A bank levy involves taxing UK banks for economic risks and enabling creditors to freeze accounts to reclaim debts, balancing financial discipline and debt recovery rights.

Toys “R” Us Canada sought court protection from its creditors on Tuesday, becoming the latest legacy retailer to turn to the ...

Mark Henricks has written on mortgages, real estate and investing for many leading publications. He works from Austin, Texas, where he engages in songwriting, wilderness backpacking, whitewater ...

Limited liability companies are legally distinct entities formed and operated under state law. Therefore, LLCs are completely separate from its owners, or members. Assets titled in an LLC's name are ...

TORONTO — After closing 53 stores in the past two years and facing a succession of lawsuits from unpaid suppliers and ...

A debtor or borrower is a person or organization that borrows money from a financial institution, usually tied to a loan or credit card. The Fair Debt Collection Practices Act protects debtors from ...

Learn how the Paris Club, an informal group of creditor nations, resolves payment issues for debtor countries; gain insights ...

As the name implies, a limited liability company offers personal protection for its owners for debts incurred by the business. In most cases, this means that creditors may not attempt to collect the ...

A lot of folks in California, including probably a majority of professional legal and financial advisors, seem to think that Individual Retirement Accounts (IRAs) are either completely or partially ...

Creditor recoveries under the Insolvency and Bankruptcy Code remained at about 33% till September 2025, with steep haircuts, long resolution timelines and a high share of older BIFR cases ...

The major creditor Mubadala from Abu Dhabi has achieved a partial success before the international arbitration court ICC in ...