UK Debt Collection firms hired as Dubai seeks to reclaim $1Bn

Dubai's largest bank Emirates NBD is the major name amongst a number of Dubai based lenders who have called upon the services of UK...

Armed Police called in to assist Bailiffs in Gloucestershire

ARMED police descended on a Gloucestershire home after residents brandished knives and ball-bearing guns during a forced eviction of a middle-aged woman.

One in four UK businesses struggling to pay debts

Cash-flow problems that could leave companies unable to “fund any future recovery” are affecting one in four small businesses.

£2.5bn of debt could be written off as ‘unrecovered’

The Child Support Agency (CSA) folded in 2012 leaving debts of £3.7bn, with £2.5bn of that owed to approximately a million families across the...

Two Year Low for Credit Card Delinquencies

The latest credit card data released by FICO has revealed that credit card delinquencies have fallen for the past six months.

FCA reveals firm with most complaints

The Financial Conduct Authority (FCA) has revealed figures that show Barclays Bank as the most complained about company in the UK. These figures relate...

Liquidated football club had over 900 creditors

Bailiffs, Debt Collectors & High Court Enforcement officers were regular visitors to Football club, Hereford United's ground last year and the true extent of...

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...

Banks set aside Billions for further PPI claims

Lloyds Bank became the latest banking group to make further provision for on going mis-sold Payment Protection Insurance (PPI) claims. Extra provisions have been put...
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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.

Failed Debt Collection Agency sells Debt portfolio

A WARWICKSHIRE debt collection agency's portfolio of debt has been sold by administrators in an undisclosed deal.

Late payment continues to ‘kill’ UK Businesses

Recent research shows that many UK Businesses are being forced to make staff redundant and often, do not have sufficient funds to pay salaries. The...

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