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accounting
Settlement with state bans debt collection firms in Buffalo
Three companies agreed to pay $ 66 million for using illegal tactics to trick people into paying more than they owed.
BUFFALO, NY - Buffalo-based debt collection businessmen and their companies have been…
Argentina regains its breath thanks to crucial debt deal: for now
Through Cassandre Garrison, Rodrigo CamposBUENOS AIRES / NEW YORK (Reuters) - Argentina has found its breath after restructuring nearly all of the $ 65 billion in foreign bonds, though it now faces a huge challenge to kick-start growth…
Croatia’s health debt to be financed through reallocation and cost cuts – EURACTIV.com
The funds needed to settle the debt of the Croatian health system will be secured through a reallocation and revision of the budget as well as cost reductions, Finance Minister Zdravko Marić said on Thursday.
Marić…
Robodebt victims referred to debt collectors even after government-recognized program was illegal |…
Nearly 1,000 robodebt victims have had their debts sent to an outside debt collector, even after the government admitted in court that the program was illegal, new figures show. Commonwealth Ombudsman report released last month lambasted…
US restores sovereign immunity to Sudan, authorizes funds to help pay off debt
Through Nafisa Eltahir, Humeyra PamukCAIRO / WASHINGTON (Reuters) - The United States on Monday restored sovereign immunity to Sudan, as the United States Congress passed a law formalizing the decision, after the designation of Sudan as…
South Africa increases vaccine spending in ‘balancing act’ amid debt worries
Through Olivia Kumwenda-Mtambo, Mfuneko ToyanaCAPE TOWN (Reuters) - South Africa could spend up to 19.3 billion rand ($ 1.33 billion) over the next three years to vaccinate most of its population, the Treasury said on Wednesday , in a…
EOH sets the record straight on debt settlement recognition
Through Dieketseng Maleke Apr 23, 2021Share this article:To shareTweeterTo shareTo shareTo shareE-mailTo shareInformation technology group EOH said it wanted to clarify the events that led it to sign an IOU.The company said it had been!--sse-->!-->!-->!-->…
Africa’s debt dances with China in the creation of the Belt Road Initiative
After all, many advanced countries have yet to fully grasp both the imperative of help African countries to develop through such investments and that substantial risk-adjusted returns can be achieved by helping the continent close its…
Baghdad pledged to write off Tehran’s debt: PM adv.
The Iraqi prime minister's adviser for construction and services, Sabah Abdul-Latif, said Wednesday. Baghdad is fully committed to settling its debts to Iran.
“Due to my university education, I monitor the conditions of…
Charging interest on a written off debt requires careful consideration
This article was previously published on the Ontario Systems Blog and is republished here with permission (and with additional insideARM info below).
Believe it or not, many creditors will not charge interest on a debt written off even…