Insolvency Guardian Media Centre
Contracting company KDR Venlo has been declared bankrupt. Local Limburg media report that creditors filed for the bankruptcy of the business, which employed two people. The company was active in greenhouse roof cleaning, both in the Netherlands and abroad.
KDR Venlo B.V. has operated under this name since January 1, 2017, previously known as Loonbedrijf Steegh B.V.
Mr. J.P. Bakkers from Venlo has been appointed as trustee. The Limburg Court officially declared the bankruptcy on August 19.
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Calls for extension of eThekwini Municipality’s debt relief programme IOL
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Debt-cleanup apps are marketed as sleek financial sidekicks, promising freedom from chaos with a few taps. They present themselves as heroes that negotiate payments, wipe out errors, and track debt down to the penny. Behind the colorful dashboards and motivational nudges, however, lies a much more complicated engine.
These apps don’t just tidy up your credit profile; they often push fresh loans to keep the system running. It’s a mix of convenience and controversy, wrapped in tech gloss.
The “Cleanup” Isn’t Always Just Cleaning
The big hook is simple: consolidate your debts and breathe easier. Yet, what many users don’t realize is that “consolidation” often means taking on an entirely new loan. That fresh loan is used to…
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The National Company Law Tribunal (NCLT) New Delhi Bench has held that liquidation under the Insolvency Bankruptcy Code (IBC), 2016 can be ordered in the absence of a Pending Corporate Insolvency Resolution Process (“CIRP”). The liquidation operates once the statutory period under Section 12 has lapsed without receipt of any Resolution Plan.
An Application was filed by M/s Peejay Finance Company Limited (Financial Creditor) to initiate Corporate Insolvency Resolution Process (“CIRP”) against M/s V.S. Matrix Pvt. Ltd. (Corporate Debtor) under Section 7 of the Code before this Adjudicating Authority. This Adjudicating Authority vide order dated 30.08.2019 admitted the Application, declared a moratorium and …
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TULSA, Okla. — As bills pile up, figuring out a way to keep ahead often feels overwhelming, especially when bills come with high interest rates pushing up what you owe.
Staring at a mountain of bills each month is stressful, but consolidating some bills may ease the pressure.
Story Blox
Debt consolidation means combining multiple debts into one single payment.
Instead of juggling several credit card and medical bills with different due dates and interest rates, consider taking out a personal loan to pay them all off. It leaves you with one monthly loan payment for a fixed length of time and usually at a lower interest rate.
“The personal loans are pretty easy product to get approved for. Average…
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As a representative of the world’s most climate-vulnerable countries, I’ve found that it is not just coastlines that are increasingly underwater—but economies too. The Climate Vulnerable Forum’s Vulnerable Twenty Group (CVF-V20) represents 74 climate-vulnerable countries and 1.7 billion of the world’s poorest people. And as our new report shows, many of us are drowning in debt.
Our total sovereign debt stock amounted to an eye-watering $1 trillion in the latest assessment, with $746 billion in debt service payments due between this year and 2031—about four times our financing needs to support our climate plans. This is a crippling burden for countries facing escalating costs in climate damages caused by a crisis we did little to…
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Wbg advises on liquidation of Panther M*lk maker Accountancy Today
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Loan from mum probed as Melb builder collapses owing $4m Herald Sun
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How debt reduction solutions can help real estate and mortgage professionals
Debt is a major barrier to affordable and sustainable homeownership. This is particularly true among younger adults, who make up a growing segment of clients we serve at Money Management International (MMI). Consumers burdened by high-interest credit card debt or collections often struggle to qualify for mortgages, secure favorable terms and are at higher risk of foreclosure. Here’s how debt reduction solutions can help:
1. Expand the qualified buyer pool
Programs like structured debt repayment plans can rehabilitate credit profiles, helping near-miss applicants meet underwriting standards.
2. Accelerate the path to homeownership
By…
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This week’s TGIF considers a recent decision of the Supreme Court of Western Australia (Re Dundas Mining Pty Ltd (In Liq); Ex Parte John Allan Bumbak As Joint And Several Liquidator Of Dundas Mining Pty Ltd (In Liq) (ACN 608 839 050) [2025] WASC 157) to stay the winding up of a company to allow a deed of company arrangement (DOCA) to proceed.
Key takeaways
- A stay of the winding up to allow creditors to vote on a DOCA may be appropriate to facilitate a restructuring transaction and the end of the external administration.
- The liquidators may be granted leave to be appointed as the administrators with the leave of a court where the liquidators are the appropriate person. That is, there is no conflict of interest, threat to…