Debt

Both paths are designed to deal with obligations that cannot be paid as scheduled. A lawyer explains when it is worth reaching an arrangement and when an insolvency proceeding might be more appropriate.

A couple who fell into heavy debt managed to hide a treasure of jewelry and diamonds from creditors, but a bitter dispute with the wrong person led to the exposure of the safe and the loss of all the valuable contents.

The author of the world's most famous finance book caused a stir when he claimed he held an astronomical debt of billions of shekels. Now it turns out: his personal debt is much smaller, it is a PR stunt - and the strategy behind the crazy number is revealed | All the details

A major fintech deal: Nayax is acquiring smart parking company IPS Group for $350 million in cash. The transaction, partially financed through a $150 million debt raise, will expand Nayax's potential market by $85 billion. CEO Yair Nechmad: "We will offer cities a unified platform."

The debtor claimed that the debt was paid back in 2003 and that the creditor had been "sleeping on their rights" for almost a decade before initiating the procedure. The registrar at the Haifa Execution Office rejected the repayment claim but significantly reduced the interest on arrears in both cases.

G City CEO Chaim Katzman plans to spin off assets into a new subsidiary, 'Naga Commercial Properties,' distributing shares to existing investors. While intended to reduce debt, market analysts warn of significant risks and high leverage.

The financial technology and data group Ion, owned by billionaire Andrea Pignataro, has missed rent payments for offices across three continents. Landlords have restricted employee access to premises due to outstanding debts.

A divorced woman sought an arrest warrant against her ex-husband for a 1.9 million NIS child support debt, but the execution registrar ruled the debt was actually a disguised business obligation and ordered it discharged.

According to the indictment, the lawyer lent the complainant about 50,000 shekels that were not repaid. In response, the lawyer sent a series of threatening messages. Among other things, he sent two people to the complainant's house: "Within an hour, there will be guys at your house." The two did arrive and knocked on the door while the complainant was at home with his nine-year-old son.

The transport company "VIP Lux Travel" has applied to the court for a temporary stay of proceedings to negotiate with creditors, while simultaneously seeking a potential buyer, due to debts of 31 million shekels.

Nvidia's expansion in northern Israel has renewed interest in building a hotel in Yokneam. However, a previous attempt by developer Li Marshall to build a hotel complex failed, leaving the company with 50 million shekels in debt.

Satellite company Hughes Network Systems, an EchoStar subsidiary, is preparing to file for bankruptcy. The move follows a massive $1.5 billion debt repayment deadline due on August 1.

Guy Meroz revealed he has been assisting reservists and career soldiers struggling with war-related debt, but he is now overwhelmed by the volume of requests and is seeking help to manage the initiative.

A prominent US company specializing in storm-resistant windows and doors has filed for bankruptcy protection. Despite rising costs and debts totaling tens of millions of dollars, the company clarifies: "Offices are not closing, operations will continue."

An internal audit at Cohan Properties revealed that CEO Mike Cohan used millions of dollars in company funds for private assets. Despite claims of repayment, the outstanding debt stands at approximately $3.8 million as of July 29.

Credit cards are often seen as a tool for expense control, but the "fixed charge" feature hides an expensive revolving credit. Here is why installments and deferred payments are economically disadvantageous.

A 74-year-old widow paid over 56,000 shekels toward an original 18,000-shekel debt, only to see it rise to 127,000 shekels. The Execution Office registrar has now ordered the debt to be wiped clean.

Not every debt leads to bankruptcy. Learn whether it is possible to save a business in distress and how the debt settlement process works.

The trustee attributed fraudulent actions to the debtor, but the court clarified that an "in-depth investigation" into the circumstances of the debt's creation must be done only with its approval. The decision: The woman won economic rehabilitation.

After ranking first in the world for financial assets and 18th in average wealth, a UBS report reveals another parameter where Israel stands out. What is this interesting index, and why is a high number here not necessarily good news?