Taxpayers Pay Out nearly $50 Million For Financial Assistance

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Unemployment coupled with an ageing community will cost Bermuda taxpayers nearly $50mi in support payments through Government Financial Assistance by the end of the fiscal year in March 2015. Community, Culture and Sports Minister Wayne Scott said $36 million was budgeted last year alone. But by ... Read more

Hospitals Board Issue Advance Notice On Tax Hike For Workers

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Bermuda’s hospital workers were up in arms following word that their pay cheques will take another hit effective April 1, 2015. One worker told Bermuda Real that it is not so much what the Bermuda Hospitals Board (BHB) has done but staff take issue with how the board chose to notify them. On... Read more

Millions Owed in Unpaid Child Support in Arrears

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Did you know delinquent parents in Bermuda owe millions of dollars in unpaid child support payments in arrears? In part two of a Bermuda Real series, Senior Magistrate Juan Wolffe discusses the social spinoff effects in dollars and cents, right down to the life-long impact on the children who fee... Read more

Millions Owed in Hospital Debt by Uninsured Residents Due to Unemployment

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Uninsured residents have racked up millions of dollars in unpaid hospital bills that has created the bulk of debt collection cases before Bermuda’s Civil Court. According to newly appointed Senior Magistrate Juan Wolffe, it is the new social ill, compounded by unemployment, that needs to be arr... Read more

Allegations of Unfair Banking Practices Prompts Investigative Talks

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Preliminary talks are now underway with the Bermuda Monetary Authority, the Ombudsman and Consumer Affairs, following a slew of complaints alleging unfair banking practices by three local banks. Several account holders, including senior citizens who don’t use computers, also contacted Bermuda Rea... Read more

Typical Day In Civil Court For Debt Collection

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In preparation for this series Bermuda Real sat in on Civil Court proceedings over a four-week period that started in mid-September 2014 to witness a slew of cases stemming from unpaid bills as a direct result of unemployment in Bermuda. It was clear from the outset that the impact of the recessi... Read more