Insolvency Guardian Media Centre
News | Claire’s finds buyer for almost 1,000 stores, avoids liquidation CoStar
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Popular motorcycle retailer collapses after 55 years – putting 400 jobs on the line MSN
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Top Shelf Holdings appoints voluntary administrations Business News Australia
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Trump set to bar college graduates from debt relief program if employers undermine ‘American values’ MSN
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NS Bikes is a well-known mountain bike brand founded in Poland in 2003 which sells a comprehensive range of bikes. On August 18, 2025, the brand’s parent company, 7anna, officially filed for bankruptcy proceedings with the Polish government — the latest in a long line of bankruptcy proceedings and restructurings sweeping the mountain bike industry. 7anna also owns the Rondo, Octane One, and Creme Cycles brands.
The news was first broken by the Polish publication Polityka, and Singletracks has independently confirmed the bankruptcy filing. The furor of the announcement prompted Szymon Kobyliński, founder of NS Bikes, to release a statement to Polish MTB publication mtbxcpl. The statement, which was…
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The National Company Law Tribunal (NCLT) has officially approved a resolution plan for Hindustan National Glass & Industries Limited (HNGIL) valued at ₹2,071.50 crores, a significant development in the company’s insolvency proceedings. The resolution amount will be distributed among various creditors, with a substantial portion allocated to financial creditors.
The NCLT’s approval of the resolution plan, submitted by Independent Sugar Corporation Limited (INSCO), marks a key moment in the case initiated by DBS Bank Limited in October 2021. The plan received overwhelming support from the Committee of Creditors (CoC), with a 96.16% majority vote.
The resolution amount of ₹2,071.50 crores is distributed as…
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(InvestigateTV) — Debt collection calls, texts, and emails can be scary and overwhelming.
Naomi Peden, Senior Housing Counselor with Money Management International, said collection calls are getting more aggressive. Because of this, consumers, especially those who do not know their rights, feel pressured to make immediate decisions, even when it is not required.
Penden regularly hears from people who feel bombarded by collectors. She said that pressure is tied to a growing reliance on debt just to get by.
“It’s because a lot of people are now utilizing forms of debt in order to manage their everyday monthly expenses,” she explained.
Under the Fair Debt Collection Practices Act, consumers have the right to dispute or verify a debt.
Read the original article here
(InvestigateTV) — Debt collection calls, texts, and emails can be scary and overwhelming.
Naomi Peden, Senior Housing Counselor with Money Management International, said collection calls are getting more aggressive. Because of this, consumers, especially those who do not know their rights, feel pressured to make immediate decisions, even when it is not required.
Penden regularly hears from people who feel bombarded by collectors. She said that pressure is tied to a growing reliance on debt just to get by.
“It’s because a lot of people are now utilizing forms of debt in order to manage their everyday monthly expenses,” she explained.
Under the Fair Debt Collection Practices Act, consumers have the right to dispute or verify a debt.
Read the original article here
(InvestigateTV) — Debt collection calls, texts, and emails can be scary and overwhelming.
Naomi Peden, Senior Housing Counselor with Money Management International, said collection calls are getting more aggressive. Because of this, consumers, especially those who do not know their rights, feel pressured to make immediate decisions, even when it is not required.
Penden regularly hears from people who feel bombarded by collectors. She said that pressure is tied to a growing reliance on debt just to get by.
“It’s because a lot of people are now utilizing forms of debt in order to manage their everyday monthly expenses,” she explained.
Under the Fair Debt Collection Practices Act, consumers have the right to dispute or verify a debt.
Read the original article here
News | Claire’s finds buyer for almost 1,000 stores, avoids liquidation CoStar