REVEALED: Latest business liquidations in Vincent dailytelegraph.com.au
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REVEALED: Latest business liquidations in Perth dailytelegraph.com.au
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REVEALED: Latest business liquidations in Manningham Herald Sun
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A restaurant owner in his 60s, who requested anonymity, recently put his Seoul eatery up for sale after just two years in business.
“I thought things would get better after COVID-19 ended and tourism resumed, but it’s been difficult,” he said. “As the store began running at a loss, I accumulated debt and have now been delinquent for over three months.”
He’s now seeking employment, but says the expected wage wouldn’t be enough to manage his debt. He’s exploring debt relief options through the Credit Counseling & Recovery Service (CCRS), a government-backed agency that helps individuals avoid bankruptcy and restore financial stability.
His case underscores a growing concern among Korea’s aging population. The country is witnessing…
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Recent data from Experian shows how credit card debt varies across generations. Generation-Z carries an average balance of $3,493; Millennials hold $6,961 and Generation-X carries the most at $9,600. Average balances then dip to $6,795 for Baby Boomers and $3,445 for the Silent Generation.
The data reveals that credit card balances have risen faster for Gen-Z and Millennials than for older generations, with their average debts now topping those of Baby Boomers and the Silent Generation. Over the past few years, balances for Gen-X have also jumped sharply. Experian…
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Insurers brace for big hit as First Brands bankruptcy unwinds web of receivables Insurance Business America
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GENESEE COUNTY, MI — The county won’t move ahead with a proposal to provide a new benefit for residents — access to a company that helps individuals cut down on their student loan debts.
A committee of the county Board of Commissioners agreed on Wednesday, Oct. 8, to reject a proposed $180,000, one-year contract with Savi Solutions — a Washington, D.C., company that offered to help residents with student loans find new payment plans or forgiveness options.
The committee’s decision came after several weeks of consideration and debate, and several commissioners said they’re willing to revisit the issue — potentially with another vendor or nonprofit company — in the future.
“I don’t think we should be paying for other people…
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Morarjee Textiles Limited ( (IN:MORARJEE) ) has issued an update.
Morarjee Textiles Limited has announced the adjournment of its Thirtieth Meeting of the Committee of Creditors, which was initially held on October 8, 2025. This meeting is part of the ongoing Corporate Insolvency Resolution Process, reflecting the company’s efforts to navigate financial restructuring under the oversight of the National Company Law Tribunal. The outcome of these proceedings could significantly impact the company’s future operations and its stakeholders.
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