CSA Votes to Accept Law Firms as Members

The Credit Services Association (CSA) has voted in favour of allowing law firms to join its Association in a new category of affiliate members.

Fears for elderly over levels of mortgage debt

Concerns have been voiced over the number of elderly people sitting on large amounts of mortgage debt at risk from losing their homes.

Police Authority considers use of Professional Debt Collectors

After writing off invoices totalling nearly £800,000 last year, Police Scotland is looking in to the use of Professional Debt Collectors. The national force...

US Investment firm buys UK Debt Collection Agency

Private equity firm AnaCap announced yesterday it had agreed to sell British consumer debt collector Cabot Credit Management (CCM) to U.S. investment firm JC Flowers.

Dodgy Landlord jailed after failing to pay £28k Private Debt

A rogue Landlord from North Wales has been sentenced to prison after failing to pay back a £28,000 private loan to a family friend. Mark...

Company insolvencies at five-year low

The number of companies going bust in England and Wales has dropped to its lowest level since the end of 2007.

‘Economic growth’ reducing

There was more evidence of weak underlying health in the UK economy as a leading think-tank forecast a slowdown in growth in the three months to October.

Rising Energy Bills to Force Households into Debt

New research from U-Switch.com has revealed that spiralling energy costs could force 27% of households into debt by 2015.

High Street Giant enters administration

It has been announced that troubled UK high street stalwart British Home Stores has formally entered administration with over 11,000 jobs said to be...
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Insolvency Figures at Four Year Low

Personal insolvencies have fallen to a four-year low, despite the toughening economy, official figures show.

Northern Rock’s Bad Debts purchased by Debt Collection Agency

A debt collection business that takes non-payers to court has emerged as the buyer of £450 million of Northern Rock’s bad loans.

Calls For New Late Payment Legislation

A survey by the Institute of Directors (IoD) of SME’s across the UK revealed that of the 787 questioned, nearly half have suffered because...

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