Höfner, the German instrument company most famous for making Paul McCartney‘s iconic violin bass, has filed for bankruptcy.

According to Guitar.com, “provisional insolvency administration” has been ordered for the company legally known as Karl Höfner GmbH & Co as of a December 10th filing in the Fürth District Court in Bavaria. “An insolvency administrator has been appointed, who will proceed to attempt to rectify debts over the next three months,” per the report.

While little else is publicly known about the filing, according to the report, it likely spells the end for the long-running and prestigious instrument maker.

Upon hearing the news, McCartney released the following statement via his Instagram page: “It is very…

To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below.

Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser.

This can be done through the following steps:

1. Open the settings menu by clicking the hamburger menu in the top right

2. Choose “App Settings” from the menu

3. Turn on the option “Links Open Externally” (This will use…

• December 18
• News
• Duration 1:23

Canadians under 35 missed credit payments at higher rates in the third quarter than they did at the same time last year, and they’re seeking debt relief services in higher numbers, as living costs are outpacing wages. The popularity of “buy now, pay later” plans could be making the problem worse. CBC’s Jenna Benchetrit explains

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy.

To enable cookies, follow the instructions for your browser below.

Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:

1. Open the settings menu by clicking the hamburger menu in the top right

2….

“Most stereotypes originate from a kernel of truth, but that kernel becomes so overwrapped with layers of myth that the stereotype often outgrows or outlives the underlying reality.”[1]

The trope of the “deadbeat dad” skirting his financial responsibilities at the expense of his children has historically garnered bipartisan criticism.[2] This image has been the impetus for decades of congressional bankruptcy reforms that have made it increasingly difficult for individuals to discharge or receive debt forgiveness for child support debts in bankruptcy.[3] Understandably, policymakers and scholars do not want the custodial parent or children to be in a worse financial position after allowing a debtor to receive forgiveness for…

FARMINGTON HILLS, Mich., Dec. 18, 2025 /PRNewswire/ — As rising costs push many Americans to the breaking point, GreenPath Financial Wellness—a trusted national nonprofit providing financial counseling and debt management services—has surpassed a historic milestone, with more than 50,000 people actively repaying credit card debt at reduced interest rates through its Debt Management Programs (DMPs) as of November 2025.

FARMINGTON HILLS, Mich., Dec. 18, 2025 /PRNewswire/ — As rising costs push many Americans to the breaking point, GreenPath Financial Wellness—a trusted national nonprofit providing financial counseling and debt management services—has surpassed a historic milestone, with more than 50,000 people actively repaying credit card debt at reduced interest rates through its Debt Management Programs (DMPs) as of November 2025.

This…

FARMINGTON HILLS, Mich., Dec. 18, 2025 /PRNewswire/ — As rising costs push many Americans to the breaking point, GreenPath Financial Wellness—a trusted national nonprofit providing financial counseling and debt management services—has surpassed a historic milestone, with more than 50,000 people actively repaying credit card debt at reduced interest rates through its Debt Management Programs (DMPs) as of November 2025.

This milestone comes alongside a startling data point: for the second month in a…