Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
GreenPath Reports Highest Debt Management Program Enrollment in 64-Year History Amid Growing Demand FARMINGTON HILLS, Mich., Dec. 18, 2025 /PRNewswire/
Access Denied You don't have permission to access "http://www.telegraph.co.uk/news/2025/12/18/ppe-firm-linked-michelle-mone-liquidation/" on this server. Reference #18.14052017.1766073628.6acf4b1 https://errors.edgesuite.net/18.14052017.1766073628.6acf4b1 Read the original article here
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.
GreenPath Reports Highest Debt Management Program Enrollment in 64-Year History Amid Growing Demand
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.
Figure 1: All Financial Counseling Clients with $500 or Higher Monthly Budget Deficit. This chart illustrates the increasing trend of GreenPath’s counseled clients who have a deficit in their monthly budget of $500 or more.
This milestone comes alongside a startling data point: for the second month in a…
STAFFORD, Texas, Dec. 18, 2025 (GLOBE NEWSWIRE) — As the holiday season approaches, younger adults are seeking financial counseling at sharply higher rates, pointing to growing stress around debt, holiday spending, and year-end expenses.
New data from nonprofit Money Management International (MMI) shows a significant increase in younger clients seeking help in November 2025 compared to last year, even as overall counseling volume followed its typical seasonal dip.
Clients aged 21 to 30, now the fastest-growing segment of MMI’s client base, saw the largest year-over-year jump.
That trend is personal to Miranda, an MMI client from California who first reached out for help as a young adult.
Scott Dylan and David Antrobus allowed £13.9 million to pass through two companies using unauthorised bank overdrafts, with Dylan himself receiving £1.675 million
The pair’s actions resulted in Barclays Bank freezing the company accounts and demanding repayment
Dylan and Antrobus subsequently defied freezing injunctions obtained by Barclays, leading to contempt of court proceedings and jail terms for the pair
Two former business associates have been banned for a combined total of 23 years after allowing more than £13.9 million to pass through company bank accounts funded by unauthorised overdrafts.
Scott Dylan, 41, and David Antrobus, 39, opened bank accounts for the two companies in spring 2021 and made millions of…
George Lafferty of Begbies Traynor has been appointed provisional liquidator of The View Café, Aviemore, “a popular café with both locals and visitors”, as part of a Scottish court liquidation process.
The liquidator said it is working to “ensure all staff who have been made redundant are able to recover sums due to them as quickly as possible”.
The company entered provisional liquidation on Tuesday and has now ceased trading “resulting in all 12 members of staff being made redundant”.
Read More:
Thomas McKay, managing partner at Begbies Traynor in Scotland, said: “We are currently working with the Redundancy Payments Service to ensure all staff who have been made redundant are able to recover…
The company linked to the former Conservative peer Michelle Mone, which owes the government almost £150m for supplying unusable personal protective equipment during the pandemic, has been put into liquidation.
The Department of Health and Social Care (DHSC) applied for PPE Medpro to be wound up at a high court hearing on Thursday, arguing that the company was “hopelessly insolvent” and should not continue in administration.
Mone’s husband, the Isle of Man-based businessman Doug Barrowman, owned PPE Medpro, which was awarded two contracts to supply PPE worth £203m after Mone approached Michael Gove, the then Cabinet Office minister, in May 2020. The contracts were processed via the “VIP lane” operated by Boris Johnson’s…
Content on this page may include affiliate links. If you click and sign up/place a wager, we may receive compensation at no cost to you.
The Bally’s Corporation has announced new financing for its land-based gaming projects in Chicago, Las Vegas, and New York.
The Bally’s Corporation is nearly engaged in developing physical casinos in three of the largest markets in the United States simultaneously and has restructured its current debt to account for those expenses. Bally’s shared the terms of an agreement with three private investment entities with shareholders on Dec. 8.
Bally’s announces deals with investment firms
While Bally’s presence among the best online casino apps in the US is limited, its prominence on the brick-and-mortar side…
On Dec. 3, the African Development Bank Group announced that it approved additional debt relief for Somalia, amounting to $17.68 million and marking another milestone on the path to full debt-free status. The Bank Group’s lead operations adviser for Somalia, Bubacarr Sankareh, said, “Somalia has earned this moment through determination and discipline.”
This milestone represents the convergence of persistent national effort and a strategic international partnership. Through coordinated bilateral and multilateral engagement, Somalia secured debt alleviation, most notably under the Heavily Indebted Poor Countries Initiative, launched in 1996 by the International Monetary Fund and World Bank to provide relief to countries burdened by…
