Lawmakers in several states are working to expand medical debt protections for patients, even after the Trump administration reversed course and told states they don’t have authority to take action on credit reporting.
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States advance medical debt protections as federal support turns to opposition Medical Xpress
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Key Developments for Investors and Shareholders
Aspen (Group) Holdings Limited (“Aspen” or “the Company”) has issued a formal update to shareholders regarding the ongoing liquidation of several of its subsidiaries. The announcement, dated 29 December 2025 and signed by President and Group CEO Dato’ Murly Manokharan, confirms that there have been no material developments since the Company’s last announcement on 28 November 2025.
Key Points from the Report
- Subsidiaries in Liquidation: The subsidiaries affected are Aspen Glove Sdn. Bhd. (in liquidation), Kanada-Ya SG Pte. Ltd. (in liquidation), and Kanada-Ya Restaurants…
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Warning: This story contains discussion of addiction and suicide.
Last month, Paul Fung’s friend took his life after battling a gambling addiction.
Mr Fung has lost people to gambling before, some of whom never sought help.
“The ramifications, for family, partner, somebody they know … [they have] to investigate what has occurred without them actually knowing because the story has been untold,” he said.
“I’ve heard a lot of that … I didn’t even know they gambled.“
Mr Fung knew what it was like to live with a debilitating gambling addiction.
“I woke up not needing to brush my teeth, have a shower, eat or do anything — the need was to get money to gamble,” he said.
Mr Fung started moving…
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Corporate bankruptcies are reaching levels not seen since the Great Recession — with inflation, high interest rates and punishing tariffs pushing hundreds of companies over the edge in 2025, according to a new report.
At least 717 US companies filed for bankruptcy through November, according to S&P Global Market Intelligence, a 14% jump from the same period last year and the highest total since 2010.
Among large-scale companies that went belly-up this past year were pharmacy chain Rite Aid, the genetics testing firm 23andMe, fast-casual dining spot Hooters and no-frills carrier Spirit Airlines.
The surge in bankruptcies is being driven by a toxic mix of stubborn cost…
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Even modest adjustments can make a difference by the time the year winds down. Financial planners shared five realistic steps that can help people start the New Year feeling more in control of their money, as per a report.
Experts urge reviewing credit reports before starting a debt plan
Before making a debt plan, experts recommend understanding exactly what you owe. Melissa Cox, a certified financial planner at Future-Focused Wealth in Dallas pointed out…
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Dana Downey of Pennsylvania speaks at a roundtable on Capitol Hill on Sept. 13, 2023, in Washington, D.C. Health advocates and community members gathered in Washington D.C. to push the Biden administration to take additional action on medical debt in an event hosted by Community Catalyst, a national organization fighting for race equality and health justice.
In Alaska and Michigan, legislators are nonetheless advancing bills to…
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The Ministry of Finance and Economic Affairs has published its Medium-Term Debt Management Strategy (MTDS) for 2026–2030. The MTDS describes arrangements for Treasury debt financing over the period and sets forth targets and criteria for the implementation of debt management.
The Strategy creates a framework for decisions on Treasury borrowing and debt administration. Its key objective is to ensure that the Government’s financing needs and payment obligations are met at the lowest possible cost consistent a prudent degree of risk.
The Strategy lays down debt management targets and criteria, describes the current structure of the Treasury debt portfolio, and outlines the key risks involved. It also describes the institutional…
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Six freight carriers filed for bankruptcy in November, with some unsecured claims going well into six figures.
These transportation firms filed for Chapter 11 bankruptcy, according to U.S. Bankruptcy Court documents obtained by Equipment Finance News:
- Empire Trimodal Terminal filed Nov. 19 in the northern district of West Virginia;
- Orange Courier filed Nov. 21 in the central district of California;
- P Judge & Sons Trucking filed Nov. 14 in the district of New Jersey;
- S & L Trucking filed Nov. 12 in the northern district of Mississippi;
- US Sikh Transport filed Nov. 11 in the eastern district of California; and
- VP Direct filed Nov. 6 in n district of Illinois.
Truck leasing and…
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17 Iconic ’70s Restaurants That Went Bankrupt AOL.com
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Debt-Free Degree Academy helping students secure scholarships, reduce cost of college KNOE
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Supreme Court IBC Moratorium Doesn’t Bar Voluntary Surrender Of Corporate Debtor’s Leased Property To Lessor: Supreme Court Cause Title: Sincere Securities Private Limited & Ors. Versus Chandrakant Khemka & Ors. Citation : 2025 LiveLaw (SC) 774 The Supreme Court on Tuesday (August 5) held that the moratorium under the Insolvency and Bankruptcy Code, 2016 (IBC), does…


