Inland Revenue made applications to wind up more than 120 business in November.
Photo: RNZ
Inland Revenue made applications to wind up more than 120 business in November, as it draws to the end of a year in which it moved to liquidate almost 900 businesses with tax owing.
Keaton Pronk, an insolvency practitioner at McDonald Vague, said the 167 winding up applications in November, including 127 from IRD, was the highest in six years. It included a group of 45 sushi companies.
For the year to November, Inland Revenue (IRD) applied to wind up just under 900 companies.
“In January they had advertised 100 which was massive compared to what they had done in previously Januaries.
“They always ramp up towards the end of the year…
Read the original article here
(InvestigateTV) — It is scary when a credit card bill is due and there is not enough money to make a payment.
Cherry Dale, the vice president of financial education at Virginia Credit Union, said the worst thing to do is not address it.
Dale said don’t pretend like it isn’t happening and think this through. Is this a one-time situation or a larger problem that going to keep happening?
“Because if it’s one time in a month, you can call your creditor, tell them the kind of situation, most creditors will work with you and help you,” she shared. “If this is something happening every single month, that you’re having an issue paying your bills or a bill, you need to come up with another plan.”
If this is a bigger issue and…
Read the original article here
(InvestigateTV) — It is scary when a credit card bill is due and there is not enough money to make a payment.
Cherry Dale, the vice president of financial education at Virginia Credit Union, said the worst thing to do is not address it.
Dale said don’t pretend like it isn’t happening and think this through. Is this a one-time situation or a larger problem that going to keep happening?
“Because if it’s one time in a month, you can call your creditor, tell them the kind of situation, most creditors will work with you and help you,” she shared. “If this is something happening every single month, that you’re having an issue paying your bills or a bill, you need to come up with another plan.”
If this is a bigger issue and…
Read the original article here
(InvestigateTV) — It is scary when a credit card bill is due and there is not enough money to make a payment.
Cherry Dale, the vice president of financial education at Virginia Credit Union, said the worst thing to do is not address it.
Dale said don’t pretend like it isn’t happening and think this through. Is this a one-time situation or a larger problem that going to keep happening?
“Because if it’s one time in a month, you can call your creditor, tell them the kind of situation, most creditors will work with you and help you,” she shared. “If this is something happening every single month, that you’re having an issue paying your bills or a bill, you need to come up with another plan.”
If this is a bigger issue and…
Read the original article here
(InvestigateTV) — It is scary when a credit card bill is due and there is not enough money to make a payment.
Cherry Dale, the vice president of financial education at Virginia Credit Union, said the worst thing to do is not address it.
Dale said don’t pretend like it isn’t happening and think this through. Is this a one-time situation or a larger problem that going to keep happening?
“Because if it’s one time in a month, you can call your creditor, tell them the kind of situation, most creditors will work with you and help you,” she shared. “If this is something happening every single month, that you’re having an issue paying your bills or a bill, you need to come up with another plan.”
If this is a bigger issue and…
Read the original article here
(InvestigateTV) — It is scary when a credit card bill is due and there is not enough money to make a payment.
Cherry Dale, the vice president of financial education at Virginia Credit Union, said the worst thing to do is not address it.
Dale said don’t pretend like it isn’t happening and think this through. Is this a one-time situation or a larger problem that going to keep happening?
“Because if it’s one time in a month, you can call your creditor, tell them the kind of situation, most creditors will work with you and help you,” she shared. “If this is something happening every single month, that you’re having an issue paying your bills or a bill, you need to come up with another plan.”
If this is a bigger issue and…
Read the original article here
(InvestigateTV) — It is scary when a credit card bill is due and there is not enough money to make a payment.
Cherry Dale, the vice president of financial education at Virginia Credit Union, said the worst thing to do is not address it.
Dale said don’t pretend like it isn’t happening and think this through. Is this a one-time situation or a larger problem that going to keep happening?
“Because if it’s one time in a month, you can call your creditor, tell them the kind of situation, most creditors will work with you and help you,” she shared. “If this is something happening every single month, that you’re having an issue paying your bills or a bill, you need to come up with another plan.”
If this is a bigger issue and…
Read the original article here
(InvestigateTV) — It is scary when a credit card bill is due and there is not enough money to make a payment.
Cherry Dale, the vice president of financial education at Virginia Credit Union, said the worst thing to do is not address it.
Dale said don’t pretend like it isn’t happening and think this through. Is this a one-time situation or a larger problem that going to keep happening?
“Because if it’s one time in a month, you can call your creditor, tell them the kind of situation, most creditors will work with you and help you,” she shared. “If this is something happening every single month, that you’re having an issue paying your bills or a bill, you need to come up with another plan.”
If this is a bigger issue and…
Read the original article here
(InvestigateTV) — It is scary when a credit card bill is due and there is not enough money to make a payment.
Cherry Dale, the vice president of financial education at Virginia Credit Union, said the worst thing to do is not address it.
Dale said don’t pretend like it isn’t happening and think this through. Is this a one-time situation or a larger problem that going to keep happening?
“Because if it’s one time in a month, you can call your creditor, tell them the kind of situation, most creditors will work with you and help you,” she shared. “If this is something happening every single month, that you’re having an issue paying your bills or a bill, you need to come up with another plan.”
If this is a bigger issue and…
Read the original article here
(InvestigateTV) — It is scary when a credit card bill is due and there is not enough money to make a payment.
Cherry Dale, the vice president of financial education at Virginia Credit Union, said the worst thing to do is not address it.
Dale said don’t pretend like it isn’t happening and think this through. Is this a one-time situation or a larger problem that going to keep happening?
“Because if it’s one time in a month, you can call your creditor, tell them the kind of situation, most creditors will work with you and help you,” she shared. “If this is something happening every single month, that you’re having an issue paying your bills or a bill, you need to come up with another plan.”
If this is a bigger issue and…
Read the original article here
(InvestigateTV) — It is scary when a credit card bill is due and there is not enough money to make a payment.
Cherry Dale, the vice president of financial education at Virginia Credit Union, said the worst thing to do is not address it.
Dale said don’t pretend like it isn’t happening and think this through. Is this a one-time situation or a larger problem that going to keep happening?
“Because if it’s one time in a month, you can call your creditor, tell them the kind of situation, most creditors will work with you and help you,” she shared. “If this is something happening every single month, that you’re having an issue paying your bills or a bill, you need to come up with another plan.”
If this is a bigger issue and…
Read the original article here
Help for Americans drowning in credit card debt KOLO | 8 News Now


