Number of Business CCJ’s drops by 30%
The number of County Court Judgments registered against businesses England and Wales has fallen by nearly 30 percent compared with last year. The first...
Large Companies still delaying payments to Suppliers
New research shows that there has been no real improvement in the speed at which Large companies are paying their suppliers. The research conducted...
Residential Debt Collection Visits set to resume
Debt Collection enforcement visits to residential properties in the UK have been given the green light to resume from the 24th August.The news has...
9 out of 10 UK Businesses owed nearly £150k on average
UK businesses are returning to work this month with some trepidation, according to fintech business lender MarketFinance. The company’s latest research indicates that nine...
MP’s lobby Government for new Debt Collection Laws
A mixed party collaboration of MP's has written to the Chancellor requesting new legislative measures to reform the government's debt collection practices.The 50 strong...
7 out of 10 Businesses negatively affected by Coronavirus
Businesses are facing significant difficulties in the face of the coronavirus pandemic and are pessimistic about their growth once the crisis passes, according to...
Small Businesses face up to backlog of Unpaid Invoices
A Commercial 'Credit Crunch' is predicted as the UK's Small Business community are facing up to increasing Unpaid Invoices. Research by Business Funding Experts...
£4m Dubai Debt upheld by English Court
An English Court has ordered an ex-Football Club boss to repay a Debt order issued by a Dubai Court.The Court ruling made in Dubai...
Emergency Insolvency reforms introduced
The Government has introduced the Corporate Governance and Insolvency Bill in Parliament, which will put in place a series of measures to amend insolvency...
Seven Staff confirmed with Covid-19 at Debt Collection firm
Seven staff at a Debt Collection Call Centre in Lancashire have tested positive for Covid-19 after employees were ordered to return to work.Preston based...
Details released of Emergency Covid-19 Insolvency and Debt Recovery reforms
The Business Secretary Alok Sharma will be given new powers to help company directors during the current pandemic. This will enable him to extend...
23% Increase in Unpaid Business Invoices
The number of unpaid UK business invoices has increased by 23% according to new tracker by AI platform provider, Sidetrade.Sidetrade’s tracker is based on...
Insolvency Experts warn of mass Business Collapses
Over 500,000 British Businesses are at risk of collapse due to the Coronavirus claim Insolvency Experts.In the first three months of this year, over...
Debt Collection Trade Body warns against ‘writing off billions’
The Credit Services Association has issued a stern response to claims from Debt Charities in the UK. Charities have made audacious requests that all...
Debt Collection firms facing Coronavirus challenges
The UK's Debt Collection industry is in uncharted waters as are many sectors due to the coronavirus. Most though are still continuing to operate...
SME’s facing Coronavirus Cashflow problems
Over two-thirds of UK SMEs (69%) have reported significant pressures on their cash levels according to latest insights from business lender MarketFinance. This is...
Court orders Landlord to pay Tenant money over Eviction failings
A London based landlord has been ordered to pay her Tenant compensation following a botched 'eviction'.Landlady, Lydia Suleaudu demonstrated a blatant disregard for her...
High Court orders closure of Debt Collection Agency
The High Court in Manchester has ordered the immediate closure of a rogue Debt Collection Agency based in Newcastle.Following a number of complaints, the...
Estate Agent banned after spending clients monies
The owner of a Ipswich based Estate Agency has been banned from running a Business for five years.Jane Hipkin Russell aged 58, was subject...
Number of Personal CCJs hits record high
The number of Personal CCJs issued for the year 2019 hit a record high. The level of CCJ's issued against individuals is now double...
