Wales’ debt problems ‘increase by a fifth’
The number of people suffering with debt related problems in Wales has increased by nearly a fifth in the last year, according to the...
May Insolvency Index Reveals Stronger Firms
THE number of business failures in Wales in May was up on a year earlier although the financial strength of businesses ...
City Council writes off £7.26m after Debt Collection efforts fail
Edinburgh City Council has been forced to write off a whopping £7.26m after Debt Collection efforts have failed to recoup monies owed to them.The...
Insolvency levels rise for young women
Young Women in the UK represented the majority of insolvency cases the UK last year, according to research conducted by Insolvency firm Moore Stephens.In 2015, around 65%...
50% rise in car parking fines issued
Drivers across the UK have suffered from a 50% increase in the number of parking fines and tickets issued by private companies.According to new...
HMRC asks for help ‘modernising’ business debt collection
The HMRC has surprising made a public statement asking for advice on modernising its Business Debt Collection methods.The statement issued a couple of days...
Map shows where Bailiffs in London are most used to collect debts
The London Borough of Croydon sends out the highest number of bailiffs in all of England and Wales to collect debts, according to a...
Leading UK Debt Collection Firm announces 24.5% increase in collection figures
Leading UK Debt Collection firm announces 24.5% increase in Half yearly Collection figures
Bogus Bailiffs on the prowl
Police have warned members of the public that fraudsters are masquerading as Bailiffs in the Lincolnshire area.
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Small Business late payments hit 2 year high
With the UK economy likely to fall into a recession, small business late payments were made on average 8.2 days later in September. This...
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Debt Collection firm being sued for 3 years of wrongful harassment
A grandmother is suing a debt collection firm she says phoned her 900 times in three years
Rogue Insolvency firm shut down by Courts
A court has wound up a Manchester firm which offered unlicensed Insolvency Practitioner (IP) services.Save Consultants Ltd claimed to provide insolvency practitioner services when...
SME Late Payments increase by 48% says New research
Over 3.6 million (72%) small and medium-sized enterprises (SMEs) have some form of outstanding late payment from customers, leaving them £96,772 out of pocket...
