Africa once again. Over the past six years sub-Saharan governments have issued $81bn in dollar bonds to investors hungry for yield. Piled on top of this are murkier syndicated loans and bilateral debts, many to China and tied to big construction projects. Public debt has climbed above 50% of GDP in half the countries in sub-Saharan Africa. The risk of a crisis is growing. Consider Zambia. In 2012 this southern African country could borrow more cheaply than Spain. Now bond yields have jumped above 16%, suggesting that investors fear that it will default (see article). This fall from grace offers several lessons.
Time to tighten the copperbelt
Upgrade your inbox and get our Daily Dispatch and Editor’s Pic…
Read the full article at: https://www.economist.com/leaders/2018/09/15/zambias-looming-debt-crisis-is-a-warning-for-the-rest-of-africa
THE liquidator of a failed Rockhampton building company has released its report – and it’s not good news for the company’s 138 unsecured creditors.
Metro Builders ceased trading on June 9, more than six months after becoming insolvent, owing more than $2.4million.
On Tuesday, director and sole shareholder Glen Finning declared personal bankruptcy.
Liquidator Christopher Baskerville from Jirsch Sutherland Insolvency Solutions said data analysis showed cash-flow was “ok” until November 30, 2017 – the date of insolvency – but the company never recovered from then.
He also confirmed that Mr Finning’s wife Brenda had owned a house bought by the company in 2015 for $2.5million, but there was nothing suspicious abou…
Read the full article at: https://www.themorningbulletin.com.au/news/bleak-news-for-138-creditors-in-metro-builders-col/3520525/
Is debt consolidation the best plan for you to pay off a debt? Debt consolidation refers to getting a loan to pay off all your other loans. By doing this, you are effectively bringing all your debts into one huge loan. It has to be paid off within a single month. This is what we refer to as consolidation.
However, it is technically impossible to pay off all your debts at once because they all have different interest rates. Moreover, loans have different payment periods.
For you to consolidate your loans, you may have to take a new loan, quite considerable in size, that can sustain the small loans.
Debt consolidation loans are given out by …
Read the full article at: https://augustafreepress.com/tips-to-making-your-debt-consolidation-strategy-effective/
WASHINGTON Senate Democrats are demanding written answers from Supreme Court nominee Brett Kavanaugh to more than 1,000 questions following a four-day confirmation hearing last week that elicited more heat than light.
The queries go beyond the law to policy, politics and Kavanaugh’s personal life, including his finances and potential benefactors. Several senators sought details on the federal appeals court judge’s debt-fueled purchase of baseball tickets and asked if he has been a gambler.
The avalanche of questions follows more than 20 hours of testimony last week and some 17,000 pages of personal backup material submitted to the Senat…
Read the full article at: http://www.newsbug.info/news/national/indiana/baseball-tickets-gambling-debts-democrats-dig-for-answers-from-supreme/article_2bf4b064-e016-56dd-a3d7-371efa8e8274.html
KUALA LUMPUR, Sept 13 Prominent lawyer Tan Sri Muhammad Shafee Abdullah built a reputation for getting people off charges as grave as murder, drug trafficking and corruption, but is now in the dock just like his varied clients.
Shafee used to working from the outside as counsel for high-profile politicians and businessmen was formally accused today of the same crime for which he is defending former prime minister Datuk Seri Najib Razak, who was charged last month with money laundering to the tune of RM42 million.
The 66-year-old lawyer is more recently known for successfully leading the prosecution in its appeal against the High Court acquittal of Datuk Seri Anwar Ibrahim in the Sodomy II trial, which saw the PKR leader imprisoned in 20…
Read the full article at: https://sg.news.yahoo.com/shafee-abdullah-formidable-lawyer-now-080747341.html
The National Company Law Appellate Tribunal has ordered liquidation of Kamineni Steel & Power (KSPL), scrapping the lower bankruptcy courts decision clearing a debt resolution plan that didnt have the approval of 75% of the companys lenders.
The order came on a challenge by Indian Overseas Bank, which moved the appellate body after the National Company Law Tribunal (NCLT) in last November approved the resolution plan.
KSPL, part of the Hyderabadheadquartered Kamineni group, had earlier moved the NCLT seeking resolution of its loan accounts that were declared nonperforming by lenders. It also submitted a resolution plan to Indian Bank, which heads a consortium of lenders consisting of Oriental Bank of Commerce, Allahabad Bank, Indian Ov…
Read the full article at: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/nclat-orders-liquidation-of-kamineni-steel-power/articleshow/65793126.cms
A Munich district court has rejected a claim brought by a German bank against a customer who refused to repay their gambling debt, further complicating the countrys payment blocking regime.
A February ruling, which became final last week, held that Landesbank Berlin could not hold a Visa credit card holder responsible for a gambling debt because online casinos are not legal in Germany.
The court said the payment was marked with a specific merchant category code that identified the transaction stemmed from gambling, and the bank could have easily determined whether the online operators were on a whitelist of approved operators.
The player was also charged as much as 30 extra for a transaction carrying that code, according to the ruling.
Read the full article at: https://paymentscompliance.com/premium-content/insights_analysis/german-payment-blocking-complicated-gambling-debt-ruling