The wife of ex-Westlife singer Shane Filan has been declared bankrupt six years after her husband followed the same action for debts of more than 20 million.

Gillian Filan was declared bankrupt…

Read the full article at: https://www.independent.ie/irish-news/gillian-filan-wife-of-exwestlife-singer-shane-declared-bankrupt-37183873.html

He was famously declared bankrupt in 2012 with debts of 23m.

And now, six years later, Shane Filan’s wife, Gillian, has followed suit with her own financial trouble.

The ex-Westlife singer’s partner was ruled bankrupt by the High Court on July 23, according to official legal documents.

A representative for the former boyband star confirmed the news on Friday night.

The rep said that while the couple would not be making further comment, Gillians bankruptcy is relating to joint loans she shared with her famous husband – the same loans that left Shane millions of euro in debt.

Shane and his brother Finbarr got into fina…

Read the full article at: https://www.mirror.co.uk/3am/celebrity-news/gillian-filan-wife-westlifes-shane-13030281

The wife of ex-Westlife singer Shane Filan has been declared bankrupt – six years after the crooner was forced to do the same due to debts of 23m.

Gillian Filan, whose address is listed as St Helens, Cregg, Ballincar, Co Sligo, was ruled bankrupt by the High Court on July 23, according to official legal documents.

A representative for the former boyband star confirmed to the Irish Mirror on Friday night that his wife had been declared bankrupt.

The rep said that while the couple would not be making further comment, Gillians bankruptcy is relating to joint loans she shared with her famous husband – the same loans that left Shane millions of euro in debt.

Shane and his brother Finbarr got into financial difficulty during the recession afte…

Read the full article at: https://www.irishmirror.ie/showbiz/irish-showbiz/gillian-filan-wife-ex-westlife-13029679

WE’VE all heard of the benefits of refinancing to get a better deal on your home loan, particularly a more competitive interest rate.

But what if refinancing could also help you buy an investment property?

“Borrowers may be able to refinance their existing home loan to access equity they may have built in their property, in order to buy an investment property,” Mortgage Choice chief executive Susan Mitchell said.

Refinancing with the aim of buying an investment property could allow borrowers to grow their wealth, according to Ms Mitchell, as, generally speaking, property was considered a safe asset class in Australia with decent returns over the long term.

“CoreLogic found that over the 10 years to June 2018, …

Read the full article at: https://www.news-mail.com.au/news/refinancing-to-invest-when-your-homes-equity-could/3484771/

WE’VE all heard of the benefits of refinancing to get a better deal on your home loan, particularly a more competitive interest rate.

But what if refinancing could also help you buy an investment property?

“Borrowers may be able to refinance their existing home loan to access equity they may have built in their property, in order to buy an investment property,” Mortgage Choice chief executive Susan Mitchell said.

Refinancing with the aim of buying an investment property could allow borrowers to grow their wealth, according to Ms Mitchell, as, generally speaking, property was considered a safe asset class in Australia with decent returns over the long term.

“CoreLogic found that over the 10 years to June 2018, …

Read the full article at: https://www.gladstoneobserver.com.au/news/refinancing-to-invest-when-your-homes-equity-could/3484771/

Investors in the $1.6bn Abraaj Group fund have hired advisory firm Alvarez & Marsal to help recover money owed by the troubled Middle Eastern private equity firm.

The New York-based company will represent Abraaj Private Equity Fund IVs backers in talks with liquidators as they seek to recover more than $99 million owed by the Dubai-based buyout firm, people with knowledge of the matter told Bloomberg.

As reported by International Investment, court-appointed liquidators Deloitte and PricewaterhouseCoopers are trying to settle more than $1 billion of debt owed by Abraaj, once one of the most influential emerging-market investors until its demise this year.

Alvarez will also represent the fund if its elected to a liquidators committee for Abr…

Read the full article at: http://www.internationalinvestment.net/legal-services/1-6bn-abraaj-fund-investors-hire-advisers-to-help-recover-debt/

When you count up how much money you have saved for retirement, do you factor your debt into the calculation?

Coming to terms with debt has become a major part of retirement planning. A study released earlier this year by the Employee Benefit Research Institute (EBRI) found that debt levels among older Americans have grown to a disturbing degree over the years, enough that they now pose a serious threat to retirement security.

Senior debt crippling retirement security

Here are some of the EBRI findings that document how debt has become an increased threat to retirement security:

1. In 1992, 51.5 percent of families aged 55 and over had debt. By 2016, that number had soared to 68 percent.
2. Senior debt is not just a low-income problem. In fact, hig…

   Read the full article at: https://www.money-rates.com/advancedstrategies/debt-threatens-retirement-security.htm

   
   
   
   

   Galway Bay fm newsroom Almost 50 people in Galway have reached arrangements on debts or have been made bankrupt since the beginning of the year.
   Thats according to a new report from the Insolvency Service of Ireland.
   13 people in Galway have been declared bankrupt since January, with 30 others having reached Personal Insolvency Arrangements.
   In the longer term, 112 Galway residents were declared bankrupt over the last four years while 182 people have reached arrangements such as debt settlements or debt relief in the same period.
   Nationally, Galway has the 6th highest rate of personal insolvencies and bankruptcy, with Dublin, Cork and Kildare topping the list.