Settlement Reached Between FTC and Debt Relief Company

The Federal Trade Commission put a stop to the allegedly deceptive practices of a debt settlement operation that lured consumers with exaggerated claims about how it could help reduce their debts.

Yorkshire Water to feed late payment details to Experian

Yorkshire Water late payers who miss bill payments could find it harder to take out loans or credit cards following a deal struck between the utility provider and credit reference firm Experian.
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Watchdog asks for help with Debt Collection guidance

The Financial conduct authority has asked banks, lenders and debt collectors for advice on how to deal with the fall out from emergency Covid-19...

300m Bank Boost for small businesses

BCC urges government to 'think bigger' as Vince Cable announces first tranche of £1bn business bank investment

Children to be given lessons on illegal loan sharks

School children in parts of England are to be given lessons, warning them about the use of illegal loans sharks.The IMLT (Illegal Money Lending...

Debt Collection Agencies facing the perfect storm

A recent survey has revealed that the debt collection industry is facing a "perfect storm" due to outdated methods of collection utilised by some debt collection agencies.
insolvency service targets bounce back loan abusers

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
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Bogus Bailiffs on the prowl

Police have warned members of the public that fraudsters are masquerading as Bailiffs in the Lincolnshire area.

Brit Jailed in Dubai Hits Out at British Embassy

Safi Qurashi, the London-born businessman jailed in Dubai on cheque fraud and currently awaiting a new trial date ...
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Law firm ‘disappears’ owing £37.5m to Creditors

The administrators of a collapsed Liverpool law firm have admitted they do not know if creditors will receive a return, amid ongoing uncertainty over...

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Bailiffs uncover huge cannabis factory

County Court Bailiffs in Sussex called in the police after stumbling across a multi million pound cannabis operation during a building repossession last friday.The huge cannabis farm was...

Authorities issue warning of Business Debt Collection scam

Cyber Police Action Fraud have warned Small Businesses and sole traders to be on guard against a new  Debt Collection scam in which financial...

New regulatory body for Bailiffs launched

A new regulatory body for bailiffs was launched on Wednesday as new figures reveal that over a third of families fear the cost-of-living crisis...

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