Got into trouble: Justina Partikė and her ex-husband Vytenis Partikas sued
Entrepreneur and beauty specialist Justina Partikė and her ex-husband, performer and hair stylist Vytenis Partikas, were taken to court.
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Russia is in debt up to its ears: 3 countries have not paid nearly a trillion
Companies from the so-called Russia-friendly countries are increasingly failing to fulfill their contractual obligations with Russian businesses and are accumulating debts, writes the news portal “The Moscow Times”.
Money to an ex-partner: when is it a gift, and when is it a debt that can be reclaimed?
During the relationship, one partner can transfer money to the other for rent, medical treatment, daily needs, beauty treatments, or other personal expenses. However, when the relationship ends…
Russia borrowed nearly 10 billion euros per day from banks
The Russian Ministry of Finance has returned to distributing government bonds to cover the budget deficit after a one and a half month break.
Noble deed: Neymar’s family company covered the million-dollar debt of the Brazilian football club
Neymar’s family-owned company extended a helping hand to the famous Brazilian club. It was reported that Santos received a financial injection of 2 million euros from the footballer’s family business.
Research: Lithuanians most often borrow from friends and relatives, but a psychologist warns about the dangers
When in need of borrowing money, residents of Lithuania are more likely to turn to relatives than to financial institutions. The latest research shows that most often loans are taken from the second…
When you want it here and now: when does buying on installment become a risk for young people?
For young people, consumer loans and installment purchases often become their first independent financial commitment. However, precisely because of this, even a small monthly payment can…
The company disappeared leaving a six-figure debt
Due to bankruptcy, the fish processing company “Pro industrija” operating in Klaipėda was liquidated and deregistered, leaving nearly 0.8 million euros of debt unpaid.
Paid for training but ended up in court – a broker’s story revealed a legal paradox
Asta Sabaitė started her career as a real estate broker with enthusiasm – she signed a cooperation agreement, paid for training, and hoped to acquire a new profession. After a year, she sighed…
Is it possible to write off debt to a former spouse through personal bankruptcy?
This is exactly the kind of dispute that was examined in Lithuanian courts. In the case where the creditor’s interests were represented by AVOCAD associate partner, lawyer Egidijus Kieras, it was decided whether an individual’s bankruptcy can be a basis to get rid of a debt that arose not from business or a loan, but…
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