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.
usatoday.com wants to ensure the best experience for all of our readers, so we built our site to take advantage of the latest technology, making it faster and easier to use.
Unfortunately, your browser is not supported. Please download one of these browsers for the best experience on usatoday.com
This Responsible Gambling Month, there is focus on the perilous rise of gambling as a financial lifeline for many South Africans struggling to make ends meet.
With a growing number of individuals impacted by economic challenges, the gambling industry has managed to position itself as a seemingly viable solution for those eager to stretch their financial resources. However, the reality is that gambling can deepen financial woes, leading to a concerning cycle of debt and dependency.
According to JustMoney’s inaugural large-scale survey, Money & Me, an alarming 3% of respondents opt for online gambling, even when faced with other popular options for cutting costs. This trend is particularly pronounced among those earning less than R5 000…
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
American Shipping Company ASA ( (ASCJF) ) just unveiled an announcement.
AMSC ASA held an extraordinary general meeting where it was resolved to approve the liquidation settlement, leading to the company’s final liquidation and removal from the Norwegian Register of Business Enterprises. This marks the end of AMSC ASA’s operations, impacting its stakeholders and concluding its presence in the maritime investment industry.
More about American Shipping Company ASA
AMSC ASA, established in 2005 and listed on the Euronext Oslo Stock Exchange,…
On Thursday, President Donald Trump’s Department of Education announced that it had finalized its rule to limit the Public Service Loan Forgiveness program, which forgives student debt for government and nonprofit workers after 10 years of qualifying payments.
Following an executive order in March that called on the Department of Education to redefine “public service” to align with the administration’s political views, the department held negotiations with stakeholders to craft the final rule. It will go into effect on July 1, 2026.
“Taxpayer funds should never directly or indirectly subsidize illegal activity,” Under Secretary of…
U.S. consumers owe a record $1.66 trillion in auto loan debt, according to the Consumer Federation of America, making it the largest category of consumer debt after mortgages. Nearly one in five (19.3%) borrowers have monthly car payments of at least $1,000, quadruple the number in 2019.
Auto lending is in turmoil, with delinquencies and defaults rising across income levels and credit tiers. Some 2.2 million cars have been repossessed so far this year — the highest number since the Great Recession.
Many borrowers are hoping the back-to-back rate cuts instituted by the Federal Reserve in September and October will create an inviting atmosphere for refinancing. When the Fed lowers its benchmark federal funds rate, interest rates on auto…
An extraordinary general meeting of AMSC ASA (under liquidation) (the Company) was held today as a digital meeting with online participation.
All resolutions were made in accordance with the proposals set out in the meeting notice published on 9 October 2025.
The general meeting resolved to approve the liquidation settlement and thus to finally liquidate the Company. The Norwegian Register of Business Enterprises has been notified of the resolution, and the Company will shortly be deleted from the register.
Minutes of the meeting are attached and will be made available on www.amscasa.com.
About AMSC ASA:
Established in 2005 and listed on the Euronext Oslo Stock Exchange, AMSC is a maritime investment company….
(The Center Square) – Two women who tried to get debt relief and down payment assistance through the Urban League of Metropolitan Seattle are speaking out about what they call “unfair treatment” and “lies” from members of the organization.
When The Center Square ran an article this week featuring a whistleblower who detailed alleged self-dealing within ULMS as part of the state’s Community Reinvestment Program, as originally reported by “unDivided” podcast host Brandi Kruse, the women reached out to share their stories.
Marie Thompson anonymously demanded £3,500 from a man arrested on suspicion of possessing indecent images of children
A former police officer has been jailed after she pretended to be a paedophile hunter and tried to blackmail a suspect in a bid to cover her gambling debts.
PC Marie Thompson, 29, had used a fake email address to demand £3,500 from the man arrested on suspicion of possessing indecent images of children, and then falsely told him she had been unable to find the perpetrator when he reported it to her.
Thompson, who worked for South Yorkshire Police, pleaded guilty to blackmail and perverting the course of justice at Leeds Crown Court.
She was sentenced to 40 months in prison on Thursday.
More fundamentally, we’re concerned that the relief scheme is just one part of what’s needed to tackle the problem of people simply not being able to afford their energy bills. Alongside much-needed debt write-off, we also need to see a driving up of debt collection standards, as well as an appropriate form of social tariff for low-income households to prevent debt from building up in the same way in the future. Without these, the debt relief scheme alone is like relying on a sticking plaster to heal a broken bone.
We’ll be looking in more detail at utilities arrears and affordability in our new policy research, just getting under way. By examining the evidence and experiences of our clients across energy, water and…
