Insolvency Expert frustrated at lack of Director Disqualifications
A leading UK insolvency expert has expressed her frustrations at the low number of directors facing disqualification, suggesting there is a lack of resources...
Survey claims SME’s owed £63k on average
New research conducted by Commercial Data specialists Dun & Bradstreet has highlighted that the UK's late payment culture is continuing to have an are...
£2.5bn of debt could be written off as ‘unrecovered’
The Child Support Agency (CSA) folded in 2012 leaving debts of £3.7bn, with £2.5bn of that owed to approximately a million families across the...
Authority’s crackdown on ‘super hero’ Portuguese debt collectors
Portuguese Debt Collectors dressed as Superman, Zorro or the Pink Panther become a feature of life in Portugal over the recent years to individuals...
Most UK Businesses not paying bills within 30 days
According to new reports, most UK businesses are taking more than 30 days to pay their suppliers, with the average term reaching as high...
Small Businesses struggling to deal with late payment increase
UK SME businesses survey found that over 80,000 Businesses are dealing with late payments.This is affecting all industry sectors, including nurseries, architects, removal companies...
British Man in Dubai Debt Collection hell
A British expat claims he has been left homeless and trapped in a Dubai Debt Collection hell following threats from local Debt Collectors.Jonathan Castle...
Big increase in Business CCJ’s
There has been a sharp rise in the number of county court judgments (CCJs) registered against companies in England and Wales for the third...
Labour Council vows to stop using Bailiffs
A Labour run Council in London has become the first local authority in the United Kingdom to stop using Bailiffs labelling it as a...
Late payment continues to ‘kill’ UK Businesses
Recent research shows that many UK Businesses are being forced to make staff redundant and often, do not have sufficient funds to pay salaries.The...
Tabloid investigation targets Dodgy Debt Collection firms
UK's Scam Debt Collection Agencies are still a problem that continue to blight the industry but putting a spotlight on their unethical activities is...
Late payment costing SMEs more than £2bn a year in the...
Small Businesses across the UK are feeling the pinch from late paying customers following the release of a report from Bacs.
The continuing practice of...
Businesses Debt Recovery to be affected by new MOJ rules
New Pre-Action protocol rules will make recovering debt from individuals a lot more difficult according to Business Debt Collection experts.New rules that are set...
Football club folds with huge debts
A football club has folded with huge debts despite last ditch attempts to save it. The Chairman of Notts County Ladies Football club admitted defeat...
UK Tradespeople owed over £30 billion in unpaid debt
The National Federation of Builders (NFB) has responded to Jeremy Corbyn's promise of a crackdown on late payments if the Labour Party is voted...
Directors of Debt Collection ‘leads’ firm disqualified
The Directors of Signed and Sealed Marketing, which purported to provide leads to Debt Collection firms in the UK have been disqualified for failing to maintain...
HMRC doubles spend on Private Debt Collectors
Figures released from Accounts firm UHY Hacker Young shows the HMRC had doubled its spend on Private Debt Collection services in the year 2016.HM...
FLA releases Debt Collection guide for its members
The Finance & Leasing Association has released a debt collection guide with the UK Cards Association to help members identify and support vulnerable customers.Working...
Troubled Debt Collection firm put into liquidation
A Merseyside based Debt Collection Agency has been put into voluntary liquidation following a turbulent past couple of years.Liverpool based 'Final Demand Limited' had been receiving negative...
6 tips for a Smart Business Debt Collection solution
Is your company's cash flow struggling due to late or non-paying customers? A smart choice for a Business Debt Collection solution will help solve...
