Well known flooring firm in administration for a third time
Administrators have been called into to troubled flooring firm 'Floors-2-go' for a third time. Midlands based Insolvency firm MB Insolvency have been appointed to deal...
Government’s Debt Collection initiative has failed say MPs
The Committee of public accounts has said that efforts to recover 22 Billion pounds worth of debt owing to the government have failed dramatically...
Successful Debt Collection is the key to Liverpool’s tax woes
It has been revealed that Liverpool City Council is owed a staggering 97.5m in unpaid council tax which is more than the total owed...
MP calls for investigation into banks debt collection practices
Labour MP John Mann has lead calls to launch an investigation into the 'menacing and misleading' world of 'in-house' debt collection practices conducted by...
Student Loans Company ceases Debt Collection letters
Since news emerged regarding the usage of 'spurious' debt collection letters being used by the Student Loans company (SLC), it has now been revealed...
‘Fake’ Debt Collection scandal spreads to student loans
Hot on the heels of the Wonga scandal, UK university graduates who have fallen behind on their loan repayments have been receiving threatening communications...
Wonga faces Police investigation over false Debt Collection scam
Further to this weeks earlier revelations, shamed payday firm Wonga, which presents itself as the “straight talking” short term loans company may now face...
Wonga to pay £2.6m compensation for Debt Collection shame
The UK's best known pay day lender 'Wonga' has been ordered to pay over £2.6m in compensation after it was found to have sent...
Insolvency service cracks down on dodgy directors
The number of Directors disqualified in England, Scotland and Wales has risen sharply according to new figures released by the Insolvency service. The latest statistics...
Pre pack administrations to be reviewed
The long awaited government commissioned review of pre pack administration conducted by Teresa Graham has recommended that potential administrations are subject to investigation by...
Debt Collectors called in for London Council tax blitz
A North London government authority has agreed to pilot a new debt collection project with London debt collection agency Agilisys Revenue Collection. Enfield Council has...
Legal Debt recovery firms given consumer credit regime extention
The SRA (Solicitors Regulation Authority) and the FCA (Financial Conduct Authority) have announced plans to extend the transition period for law firms working in...
UK mobile contract debt on the increase
It has been revealed that in the UK, there has been an increase in the number of people are missing mobile payments, according to...
Debt Collectors amongst the UK’s worst drivers
According to a new survey by Insurance company 1st central, Debt Collectors is the profession listed as 8th worst in the UK for road...
Cornwall’s 14m Debt problem
Despite being one of the UK's least populated areas, with just over half a million residents, new figures have shown that the Cornwall Council...
HMRC Debt Collection shame
The latest figures from 'False Economy' shows 215,144 occasions where the HMRC relied on its panel of Debt Collection Agencies to highlight cases where...
Over 4m UK households in debt to their energy supplier
Almost four million households in the UK owe money to their energy suppliers, with debts averaging around £128, a recent conducted survey has found. The...
Concern as number of UK company liquidations rises
The number of compulsory company liquidations in England and Wales rose by a staggering 53.1% during the first quarter of 2014, compared with the...
Revealed: Lansdown – The UK’s capital of debt
The latest data released by the BBA (British Bankers Association) has revealed that the leafy affluent area of Lansdown, a suburb of Bath, is...
Former Director of Stepchange Debt Charity joins Wonga
In a bizarre twist of events, former anti-payday loans campaigner and Stepchange Director Delroy Corinaldi has joined Wonga as their new head of Public...