Insolvency Guardian Media Centre
A new survey from US News & World Report has revealed that one in four bettors has missed at least one bill payment due to gambling activity.
The 2025 Sports Betting and Debt Survey, conducted between July 7 and July 9, includes responses from 1,200 US adults who have placed at least one sports bet during the past six months.
A Quarter of Bettors are Missing Bills
Among the most alarming statistics from the survey is that 25 percent of respondents report missing at least one bill payment due to money lost to sports…
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Tips to help break the credit card debt cycle Action News 5
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A Long Eaton-based manufacturer, has entered liquidation alongside its sister company Stevenson & Key (Frames) Limited, leaving creditors facing an estimated shortfall of £2.2m.
© Andrew Paul Furniture Ltd
Appointed on 9 July 2025, joint liquidators Michael Roome and Jamie Playford of Leading are overseeing the winding-up process of Andrew Paul Furniture Ltd. The closure ends 14 years of trading and affects more than 170 jobs.
The company reported widening losses of £342,000 in the year to April 2023, up from £146,000 the previous year, as sales dipped slightly to £14.2m. It cited “market volatility” and “falling…
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The company is to be put into compulsory liquidation
A Devon skydive company has announced it has ceased trading – just over a month after two people died when their parachutes failed to open.
Skydive Buzz Ltd has told its customers that the company is to be put into compulsory liquidation.
The company, based at Dunkeswell Airfield, near Honiton, arranged a tandem parachute jump which went catastrophically wrong and led to the deaths of Belinda Taylor and her instructor Adam Harrison on Friday, June 13.
The pair died in a field after their parachutes failed to open. A British Skydiving Board of Inquiry is…
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The federal government will accept Venmo payments from citizens who want to help pay off the national debt.
The Treasury has begun accepting Venmo transactions as contributions toward the national debt, which currently stands at $36 trillion.
Newsweek contacted the Treasury for more information on the decision via email.
The Context
The United States national debt surpassed $34 trillion in 2024, raising ongoing questions about deficit spending and fiscal policy. Amid these concerns, the U.S. Treasury has expanded citizens’ options for making voluntary payments to reduce the public debt—including digital payment methods such as Venmo.
This adaptation signals a shift toward digital-first government services and highlights efforts to engage…
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A young Aussie with more than $50,000 in HECS debt has shared why she regrets going to university as her debt continues to inch up. The government has promised to cut HECS and HELP debts by 20 per cent and while it’s welcome relief for millions, many will still be left with significant amounts owing.
Pascal Zoghbi graduated with a Bachelor of Business majoring in enterprise and innovation marketing in 2023. The 22-year-old Perth woman told Yahoo Finance she was shocked after checking her HECS debt recently and finding it had ballooned to $50,801…
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An innovative equity release solution is giving older homeowners in Australia a way to access wealth without borrowing, downsizing, or leaving their homes.
Melbourne-based Homesafe Solutions Pty Ltd is addressing the growing financial challenges facing Australian retirees with its flagship product, Homesafe Wealth Release®. As the cost of living rises and superannuation balances fall short, many older Australians are finding themselves asset-rich but income-limited. For these homeowners, unlocking equity from the family home often comes with undesirable trade-offs—taking on debt, selling the property, or downsizing. Homesafe Wealth Release offers a different approach.
Developed specifically for homeowners aged 60 and over, Homesafe…
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Tips to help break the credit card debt cycle fox10tv.com
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While financial institutions promote debt swaps as ‘win-win’ solutions that address both debt distress and development financing, borrowing countries report a systematic failure in achieving both objectives, revealing an inversion of development finance principles.
Experiences across various developing countries highlight this critical contradiction. While Belize’s Prime Minister hailed their swap as providing vital ‘breathing space’, Ecuador faced intense pushback, with over 260 activists and academics cautioning against ‘green vulture funds’ exploiting vulnerable economies. This divergence exposes how debt swaps attempt to solve two fundamentally different problems – debt sustainability and development financing…
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Tips to help break the credit card debt cycle WAFB
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From 31 July, if someone owes $20,000 or less in student debt, it won’t affect how much they can borrow for their new home with NAB.
This means that NAB customers with HELP debt could see a boost in their borrowing power, helping them get into the property market sooner or buy a home that better suits their needs.
NAB Executive for Home Ownership Matt Dawson said this change will make a real difference for first-home buyers especially.
“For too long HELP debt has been a roadblock for many Australians looking to buy a home,” said Mr Dawson.
“NAB was pleased to advocate for this change last year which will allow more people to turn their homeownership dreams into reality,…