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Insolvency Guardian Media Centre

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.
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Labor’s 20 per cent cut explained and how it could affect you
Jul 25, 2025 – 5.00amGift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when
Tips to help break the credit card debt cycle
(InvestigateTV) — Credit card debt is a tough cycle to break, and a recent survey found many people are feeling
Tips to help break the credit card debt cycle
(InvestigateTV) — Credit card debt is a tough cycle to break, and a recent survey found many people are feeling
Property puzzle traps MTNL debt relief | Company Business News – Mint
Property puzzle traps MTNL debt relief | Company Business News  Mint Read the original article here
covid cost overruns and whiskey tariffs blamed
The Killarney Brewing and Distilling Company which went into liquidation this week had dozens of creditors when it entered the
NCLT’s inherent power to permit liquidation withdrawal |SCC Times
National Company Law Tribunal, Chandigarh: In an instant application filed by the applicant, under Section 59, 60(5) and other applicable
Government announces support for Bedford following yesterday's voluntary administration announcement – Glam Adelaide
Government announces support for Bedford following yesterday's voluntary administration announcement  Glam Adelaide Read the original article here
Property puzzle traps MTNL debt relief – Mint
Property puzzle traps MTNL debt relief  Mint Read the original article here
No Cookies | Daily Telegraph
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CA ANZ welcomes move to slash HELP debt by 20%
CA ANZ has welcomed the government’s move to cut HELP debt by 20 per cent, but said that more would
Serve Philadelphia VISTA streamlines debt relief | Office of Community Empowerment and Opportunity
Unpaid bills or court debt can make it hard for people to stay in their homes. The City’s Managing Director’s
HECS-HELP loans are set to be reduced by 20 per cent, but do those who paid early regret it?
Faced with years of repaying a student loan under rapidly rising indexation, University of Melbourne graduate Jonas Darmos decided to
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Jul 25, 2025 – 5.00am

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My [university] debt is a real Debbie Downer,” says Stella Kirkby, 26, who graduated from Macquarie University in 2021, and owes $26,000 in deferred tuition fees.

She says it’s great news, then, that Labor is following through with its election promise to cut Higher Education Loans Program (HELP) debts (also commonly referred to by the old title of HECS) by 20 per cent.

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(InvestigateTV) — Credit card debt is a tough cycle to break, and a recent survey found many people are feeling like they’re falling further behind.

“It’s something that is kind of plaguing most Americans. It’s definitely not going away any time soon,” WalletHub Managing Editor John Kiernan said.

Kiernan said he’s heard countless stories from people struggling to keep up with rising credit card interest rates. And the numbers bear this out.

An April survey by WalletHub found that nearly 1 in 3 Americans expect to end the year with even more credit card debt.

It also found that half of Americans are concerned that tariffs could make their credit card debt worse and that 46 percent don’t have a plan to pay down their debt.

Read the original article here

(InvestigateTV) — Credit card debt is a tough cycle to break, and a recent survey found many people are feeling like they’re falling further behind.

“It’s something that is kind of plaguing most Americans. It’s definitely not going away any time soon,” WalletHub Managing Editor John Kiernan said.

Kiernan said he’s heard countless stories from people struggling to keep up with rising credit card interest rates. And the numbers bear this out.

An April survey by WalletHub found that nearly 1 in 3 Americans expect to end the year with even more credit card debt.

It also found that half of Americans are concerned that tariffs could make their credit card debt worse and that 46 percent don’t have a plan to pay down their debt.

Read the original article here

Property puzzle traps MTNL debt relief | Company Business News  Mint

Read the original article here

The Killarney Brewing and Distilling Company which went into liquidation this week had dozens of creditors when it entered the examinership process in April, with more than €8m owed.

The company confirmed the unsuccessful conclusion of its examinership process on Tuesday, with more than 50 jobs impacted by the brewery ceasing operations. The company premises included the plush multi-million euro brewery, whiskey distillery, and visitor centre overlooking the lakes of Killarney in Fossa.

The independent expert’s report filed as part of a petition to the High Court in April showed Killarney Brewing Company had a creditors’ listing topping €8m. Included in the list of creditors of the brewing company were Kerry County Council, which…

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National Company Law Tribunal, Chandigarh: In an instant application filed by the applicant, under Section 59, 60(5) and other applicable provisions of the Insolvency and Bankruptcy Code, 2016 (IBC), read with Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 (‘Voluntary Liquidation Regulations’) for withdrawal of voluntary liquidation of the Company, the Bench of Harnam Singh Thakur, Member (Judicial) and Shishir Agarwal, Member (Technical), stated that in an exceptional cases, where the liquidation was initiated voluntarily and is now sought to be withdrawn by the same consenting stakeholders, and no third-party rights are affected, inherent powers of the Tribunal under Rule 11 of the

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Government announces support for Bedford following yesterday’s voluntary administration announcement  Glam Adelaide

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Property puzzle traps MTNL debt relief  Mint

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CA ANZ has welcomed the government’s move to cut HELP debt by 20 per cent, but said that more would need to be done to address the accountant shortage.

As accounting enrolments plummet, CA ANZ warned that more would need to be done to incentivise students to pursue the accounting profession.

Legislation to reduce student loan debt by 20 per cent represents a welcome move which could boost enrolments, the accounting body said.

“The high cost of a degree remains a major barrier to pursuing an accounting career. Without further action, Australia faces a shortfall of around 18,250 accounting, audit and finance professionals within five years,” CA ANZ CEO Ainslie van…

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Unpaid bills or court debt can make it hard for people to stay in their homes. The City’s Managing Director’s Office – Health and HumanServices is supporting residents with two pilot programs. One program works to prevent water shutoffs. The second focuses on addressing criminal justice debt. Both initiatives promote economic equity and long-term stability for adults and juvenile Philadelphians.

The Criminal Justice Debt Relief Program identifies residents eligible for debt forgiveness. This may help them overcome obstacles to gaining employment or sealing their record. Meanwhile, the water shutoff prevention pilot stops residents from losing essential utilities. It intervenes early and connects them to needed…

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Faced with years of repaying a student loan under rapidly rising indexation, University of Melbourne graduate Jonas Darmos decided to pay his off fast.

He used his personal savings and a loan from his parents, which he has now repaid, to clear his HECS-HELP debt of around $35,000 just six months after graduating in 2022.

The federal government’s new legislation, introduced to parliament on Wednesday, aims to reduce student loans by 20 per cent of their value as of June 1, 2025, and would have saved Mr Darmos thousands of dollars. 

A young man smiled at the camera

Jonas Darmos paid off his student debt in full shortly after graduation. (Supplied: Jonas Darmos)

Mr Darmos, though, was trying not to dwell on the timing and instead enjoyed the benefits of having cleared his…

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