Gisborne businesses liquidated after reportedly six-figure tax debts
Both liquidators said the apparent cause was a failure to account for taxation.
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Both liquidators said the apparent cause was a failure to account for taxation.
More U.S. households are falling into debt as they grapple with medical bills, student loans and other expenses, data show.
The New York Fed detailed general steadiness in debt payments for autos, student loans and mortgages.
The Chief Minister promised to bring Krishna waters to Kodangal by December and irrigate its parched lands
Documents seen by ABC News show the unclear situation facing suppliers after the 188-year-old retailer was plunged into voluntary administration this week.
Chiefs wide receiver Rashee Rice filed for bankruptcy in federal court, claiming he has more than $3.45 million in debts.
AvidSys, the Indian-Australian-owned Guatam family business, sent Jagadish Krishnan a letter of demand in June, seeking $1.93 million.
Payment of two instalments of Dearness Allowance from October salary to add to the burden
Federal law requires the Education Department to erase the student loans of borrowers whose colleges close suddenly. A new lawsuit claims the department isn't fully following those rules.
For borrowers struggling to make progress on their debt, the problem may extend well beyond their spending habits.
President Bola Tinubu has asked the House of Representatives to approve the issuance of promissory notes worth N269.45bn to settle outstanding FG debts. Read More: https://punchng.com/tinubu-seeks-reps-approval-to-settle-n269-45bn-fg-debts/
An analysis of Nigeria’s rising public debt, its impact on development, and the challenges of debt servicing for federal and state governments. Read More: https://punchng.com/nigerias-debts-and-future-development/
<p>Andrew Woosnam took millions from his recruitment firms before creditors, including HMRC, were left out of pocket</p><p><a href="https://www.theguardian.com/business/2026/oct/25/bust-companies-revived-in-phoenix-deals-more-likely-to-fail-again-study-finds">• Companies revived in ‘phoenix’ deals more likely to fail, study finds<br></a></p><p>For three deca
The Federal Government says it has settled over N100bn in longstanding gas debts to strengthen the gas-to-power value chain and boost electricity supply. Read More: https://punchng.com/fg-settles-n100bn-gas-debts-to-boost-power-supply/
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