Welsh Businesses seeing rise in Overdue Invoices

The number of Welsh companies with overdue invoices on their books reached a 2024 high in September, according to new research from R3, the...

6% of Debt Collection visits breaching National Standards

New research has shown that debt collectors are breaching national standards in 6% of visits to individuals facing enforcement.The study into doorstep interactions in...

Small Business Bad debt increases by 127%

The value of bad debt suffered by small businesses has surged by a staggering 127 per cent in the last six months, according to...

Self Employed Tradespeople chasing debts of £6k on average

New research by Direct Line has found that the average self-employed tradesperson is chasing £6,000 in late payments.The data has shown that 81 per...

Government slammed over plans that will fuel Private Rent Arrears

Government Ministers are being urged to do more to prevent tenants building up private rent arrears, not allow them to get bigger as currently...

Map shows where Bailiffs in London are most used to collect...

The London Borough of Croydon sends out the highest number of bailiffs in all of England and Wales to collect debts, according to a...

Law firm ‘disappears’ owing £37.5m to Creditors

The administrators of a collapsed Liverpool law firm have admitted they do not know if creditors will receive a return, amid ongoing uncertainty over...

City Council owed £229m in Unpaid Debt

Bristol City Council is owed £229m in unpaid debt, included nearly £52m of council tax it has failed to collect. However unpaid invoices account for...

Authorities issue Scam Invoices warning

The Intellectual Property Office (IPO)  has issued a fresh warning to customers to beware of misleading requests for payments, sent by unsolicited organisations. These typically...

Londons lettings market being plagued by Rogue Tenants

London estate and lettings agent Benham and Reeves has uncovered a growing wave of fraudulent activity with rogue tenants targeting landlords in the capital. With...

Charity’s plea to restrict Council tax Debt Collection

The Charity, National Debtline says action is needed to improve debt collection practices at a effectively-bankrupt authority.Financially-stricken Birmingham City Council sent almost 60,000 debts to bailiffs...

SME Late Payments increase by 48% says New research

Over 3.6 million (72%) small and medium-sized enterprises (SMEs) have some form of outstanding late payment from customers, leaving them £96,772 out of pocket...

Council’s ineffective Debt Recovery leading to increased Bailiff usage

A debt advice charity has urged Warrington Borough Council to improve debt recovery methods after bailiffs were instructed 6,432 times in a year.New findings...

New Data says outstanding invoices reach shocking levels

New research by Upflow has found that over half of outstanding invoices (57%) are late, with a third of invoices (33%) taking longer than...

Overdue Invoices in Scotland reaching high levels

The number of overdue invoices in Scotland has reached its highest level this year, according to new research from R3, the UK’s insolvency and...

Contractor wins Late Payments legal dispute

An East Grinstead contractor has successfully overturned a legal decision that found it was wrong to terminate its contract with a housing association over...

2.7m Debt Cases passed to Bailiffs by Councils

More than 2.7 million debts were referred to bailiffs by local authorities in England and Wales during the 2022/23 financial year, according to new...

Report estimates 110,000 SMEs at risk of Insolvency

A new SME insights report by Dojo has revealed that an estimated 110,940 SMEs are at risk of going bust due to having no...

Arrest warrant issued for Insolvent celebrity after Court no show

An arrest warrant has been issued for Katie Price, after she failed to attend a court hearing relating to her bankruptcies. Insolvency and Companies Court...

New Data shows Small Business Late Payments increasing

Late payments to UK small businesses surged over the last three months, with payments delayed by more than a week on average, according to...