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Debt collector who sent fake legal letters to debtors jailed 30 weeks, fined $80,000The owner of a debt collection company who passed himself off as lawyer while pursuing debtors was sentenced to 30 weeks' jail and fined $80,000 at the State Courts on Wednesday (9 January).
Source: YahooSG - 🏆 3. / 71 Read more »
Debt collection firm boss jailed 30 weeks, fined $80,000 for falsely claiming to be legal consultantSINGAPORE - The boss of a debt collection company who sent letters of demand to debtors while falsely claiming to be a 'legal consultant' will now have to pay his debts to society.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Debt collection firm boss falsely claimed to be legal consultantSINGAPORE - A debt collection company sent out letters of demand to debtors in which it claimed to be a 'legal consultant' - even though it was not.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
India's Modi gives US$1.4 billion aid to Maldives amid worry over its China debtIndia will provide a financial assistance of US$1.4 billion to the Maldives, Prime Minister Narendra Modi said on Monday during a press conference ... Muh mure bookh , GUI khai samoso .
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Noble Group taps Bermuda court to keep debt restructuring plan afloatNoble Group said on Tuesday (Dec 11) it will push on with its US$3.5 billion debt restructuring by keeping the new company private, a last-minute ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
More stringent personal loan restrictions to kick in from next yearThese stringent personal loan restrictions aims to help individuals avoid accumulating excessive debt.
Source: IndependentSG - 🏆 2. / 72 Read more »
More than 200 maids in debt seek help after loan cap takes effectUnder new rules that kicked in on Nov 30, foreigners earning less than $10,000 a year here can borrow only up to $1,500 from all licensed moneylenders combined.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Tesla plans to use stock-cash mix to pay off March debt: BloombergTesla Inc will pay a 50-50 mix of stock and cash to holders of its bonds due in March, if they elect to convert the debt, Bloomberg reported on ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
With eye on local debt, China vows to bolster watch over 'specialty towns'Top Chinese ministries have been told to improve the quality of the hundreds of so-called 'specialty towns' that have sprung up in the past two ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Singapore High Court extends Hyflux debt moratorium to end of April 2019HYFLUX has convinced a Singapore High Court to extend its debt moratorium by four-and-a-half months to April 30 next year, despite arguments from some bank creditors that the insolvent firm should be kept on a tighter leash. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »