6 Tips for choosing a Debt Collection Agency
If you're running a Business and thinking of choosing a debt collection agency (DCA), it is essential you choose the right solution. As with...
North East England Businesses facing late payment crisis
The scale of the SME late payment crisis facing North Eastern English firms has been highlighted by new reports. Latest figures show that North...
Spike in Debt Recovery action expected
A big spike in Debt Recovery action is expected following the end of temporary measures introduced by the government to help bolster Small Businesses...
New law introduced to solve Covid Commercial Rent arrears
Business Minister Paul Scully has announced the launch of a new law to help resolve remaining commercial rent debts accrued because of the pandemic.The...
Sporting legend sold trophies for £700k to clear debts
Trophies won by tennis sporting legend Boris Becker were auctioned off for £700,000 to pay debts off as part of his bankruptcy a court...
Contractor late payment increases
UK contractor late payment has been increasing since the start of the covid-19 outbreak two years ago.More than two-thirds (65%) of contractors have experienced...
Business Insolvencies doubled in February
Insolvency figures released this week by the Insolvency service for February 2022 showed corporate insolvencies more than doubled compared to the same month last...
Why Business Debt Recovery has a critical role to play
It will come as no shock that the main objective of any business is to make more money than it loses. Staying in the...
Council that refuses to use Debt Collection Agencies writes off £1.5m...
More than 1.5m worth of unpaid debt by way of unpaid rent arrears is being written off. Bristol City Councillors agreed that its staff...
Rogue Director gets 9 year ban for Covid loan lies
A rogue Company Director from Wolverhampton deliberately lied by exaggerating company turnover to secure a £50,000 bounce back loan.Inderjit Singh Dadial, aged 32 has...
Council plans to hire more Debt Collectors
A London council plans to hire more debt collectors to try and prevent it losing millions of pounds in revenue each year.
Harrow Council intends...
Unpaid Debt for £230 leads to 3m Scottish castle seizure
An Unpaid Debt for £230 dramatically paved the way for a majestic Scottish castle being seized by Scottish Sheriff Officers last week.
The Owners of...
25% of Small Businesses constantly chasing late payments
Cash flow and late payments are named as the biggest financial concerns for 22% of small business owners in the UK this year. One...
Ex Dragon’s Den star issued jail sentence for Unpaid Debt
The High Court in London has issued a suspended Jail sentence against a former on-line Dragons Den star.High profile American entrepreneur Julie Marie Meyer...
Debt Collection from Russia just got even harder
Collecting debt has always presented its own challenges for the UK's Debt Collection industry. With the current Ukraine conflict ongoing and widespread International condemnation,...
Scam Debt Collectors targeting the UK
A new wave of Scam debt collectors is targeting the UK's general public it emerged yesterday. Leading UK Debt Collection Agency Frontline Collections issued...
Debt Collectors being chased by their former Debt Collectors
Debt Collectors and Bailiffs Steve Pinner and Paul Bohill earned fame across the UK featuring on Channel five's Can’t Pay? We’ll Take It Away.Now...
Council could scrap use of Debt Collection Agencies to be ‘kinder’
Council Bosses in Lancashire are to discuss abandoning the use of Debt Collection Agencies to collect rent arrears or council tax. South Ribble and...
Creditor Voluntary Liquidations double
The latest figures from the Insolvency Service show that the number of Creditor Voluntary Liquidations have more than doubled for the first month of...
Construction Boss disqualified as Director for 7 years
A Construction Boss from West Midlands has been disqualified following investigations by the Insolvency service.The man, Mitchell James Smith, aged 40, from Dudley, has...
