Mary Holm: How to kill debt without selling that classic car or treasured artwork
If you really love your classic car, perhaps keep it if you can, rather than sell it. Photo / 123rf Q: I’m in my mid-forties, with the mortgage on our family home about $150,000 remaining. Our other assets – in various states of liquidity across shares, index funds, crypto, classic car – are also about […]
New York Broadly Revises Hospital Financial Assistance, Medical Debt Collection and Related Requirements | Sheppard Mullin Richter & Hampton LLP
Effective October 20, 2024, New York hospitals must have in place State-mandated changes to their financial assistance (“FA”) programs (including FA eligibility criteria and debt collection practices) and their practices related to consent forms, and patient use of credit cards and medical financial products. The new requirements were enacted as part of the State’s […]
Company bust with millions in debt: Liquidator – news.com.au
A civil construction company has gone bust, leaving millions in unpaid debts and dozens of workers out of a job. Mainscarf, which trades as Hansen Constructions NQ, fell into voluntary administration on January 3, with administrators David Stimpson and Michael Brennan of SV Partners appointed to take control of the North Queensland company. A report […]
Mark Casey-backed Remitter plots path to the Nasdaq
Remitter is forecast to deliver $US11.8 million revenue this year. Casey told Street Talk that a key aim of the US move is to extend the company’s credibility in the US, submitting to listing rules and consistent reporting. Funding until now has been aided via a series of capital raises, picking up $5 million to […]
Tech Companies That Will Pay Off Your Student Loan Debt for You
Chegg As an educational technology company, it’s understandable that Chegg would make an effort to alleviate the stress of student loan debt on its employees. In 2018, the company announced that it would launch an equity plan aimed at doing exactly that. Even better, Chegg announced that the plan would provide funds based on your […]
Over 53,000 firms still using Tax Debt Warehousing scheme
The outstanding debt owned by businesses that availed of Revenue’s debt warehousing scheme stood at €1.58 billion this week, according to the tax commissioners in their annual report for 2023. The scheme was introduced to assist businesses that experienced cash-flow and trading difficulties during the Covid-19 pandemic. It was announced earlier this year that the […]
Debt collection lawsuit investigation: American Express, Wells Fargo, Discover, Comenity, Navient, and others
Debt collection calls: Who’s affected? (Photo Credit: ShotPrime Studio/Shutterstock) Do you receive harassing debt collection calls from American Express, Wells Fargo, Discover, Comenity, student-loan servicer Navient or other financial institutions? If you live in California, Connecticut, Florida, Georgia, Massachusetts, Michigan, Pennsylvania, South Carolina or Texas, you may be entitled to seek compensation. If you are […]
150 jobs at risk as company faces $20m debt
It’s a big player in a key industry for Australia but its now looking for a bailout as its hit by a spate of problems affecting the sector. Lutum is one of three manufacturers of roofing tiles in Australia and employs approximately 150 people. It supplies roofing tiles and masonry products across Australia with manufacturing […]
Thames Water: What Went Wrong and How Much Might Bills Rise?
The usually dull water business isn’t supposed to make news headlines. But scandals over sewage spills and leaky pipes are casting a harsh light on Britain’s management of this public resource and raising deeper questions about the business model established when it was privatized three decades ago. Things have got so bad that Thames Water […]
Jamie Dimon fears for the future of the free world and US debt
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN — JPMorgan Chase CEO Jamie Dimon is worried about the future of the free world. […]