#financial-distress

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Poker
fromThe Nation
2 weeks ago

Welcome to Casino Capitalism 2.0

Gambling can lead to a cycle of addiction, financial problems, and reliance on family support.
fromwww.mercurynews.com
2 weeks ago

State Farm wins first-ever emergency rate hike in California

State Farm can increase homeowner and renter insurance rates due to necessary fund stabilization as it faces over $7 billion in claims from fires.
SF parents
fromSFGATE
2 weeks ago

Elderly Army Veteran Forced To Sell Her Home Over Unexplained $12K Water Bill

Janet Engler, an 81-year-old veteran, struggled with a $12,000 water bill, believing it was due to a meter fault; ultimately, she was forced to sell her home.
DC food
fromSustainable Bus
1 month ago

Ebusco is still on the brink of insolvency due to "overdue payables exceeding its available liquidity" - Sustainable Bus

Ebusco's ability to continue operations is at risk due to overdue payables exceeding liquidity and reliance on third-party agreements for payment schedules.
European startups
#hudsons-bay
fromwww.cbc.ca
2 months ago
Toronto startup

Hudson's Bay returns to court to seek approval to begin liquidating its business | CBC News

fromwww.cbc.ca
1 month ago
Toronto startup

Hudson's Bay to sell off all merchandise at 6 stores previously spared from liquidation | CBC News

fromwww.cbc.ca
2 months ago
Toronto startup

Hudson's Bay returns to court to seek approval to begin liquidating its business | CBC News

fromwww.cbc.ca
1 month ago
Toronto startup

Hudson's Bay to sell off all merchandise at 6 stores previously spared from liquidation | CBC News

from24/7 Wall St.
1 month ago

Paying my credit card minimum keeps hurting my score, and credit limits. What Are my options to fix?

The Reddit user's credit score dropped by over 120 points after losing his job and only making minimum payments on his credit cards.
Bootstrapping
NYC parents
fromTruthout
1 month ago

Education Department Restarting Loan Collections for First Time Since 2020

The U.S. Department of Education is restarting student loan collections, including wage garnishments, affecting millions of borrowers facing financial hardship.
fromwww.theguardian.com
1 month ago

DWP to overhaul carer's allowance checks after overpayment scandal

Ministers have announced an overhaul of the way carer's allowance overpayments are checked, aiming to fix a flawed system that has left many in severe debt.
UK news
NYC real estate
fromNew York Post
1 month ago

Save our buildings - or The Bronx (and the rest of NY) will 'burn' again

The Bronx housing market is showing signs of financial distress reminiscent of the city's 1977 decline.
#uk-economy
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