Music festival cancelled as firm collapses
The Company behinds Shropshire's largest music festival has applied for a Creditors Voluntary liquidation. 'Shrewsbury Fields forever' festival had been scheduled to be held...
Crooked eviction advice firm shut down
A Midlands based Company which claimed to provide eviction and repossession advice services has been shut down by the Insolvency Service. The company provided services to private...
Debt Collection Boss facing 20 years prison term
Huge Efforts by US Government officials to crack down on view as unscrupulous debt collection practices have entered the courtroom. A Georgia man is...
Charity slams use of Bailiffs
Well known Debt charity organisations StepChange and the Money Advice Trust (MAT) have both reported increasing levels of council tax debt in England & Wales.
It...
Invoice Fraud causes loss of £9bn to SME’s
A new report released has revealed details of a whopping £9bn lost to scammers as a result of fraudulent invoicing and scam debt recovery.The...
High Street Giant enters administration
It has been announced that troubled UK high street stalwart British Home Stores has formally entered administration with over 11,000 jobs said to be...
Late payment continues to frustrate UK SME’s
Around 48% of Small and Medium Sized Enterprises in the United Kingdom continue to be frustrated by late payment of invoices and overdue payments...
Cash strapped NHS trust calls in Debt Collectors
A NHS Health trust which overpaid staff by £200,000 enlisted the assistance of a firm of Debt Collectors to help try and recoup the...
FOS warns of rogue British bank
The Financial Ombudsman Service has announced it has had sackfuls of complaints about an unauthorised bank claiming to pay off mortgages for a £10 monthly...
Russian Debt Collectors hit horrifying new low
Russia's Debt Collection industry hit a new low this week as it was reported that Evil Debt Collectors had cut off a children hospital's...
60% of UK Small Business invoices paid late
59.6% of all invoices owing to small businesses in the United Kingdom are paid late according to research conducted by factoring firm Marketinvoice.This latest...
Scottish motorists Debt Collection woes
English Debt collectors are being drafted in to chase up unpaid parking fines for car parks across the north-east Scotland, a charity has claimed. Citizens Advice...
Russia’s Debt Collection Hell
Russian Debt Collectors adopt menacing Collection methods
The Russian authorities are rushing through proposals to deal to stem the tide and rising threats by lenders including...
New proposals could see the end of the PPI Claims industry
The United Kingdom's Ministry of Justice announced yesterday it is set to limit the fees charged by PPI Claims Management companies to their customers...
Cardiff Council employee stole child safety funds to pay Bailiffs
Cardiff Crown court has heard how a Cardiff Council employee allegedly syphoned more than £35,000 from petty cash account of the Council's Child safeguarding Unit to...
Personal & Company Insolvencies decrease
Personal Insolvencies have reached their lowest point in ten years according to official figures released by the insolvency service.2015 saw 79,965 declared insolvent. This...
UK Supermarkets late payment shame
Every single one of the UK's major supermarkets are guilty of regularly failing to pay suppliers on time according to data analysis from a...
Firm fined £18k for using illegal Debt Collectors
A Decorating firm has been fined nearly £18,000 in fines and court costs following a prosecution by Trading Standards.Suffolk Trading Standards Office conducted a...
Business experts predict liquidation boom
Leading figures in British Business have warned of a possible boom in Company liquidations over the next 3 months amid fears of new tax rules.Thousands...
Mobile Phone firms worst for Debt Collection
Leading UK Consumer Charity 'The Citizens Advice Bureau' has labelled Mobile Phone Firms as the worst for private sector Debt Collection.The charity has been conducting lengthy...
