Italian car-parts manufacturer CLN-Coils Lamiere Nastri SpA asked bank creditors to write down about 90% of their unsecured ...

Italian car-parts manufacturer CLN-Coils Lamiere Nastri SpA asked bank creditors to write down about 90% of their unsecured ...

One expert offered advice for people who are struggling with debt, and the first step is to cut through the stigma to get the ...

Australia’s small and medium-sized enterprises have long been held back by rigid lending requirements. Traditional banks ...

One major disadvantage of debt settlement is that the government may tax forgiven or canceled debt as income. This could eat ...

Unsecured loans are debt products that do not require collateral but may come with higher interest rates and stricter credit requirements. There are various unsecured loans, including personal ...

The first step towards getting out of debt trap is to assess your current finances. Start the process by listing usual expenses like daily household expenses, insurance premia, school fee, medical ...

Debt settlement involves persuading creditors to accept less than the amount you owe as payment in full. Normally, debt ...

The owners of a Melbourne craft beer brewer have blamed ever-increasing and unfair taxes for the downfall of their business, ...

The percentage of unsecured debt to total debt outstanding is solid at 45.3% which provides less asset encumbrance for the benefit of senior unsecured noteholders and greater financial flexibility ...