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‘Fake’ Debt Collection scandal spreads to student loans
Hot on the heels of the Wonga scandal, UK university graduates who have fallen behind on their loan repayments have been receiving threatening communications...
Troubled Fashion retailer avoids Administration
Troubled fashion retailer Superdry has received court approval for its restructuring strategy as it looks to avoid administration.The announcement on Monday comes after the firm’s shareholders on Friday...
Credit Today Conference to Feature UK’s 4 Biggest Banks
Credit Today’s Collections, Debt Sale & Purchase conference returns this year with an exclusive panel featuring four of the ...
Fraud Reporting changes criticised
Victims of fraud across the UK will be told to contact the Home Office agency Action Fraud rather than their local force from 1 April.
78,000 Premises visited by Bailiffs due to Business Rate debt
Research by real estate adviser Altus Group revealed that, during the last financial year (2018/19), over 78,000 non-domestic properties from retailers to restaurants to...
Council states that Debt Collectors are essential
The Council are now set to hire more debt collectors after the met on Wednesday and agreed that supplement the work done by council...
Late Payments ‘Tsar’ to be appointed in 2017
Government Ministers have initiated a long awaited consultation on plans for a Late Payment 'Tsar'.The long overdue plans plans are set to aid small...
Ministry of Justice to reform Bailiffs Industry
We can all expect to hear more about bailiffs in the next few months. The Ministry of Justice is planning to reform parts of the 700-year-old framework governing these debt-enforcement officers
Landlord Tenant Evictions rise by 207%
The latest statistics released by the Ministry of Justice have shown there were 4,853 landlord possessions across England and Wales between July and September....
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Crime Magazine Wound Up After False Advertising Claims
A High Court Order to wind up a magazine publisher that has made millions after making false claims to advertisers has been ...
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Councils criticised for robust Debt Collection
A debt advice charity has called for local authorities to be more "considered" about their debt collection methods
Company Directors banned for trading whilst insolvent
Three Directors of a Finance firm have been banned for trading whilst insolvent. Their actions caused their company to take money from its clients...
OFT to suspend rogue Debt Collection Agencies
In the UK, The Office of Fair Trading (OFT) has been given the power to suspend any debt collection agency that targets and mis-sells credit to certain vulnerable consumers.
