Register today to access recent news and articles.

Debt

Scotland’s new debt register costs revealed

Scotland's new Debt Arrangement Schemes will protect creditors from judgment enforcement except in special circumstances. The schemes will apply where the debtor is either an individual or sole trader. So if you advance credit to such a person who has...

#WHO

Factoring debt repayment failure led to Mayflower fall

Mayflower Corporation failed for four years to make full payments to HSBC, which was operating an invoice-discounting scheme on its…


Credit Guarantee Corp’s bad debt provision up 150%

Start-up businesses were badly hit by the tough economic environment last year, as evidenced from the sharp increase seen in…


Small Debt Resolution Scheme to help SMEs

Bank Negara Malaysia will start promoting its Small Debt Resolution Scheme (SDRS) to small- and medium-scale enterprises (SMEs) by the…

#bank#banks#conference


“Bank replaced workers as preferred creditors in debt restructuring,”...

A company supplying shock absorbers to car makers had secretly imposed a "waterfront-style" corporate restructure to avoid paying almost $4…


Shipowner boosts stake in debt collection agency

John Fredriksen, best known for being the world's largest tanker owner, has boosted his stake in debt collection agency Aktiv…


Debt knell for Ceska Konsolidacni Agentura

Bohuslav Sobotka, the finance minister, says that the cabinet has approved the ministry’s proposal to wind up the state-owned debt-factoring…


Boston Financial opens debt-management unit

Factoring company, Boston Financial Corp., yesterday unveiled a new unit, Boston Financial Solutions LLC. The new venture will focus on…

#management


Sale of receivables facilitates debt guarantee

Fitch Ratings has upgraded and removed from Rating Watch Positive Transamerica Finance Corp.'s (TFC) senior debt to 'AA-' from 'A'…


GBP 20 million Libyan debt settlement puts ECGD back...

The Export Credits Guarantee Department (ECGD) is set to resume cover for UK exporters and investors to Libya after a…

#exporters#international#risk


GBP20 million Lybian debt settlement puts ECGD back on...

The Export Credits Guarantee Department (ECGD) is set to resume cover for UK exporters and investors to Libya after a…


Lesco sells receivables, refinances bank debt, eliminates interest rate...

Lesco Inc. (Nasdaq: LSCO) has completed the restructuring of its debt. Lesco said the restructuring includes the sale, for US$58…

#bank#bank loan#conference

Hermes considers action to recover debt from Russian bank

Germany's Euler Hermes Kreditversicherungs (Hermes) credit insurance agency plans to sue bankrupt commercial bank Inkombank to recover past debts from…

#bank#bankruptcy#Commerzbank

Our Sponsors
Our Events
View All
To top
BCR Publishing
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.