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...
Bailiffs ‘abusing powers’ say Debt Charities
UK Debt Charities are continuing to receive complaints from members regarding some Bailiffs 'abusing their powers' reports say.These damming reports come some three years...
80% of Small Businesses owed money in the UK
Shocking new figures show that 4 out of 5 Small firms in the UK are owed money following a survey by a leading Commercial...
Parents angry over ‘closed’ Private school’s debt collectors
Education Bosses have been defending their action to recover unpaid school fees owing to a Private school which closed last summer.Local Parents in Wearside...
Video store issues Debt Collectors threat to customers for 12 year...
A Video shop Owner from Kent has threatened his customers with Debt Collection action if old fines are not paid, some which date back...
Small Business late payment ‘guru’ search is underway
The Government is taking action to tackle late payment issues for small businesses in the UK. The proposed appointment of a Commissioner is now...
Consumer Debt Collection Agency collapses with huge debts
A large Consumer Debt Collection Agency has collapsed with masses of debt owing to its creditors including the HMRC, staff and suppliers.Experto Credite entered...
New Business Late Payment legislation to be enforced
The UK Government's Department for Business, Energy & Industrial Strategy (BEIS) has published a brand new updated set of draft regulations that specifically requires...
7 Smart Business Credit control tips for 2017
The start of a New Year is the perfect time to reflect on 2016 and implement new strategies. One of the key focal points...
UK Funeral Debt nears £150m
Funeral Debt is on the rise in the United Kingdom with research showing that private debt owing for Funeral fees has nearly reached the...
FCA to review high cost credit markets
The Financial Conduct Authority (FCA) has announced that it plans to review high-cost credit products that pose the highest risk to consumers.
Amongst the sectors...
Energy firm collapses with web of debts
A Energy supply firm based in Northern England has collapsed leaving creditors and customers in limbo according to reports.GB Energy Supply which is located in Lancashire has...
Debt Collection action could have saved 50,000 SME’s
A report from the Federation of small businesses (The FSB) have released a comprehsive report detailing the way that small companies are being systematically...
Grandfather in court over Bailiff gun scare
A 55 year old Grandfather who brandished a 'fake' handgun in order to try and scare off Bailiffs appeared in court yesterday in Essex.On...
