LATEST ARTICLES

Businesses Debt Recovery to be affected by new MOJ rules

  New Pre-Action protocol rules will make recovering debt from individuals a lot more difficult according to Business Debt Collection experts. New rules that are set to be introduced by the Ministry of Justice will take...

Football club folds with huge debts

  A football club has folded with huge debts despite last ditch attempts to save it. The Chairman of Notts County Ladies Football club admitted defeat in his attempts to save the club just days before...

UK Tradespeople owed over £30 billion in unpaid debt

The National Federation of Builders (NFB) has responded to Jeremy Corbyn's promise of a crackdown on late payments if the Labour Party is voted in at the General Election. The NFB has highlighted the massive...

Directors of Debt Collection ‘leads’ firm disqualified

The Directors of Signed and Sealed Marketing, which purported to provide leads to Debt Collection firms in the UK have been disqualified for failing to maintain adequate company records. Arthur John James Ryan and Matthew Peter Hill were...

HMRC doubles spend on Private Debt Collectors

Figures released from Accounts firm UHY Hacker Young shows the HMRC had doubled its spend on Private Debt Collection services in the year 2016. HM Revenues and Customs (HMRC) forked out over £24m for Debt...

FLA releases Debt Collection guide for its members

The Finance & Leasing Association has released a debt collection guide with the UK Cards Association to help members identify and support vulnerable customers. Working in partnership with the University of Bristol’s Personal Finance Research...

Troubled Debt Collection firm put into liquidation

  A Merseyside based Debt Collection Agency has been put into voluntary liquidation following a turbulent past couple of years. Liverpool based 'Final Demand Limited' had been receiving negative reviews around the net. For the past few years the...

6 tips for a Smart Business Debt Collection solution

  Is your company's cash flow struggling due to late or non-paying customers? A smart choice for a Business Debt Collection solution will help solve that. Well, it will not surprise you to find out that...

Bailiffs ‘abusing powers’ say Debt Charities

  UK Debt Charities are continuing to receive complaints from members regarding some Bailiffs 'abusing their powers' reports say. These damming reports come some three years after new laws were introduced to try and protect debtors...

80% of Small Businesses owed money in the UK

Shocking new figures show that 4 out of 5 Small firms in the UK are owed money following a survey by a leading Commercial Insurance website. The recent Poll conducted by Business insurance website 'Simply Business'...