TITLE

WAG Wannabe's Winding-Up Bankrupt

AUTHOR(S)
Blackburn, Eileen
PUB. DATE
July 2006
SOURCE
Credit Control;2006, Vol. 27 Issue 7/8, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the growth in the number of young women in Great Britain who are winding-up bankrupt as a result of credit card debts and rising household bills. One explanation for the trend is that many women are trying to emulate the lavish lifestyles of the so-called footballer wives and girlfriends but without access to a footballer's income. More young women need to strike the right balance between managing their credit and becoming a debtor.
ACCESSION #
24049965

 

Related Articles

  • Finding a Pocket for Payment When Your Corporate Customer Files Chapter 11: A Creditor's Committee's Right to Sue the Debtor's Principals. Blakeley, Scott // Business Credit;Jan2002, Vol. 104 Issue 1, p65 

    Discusses how to find a pocket for payment when corporate customer files for bankruptcy in credit management. Appointment to the creditors' committee; Powers of the creditors' committee; Vigilance of vendors; Action of the creditors' committee.

  • Confusion in court. Walker, Peter // Credit Management;Sep2000, p22 

    Clarifies confusion over whether some transactions between creditors and banks are void in insolvency in Great Britain. Studies of recent legal cases; Impact of the state of a creditor's bank account on credit management; Risk in such transactions.

  • Credit officials urged to negotiate with debtors. Beauclair, Steve // Caribbean Business;10/8/1998, Vol. 26 Issue 40, p11 

    Gives information on the statements made by attorney Felix Montanez-Miranda at a seminar at the Banker's Club on `Strategies to Avoid Bankruptcies,' as regarding negotiations between credit officials and debtors. Views that each party should concede something during the negotiations; What can...

  • AgriBioTech wins interim line of credit.  // Landscape Management;Apr2000, Vol. 39 Issue 4, p26 

    Reports that AgriBioTech Inc. won an interim Bankruptcy Court order to enter into a debtor-in-possession (DIP) credit facility with its pre-bankruptcy lenders due to a cash flow crisis. Amount the company can borrow from the credit facility; Strategy of the company to raise additional funds;...

  • Out-of-Court Liquidations Pose Questions for Credit Professionals. Thorne, Deborah // Business Credit;Jun2008, Vol. 110 Issue 6, p22 

    The article offers a framework that would help creditors in examining whether to accept a proposed out-of-court resolution. It also provides suggestions of what type of information needed by a credit professional in order to determine his or her course of action. It also discusses the...

  • Chairman's column. Hopewell, Stuart // Credit Management;Sep2004, p4 

    The article presents information on the world of credit management. The author discusses the Enterprise Act implemented in Great Britain. He states that there are two redeeming factors of the legislation. One is the abolition of Crown Preference and an end to banks' priority. However banks have...

  • Pre-pack review -- reputational risk. Kerr, David // Credit Management;Nov2013, p16 

    The article offers the author's insight on the need for creditors to be provided with a full account of the transaction to avoid any insolvency regime. The practice of pre-pack administration, where a sale of the insolvent company's assets has been agreed before the administrator's appointment,...

  • Preference Checklist. Nathan, Bruce // Business Credit;Jun2007, Vol. 109 Issue 6, p64 

    The article offers information on how trustees can recover a preference from a bankrupt debtor. A list of requirements that a creditor must satisfy in order to qualify for a preference claim is provided. A discussion on preference defenses, which enables creditors to do business with a bankrupt...

  • TIME FOR A POOL PARTY! Kerr, David // Credit Management;Nov2015, p12 

    The article offers the author's insights on the application to the pre-packed pool insolvency principle. Topics discussed include the several objectives of using insurance pools, purpose of the pool in providing comfort to creditors and checking transactions, and revised Statement of Insolvency...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics