If a borrower owes a debt of at least $15,000 that cannot be repaid, then either the borrower or creditor may file a Bankruptcy Application with the High Court. There are consequences to being declared bankrupt such as restrictions to travelling overseas and access to credit.

However, if one has exhausted all other options for repaying his /her debts, bankruptcy is an option for consideration.

Language: English
Presented by Credit Counselling Singapore.

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Visit Credit Counselling Singapore – https://www.ccs.org.sg

Information on Bankruptcy – https://io.mlaw.gov.sg/bankruptcy/who-is-the-official-assignee/

Take our Online Debt Management Course – https://www.ccs.org.sg/get-help/odmc/

Address a Debt Problem – https://www.ccs.org.sg/debt-management/

Arrange for Financial Counselling – https://www.ccs.org.sg/get-help/appointment-documents/

Download Counselling Request Package – https://www.ccs.org.sg/sdm_downloads/crf/

Peter Schiff on Taxes, Debt, Inflation And More

In this Peter Schiff interview he explains why the government uses taxes to pay all the debt and programs.

Welcome to Success Attraction, the number one place for educational, motivational and business content.

Our mission is to improve people’s lives trough motivation, inspiration and education, from the high achievers of the world.

In this channel you will find the best speeches for motivational videos, best motivational speeches, inspirational videos, success video motivation and best interviews from the top entrepreneurs.

Be sure to SUBSCRIBE here: https://bit.ly/2RxbNah

#SuccessAttraction #PeterSchiff #economy

Too much debt weighs you down, more than you think. Let the Credit Counselling Society help you get debt off your back. It’s confidential, it’s free and it works. Call us. All you’ve got to lose is your debt.

Judith explains how she got into debt and how debt review helped her get her life in order. She also has some advice for current over-indebted consumers.

This TDM Special Issue aims at analysing the current scenario that mediation faces in the context of insolvency matters, as well as new trends, developments, and challenges.

Guest Editors: Prof. Laura Carballo Piñeiro and Prof. Katia Fach Gómez

Table of Contents and Free Excerpt available at:
https://www.transnational-dispute-management.com/journal-browse-issues-toc.asp?key=74

The Mediation of Bankruptcy Disputes in the United States
by A.L. Gropper

The Role of Mediation in the New EU Approach to Insolvency
by L. Galanti

Mediation in the Context of (Approaching) Insolvency: A Review on the Global Upswing
by N. Pavlova Mocheva, World Bank Group
A.R. Shah

Mediation in Formal and Informal Insolvency: A Greek Perspective
by E.S. Papadimitriou

The Role of Mediation in Japanese Insolvency Practice
by S.I. Abe

The Three Targets of Insolvency Mediation: Dispute Resolution, Agreement Facilitation, Corporate Distress Management
by P. Lucarelli, I. Forestieri

Mediation as A Path to Business Restructuring – Contributions to the Portuguese Insolvency Framework
by A.F. Ferreira Colaço da Conceição, C.F. Marques Cebola

The Role of Mediation in Refinancing Groups of Companies: The Case of Spain
by M. Flores

The Insolvency Mediation in the Spanish Law
by C. Senés Motilla

Out of Court Payment Agreement. A Sui Generis Mediation in Insolvency Matters in Spain
by G. García-Rostán Calvín, S. Tomás Tomás

A Deliberation on Adapting Aspects of Singapore’s Mediation Initiatives Within the Australian Federal Court’s Practice to Further Improve the Liquidators’ Recovery of Assets
by C.F. Symes, J.F. Fitzpatrick

Determinants of Failure … and Success in Personal Debt Mediation
by J.J. Kilborn

Non-Performing Loans Prevention in Italy: Early Warning Indicator and Negotiation – Mediation in Bankruptcy
by G. Matteucci

The Effect of Insolvency on International Mediation – The European and Spanish Perspectives
by M. Penadés Fons

Choice of Law aspects of Mediation in Cross-Border Insolvencies within the European Legal Framework
by M. Asgharian

Watch or Listen to this recording of to my latest podcast to hear expert views on how debt counselling works, how to choose a good debt counsellor, plus what to do if you are already in debt review and want to get out.

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Money is a complicated thing. Trillions of dollars worth move every single day, but $27 Trillion Dollars of that is global debt? But what does that mean? In this video we explain what global debt is, who owes it and to who?

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TLDR is all about getting you up to date with the news of today, without bias and without filter. We want to give you the information you need, so you can make your own decision.

TLDR is a super small company, run by a few people with the help of some amazing volunteers. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, following and backing on Patreon. Thanks!

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1 – https://www.investopedia.com/updates/usa-national-debt/
2 – https://edition.cnn.com/2020/01/13/economy/global-debt-record/index.html
3 – https://www.iif.com/Portals/0/Files/content/Research/Global%20Debt%20Monitor_July2020.pdf
4 – https://spendmenot.com/blog/national-debt-by-country/
5 – https://www.businessinsider.com/heres-who-holds-the-worlds-60-trillion-in-sovereign-debt-2016-9?r=US&IR=T
6 – https://hbr.org/2020/02/how-much-money-does-the-world-owe-china
7 – https://data.worldbank.org/indicator/NY.GDP.MKTP.CD
8 – https://www.ft.com/content/4fd4e6ac-440a-11e9-b168-96a37d002cd3
9 – https://www.tutor2u.net/economics/reference/evaluating-the-effects-of-rising-national-debt

Our credit counseling course, (also required to file bankruptcy), is available at https://ccadvising.com

The numbers are in for the month of January!

My Etsy Shop:
https://www.etsy.com/shop/TheUrbanScavenger?ref=search_shop_redirect

Learn about different options, including debt management programs or DMPs, Chapter 13 bankruptcy, credit card debt consolidation loans, or other personal loans to help resolve your debt issues.