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...
Increase in Corporate insolvencies since Brexit
The latest figures released by the Insolvency service show a small rise in the number of Company insolvencies for the third quarter of 2016.In...
Debt Collection firm agrees to write off millions in purchased debt
A Debt Purchasing and Collections Company has been forced to write off £414m worth of debt after failings within its dilligence processes.'Motormile Finance UK'...
Banned Director jailed after running Credit Management firm
A Businessman from Leicester who fraudulently operated businesses including a credit monitoring service, has been jailed for two years and nine months following lengthy...
Banks set aside Billions for further PPI claims
Lloyds Bank became the latest banking group to make further provision for on going mis-sold Payment Protection Insurance (PPI) claims.Extra provisions have been put...
NHS to use Debt Collectors for crack down on health tourists
Teams of Debt Collectors are to be used to collect payment from supposed Health Tourists according to reports. A National Audit Office (NAO) report has...
Late Payments ‘Tsar’ to be appointed in 2017
Government Ministers have initiated a long awaited consultation on plans for a Late Payment 'Tsar'.The long overdue plans plans are set to aid small...
Insolvency levels rise for young women
Young Women in the UK represented the majority of insolvency cases the UK last year, according to research conducted by Insolvency firm Moore Stephens.In 2015, around 65%...
FCA reveals firm with most complaints
The Financial Conduct Authority (FCA) has revealed figures that show Barclays Bank as the most complained about company in the UK. These figures relate...
Irish Water seeking Debt Collectors
The Irish government's National Water Utility has put out a tender to hire a Debt Collection Agency to collect unpaid charges.The tender requests proposals...
Dodgy Haulage Boss punished for factoring scam
The Managing Director of a European Haulage Company has been heavily punished for his role in a cunning factoring scam.The Insolvency service mounted a huge investigation into...
Director banned after firm closes with £1.3m of debt
A Director has been handed a 6 year ban from being a Director after his company was forced to close amid masses of unpaid...
Top excuses for late payment of Business Debt revealed
A leading UK Business Debt Recovery firm have revealed the top 10 list of excuses for non payment as reported by their clients.The New Business Department...
Judge orders Bailiffs to seize Lord’s goods
A Court Judge ruled on Friday that goods and assets belonging to Lord Maginnis should be seized and sold. It relates to a debt...
Bogus High Court Sheriffs rob pensioner of savings
Police in Sussex have warned Home owners to be on guard after the theft of hundreds of pounds from an elderly pensioner in Sussex,...
Huge rise in Financial frauds
Reports of a massive rise in monetary frauds has been revealed by the Financial Fraud UK (FF UK) which has compiled a report.FFUK said there has...
Thug in Court over Bailiff attack
A thug from Nottingham appeared in Nottingham Crown Court last week on charges of assault and threatening behaviour, following an incident in July.Ashley Marlow aged...
Debt Charities advice costing Landlords thousands
New research from the NLA (National Landlords Association) has shown that advice given by Debt Charities to ignore eviction notices is costing Landlords as...
Great news for Small Businesses as Minister vows to get tough...
Robust new proposals designed to smash the rise in Commercial late payments have received support from a leading authority within Westminster.Minister for Small Business,...
FCA bans Adviser for lying
The Financial Conduct Authority (FCA) has shown its teeth by taking steps to ban a Financial Adviser who provided consumer credit services to the...
