NCLAT Chennai held that claim raised by operational creditor towards performance pay cannot be taken as operational debt ...

The liquidation value of a company represents the total value of its assets if the company were to go out of business and ...

18. It is claimed by the Appellant that, as per Section 43 of the Code, the Liquidator should have found an opinion based on ...

When you fail to repay credit card balances you owe, those unpaid debts are eventually sold to third-party debt collection agencies. This means you no longer owe the credit card company for the ...

A company accrues unpaid salaries on its balance sheet as part of accounts payable. Unpaid salaries are included in the ...

Typically, debt settlement firms ask you to stop paying your creditors and put money into a specific savings or escrow account. Once you've saved up enough, the company will begin contacting ...

Consequently, Berkeley is consistently recognized in the industry for build quality and was named the 2020 Developer of the Year by Premier Guarantee, a UK structural warranty provider that annually ...

Some lenders, for example, will discount the rate on a debt consolidation loan or send the loan funds directly to your creditors ... sponsored retirement account who can’t qualify for credit ...

Debt collectors have a reputation for being pushy, but there are strict rules about what they’re actually allowed to do.

A creditor has been prohibited from obtaining a mandatory injunction that would have required a debtor to draw down a lump sum from ... to draw down the funds from his pension scheme into an account ...

And if the authorized user or the account holder doesn’t use the card responsibly, it can hurt both people’s credit. Most credit cards are a form of unsecured debt. That’s because ... to be the same ...