May 2021

Auto wholesale figures are expected to decline on a MoM basis due to localized state lockdowns and supply side issues, Motilal Oswal Financial Services said. According to the MOFSL report, in May surveys were significantly below…

Fix the debt. Photo: Spencer Platt / Getty Images…

Federal government settled landmark challenge to robodebt program - conceding $ 2,500 debt raised against Deanna Amato was not legal because it was based on income averaging. In the orders done by consent on Wednesday, the Federal Court…

The federal government has privately admitted it would be forced to repay over 400,000 social debts worth around $ 550 million that were wrongly issued to hundreds of thousands of Australians under the scheme from sloppy robodebt.…

About 3,500 people will have about $ 10 million in personal debt written off by a collection agency, thanks to a settlement reached Friday by a federal court that resolved a lawsuit over the agency's right to…

Attorney General Maura Healey's office struck a multi-million dollar deal with a debt collection company that it said illegally targeted seniors, people with disabilities and others whose incomes are exempt from collection obligations of…

Reliance Wholesale Ltd v AM2PM Feltham Ltd In the recent Reliance Wholesale Ltd v AM2PM Feltham Ltd case, the High Court provided much-needed guidance and clarification on how the Court should approach cost issues when a petition claim…

BUFFALO, NY (WKBW) - The New York State Attorney General has announced a $ 60 million settlement that will shut down a Buffalo-based debt collection company. Three debt collection companies in total make up the $ 66 million settlement.…

February 6, 2012 ?? - The Federal Trade Commission has just cracked down on debt collector Asset Acceptance LLC for misrepresenting itself in trying to collect old debts. But this story is much bigger than a single company. There is a…

Is the “default” of payments under a settlement agreement an “operational debt” under the Insolvency and Bankruptcy Code of 2016 (“the Code”)? This question was answered in the negative by the National Company Law Tribunal of New Delhi…