Workflow
Debt Settlement
icon
Search documents
Are credit card debt relief programs legit?
Yahoo Finance· 2025-06-04 23:52
The burden of credit card debt is high for many Americans. In the first quarter of 2023, credit card balances nationwide surpassed $1 trillion for the first time and have remained above that amount since — the most recent Federal Reserve data puts outstanding balances at a total amount of $1.18 trillion. On an individual scale, balances are high too. TransUnion data shows the average credit card debt per borrower is $6,580, while Experian data puts average balances at $6,730. With today’s very high credi ...
Panther Minerals Announces CEO Transition and Debt Settlement
Thenewswire· 2025-05-31 03:00
Management Changes - Mr. Robert Birmingham has stepped down as Chief Executive Officer of Panther Minerals Inc., effective immediately [1] - Mr. Birmingham has been appointed as an independent director on the board, effective immediately [2] - The company has initiated a search for a new Chief Executive Officer and will provide updates as the process progresses [3] Debt Settlement - Panther Minerals has entered into a debt settlement agreement to settle outstanding debts totaling $14,785.71 with an arms-length creditor [4] - The company will issue 924,106 shares at a deemed price of $0.016 per share as part of the debt settlement [4] - The shares issued will be subject to a hold period of four months and one day [4] Financial Strategy - The board of directors believes completing the debt settlement is in the best interests of the company to preserve cash for working capital [5] Company Overview - Panther Minerals is a mineral exploration company focused on its North American project portfolio, particularly in high-quality uranium projects [6]
New Wave Announces Shares for Debt Settlements
Globenewswire· 2025-05-12 11:00
Core Viewpoint - New Wave Holdings Corp. has entered into debt settlement agreements totaling $348,640, which will be settled by issuing 6,972,800 common shares at a price of $0.05 per share [1] Group 1: Debt Settlement Details - The debt settlement involves outstanding fees owed to service providers [1] - All common shares issued in connection with the debt settlement are subject to a four-month hold period as per Canadian Securities Exchange policies [2] - The closing of the issuance is contingent upon receiving necessary regulatory approvals, including that of the CSE [2] Group 2: Company Overview - New Wave Holdings Corp. is an investment issuer focused on supporting innovative companies in sectors such as esports, NFT, Metaverse, Blockchain, and Web3 [3] - The company aims to identify accretive acquisitions and is exploring entry into the emerging AI market [3]