Insolvency Guardian Media Centre
Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
NEW YORK, NY – October 31, 2025 – PRESSADVANTAGE –
Debt Support National has expanded its comprehensive debt relief programs to address the growing financial pressures facing American consumers struggling with mounting credit card balances and other unsecured debts. The expansion comes as recent Federal Reserve data shows household credit card debt has reached unprecedented levels, with millions of Americans seeking professional assistance to regain financial stability.
The expanded programs offer structured approaches to debt management, including debt consolidation options, settlement negotiations, and personalized financial counseling services. These initiatives are designed to help individuals across the United States navigate…
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When Mahindra Group, India‘s automotive giant, entered the Australian aircraft manufacturing business in 2009, it seemed like an ambitious but logical diversification. The company acquired GippsAero (Gippsland Aeronautics) and Aerostaff Australia, planning to manufacture 8- and 10-seater planes for the global market.
But what followed was 15 years of mounting losses, production shutdowns, and ultimately, a complete exit from the business.
What Went Wrong?
The problems were clear early on. In November 2020, Mahindra Deputy Managing Director and Group CFO Anish Shah announced they had “shut down our Gipps Aero business, which was into the manufacturing of 8- and 10-seater planes in Australia.”
Shah was blunt about the situation: “For the…
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Simbhaoli Sugars Ltd ( (IN:SIMBHALS) ) has issued an update.
Simbhaoli Sugars Limited has announced the cessation of Mr. Anil Sharma as the Company Secretary, Compliance Officer, and Key Managerial Personnel, effective from October 31, 2025. This change comes amidst the company’s ongoing Corporate Insolvency Resolution Process, with the Interim Resolution Professional, Anurag Goel, managing the company’s affairs following the suspension of the Board of Directors’ powers. The company is actively seeking a replacement for Mr. Sharma and…
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GRAND TRAVERSE COUNTY, Mich. (WPBN/WGTU) — 36% of American households are dealing with debt from medical care.
That’s a big number, impacting a lot of people.
A group of northern Michigan students is stepping up to try and help some strangers get relief.
Sara Bernstein, a teacher at North Ed Career Tech explains what sparked the fundraiser involving Health Science students.
“I found this nonprofit called Undo Medical Debt and it is run by former debt collecting CEOs. So they’ve taken everything they know about buying up bundles of debt for pennies on the dollar. They take donations, they buy up the debt, but then instead of aggressively pursuing the debt for collection, they forgive it,” said Bernstein.
The students who are future…
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401 New Mexico health professionals receive student loan debt relief KRQE
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Cinkciarz.pl review: Company declared bankrupt, clients have until November 26 Traders Union
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Founder of failed Wellington tech start-up declared bankrupt ThePost.co.nz
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A Christchurch retailer has failed to survive a crowded shoe market, resulting in debts to creditors of more than $600,000, including outstanding wages and holiday pay for staff.
Street Legal Shoes Limited has operated four retail stores in Christchurch, as well as Rangiora and Dunedin, and an online site since starting the footwear business in 2004.
After efforts to continue were unsuccessful, shareholders Hamish Mcdonnell, Jeremy Mcdonnell and Rachael Wyllie put the company into voluntary liquidation on October 21.
Ashton Wheelans accountant Andrew Oorschot was appointed liquidator and released his first liquidation report on October 29.
Staff were found to be out of pocket by more than $19,000 in wages and holiday pay. Unpaid…
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Radhagobind Commercial Limited Faces Insolvency Proceedings as NCLT Admits Petition scanx.trade