Tim accelerates on revival. Launch of the turnaround on dividends: "Half a billion by 2027"
Tim has announced a significant turnaround, forecasting a cash dividend of half a billion euros to be paid out in 2027, marking a stark recovery from its previous debt struggles.
'Does Selling Delinquent Debt Mean the End?... Asking Financial Companies About 'Customer Protection Responsibility' for Original Debts
Financial companies will still bear customer protection responsibilities even after selling delinquent debts to collection agencies, aiming to prevent excessive recovery practices against those who have fallen behind on payments.
South Africa's debt stabilises for first time in 17 years
South Africa's debt is stabilizing for the first time in 17 years as the Finance Minister announces plans for a budget increase aimed at boosting security spending.
Debtors' Assets to Go on E-Auctions
The Polish government has approved a bill to launch an e-auction portal that will enhance the transparency and efficiency of debt recovery processes.
Major rule change for drivers will create 'parking free for all'
Proposed changes to parking regulations in Britain may lead to significant operational disruptions for parking companies and increased congestion in urban areas.
Do not exceed '5 days' of loan delinquency... If repayment is difficult, consider debt adjustment
The article emphasizes the importance of addressing loan delinquencies promptly and exploring debt adjustment options if repayment becomes difficult.
Clean Name Fair: how to negotiate debts with up to 99% discount in Ceará
The Clean Name Fair in Ceará allows over three million consumers to negotiate debts with significant discounts until April 1, 2026.
Azul says judicial recovery reduced debt by 1.1 billion dollars in loans and financing
Azul Linhas Aéreas has reported a significant reduction of 1.1 billion dollars in its debt following its judicial recovery process.
Ghana: GWL Deploys 200 Service Personnel to Recover GH¢866m Debt, Boost Digital Payments
Ghana Water Limited has launched an initiative deploying 200 service personnel to recover GH¢866 million in debts and promote digital payment systems.
From a credit score in the 200s to 980... Life changed by credit recovery support
A credit recovery program in South Korea has significantly improved the credit scores and lives of individuals previously burdened by debt and low credit scores, allowing them to reenter normal financial activities.
East Africa: Ethiopia, France Deepen Strategic Partnership With Landmark Debt Restructuring
Ethiopia and France have fortified their strategic partnership by signing key agreements aimed at advancing Ethiopia's economic reforms and debt restructuring.
NDIC steps up debt recovery from failed banks
The Nigeria Deposit Insurance Corporation is intensifying efforts to recover outstanding loans from debtors of failed banks using new powers from the NDIC Act 2023.
The executor seized man’s retirement savings, which he had saved from non-seizable minimums. It’s alright, said the Constitutional Court.
The Czech Constitutional Court upheld the seizure of a man's retirement savings, stating it was permissible even though the savings were derived from a non-seizable income.
Man attacked over R$ 200 remains in ICU in critical condition, says family
Sebastião Lima Ferreira, a 55-year-old man who was assaulted after demanding payment of a R$ 200 debt in Ceilândia, remains in the ICU in critical condition according to his family, who report no hope for his recovery.
Student loans in recovery exceeded 100 million last year
Last year, over 100 million euros in student loans went unpaid, affecting nearly 9,000 borrowers, prompting Kela to step in as a guarantor.
Claimed by Fictor as the main creditors deny debt with the company
Sefer Investimentos has filed a petition asserting it is not a creditor in Fictor's judicial recovery process, disputing the accuracy of the debt listing provided by Fictor which claims a debt of R$ 430 million.
Palmeiras terminates contract with Fictor after judicial recovery request
Palmeiras has announced the termination of its sponsorship contract with Fictor, citing the company's contractual default and its judicial recovery request due to over R$ 4.2 billion in debt, including R$ 2.6 million owed to the club.
Fictor files for judicial recovery, with a debt of R$ 4 billion
The financial holding Fictor filed for judicial recovery in São Paulo on Sunday, citing a total debt of R$ 4 billion and seeking urgent protective measures to suspend executions and blockages.
Sánchez announces the creation of a 'sovereign fund' with a base of 10.5 billion euros
Spanish President Pedro Sánchez has announced the establishment of a 'sovereign fund' with an initial base of 10.5 billion euros aimed at mobilizing 120 billion through private debt from national and international investors beyond 2026.
Behind on Student Loans? Here’s What to Do Now for the New Year
The article provides guidance for individuals struggling with student loan payments as the new year approaches, offering steps to take for financial recovery.