Debt Collection firm in liquidation leaves clients in limbo

UK based Debt Collection Agency Sentinel Debt Recovery Limited went into a sudden liquidation at the end of November 2014 leaving its clients and...

Scots facing 2015 debt crisis

As many as 1,000 companies will fold and 12,000 Scots will be facing bankruptcy in 2015, a expert report has predicted. Respected Business advisers BDO state that many...

Scotland courts see surge in Debt Recovery cases

Over 1,000 people are having claims issued against them in court every day for personal debts, according to information released by Scotland insolvency body.Approximately 376,000 debtors were...

City writes off 3m of uncollected Debt

Council Bosses in Leicester have had to write off almost 3m of uncollected debt it was announced yesterday.This huge amount of uncollected debt has...

Police warn of new Debt Collection scam

Humberside Police have issued a warning to members of the public and the wider Business community after a surge in complaints from individuals receiving...

MAS report that UK’s ‘Debt City’ gets funds to tackle problem

Following a recent report produced by the MAS (Money advice service), it has been announced that the Citizens advice Bureau is to draft in additional...

Bomb Disposal Unit called in by shocked Bailiffs

Bailiffs in Birmingham had the shock of their lives yesterday after stumbling across two live artillery shells during a routine eviction yesterday in the...

Yorkshire Building Society fined over customer failings

The Financial Conduct Authority (FCA) has continued to flex its muscles after issuing a massive 4.1m fine to Yorkshire Building society for not dealing...

Polish Debt Collection Boom

Polish Banks are rumoured to be putting together proposals to sell off hundreds of millions of pounds worth of delinquent mortgages over the coming...

US Town sends SWAT Team to collect £53k Debt

In true classic American movie style, a small town in the state of Wisconsin took the unusual step of sending in a fully armed...

Directors disqualified for 200k student fund scam

Two unethical Businessmen from Leicestershire have been disqualified as directors for 12 years by the Insolvency Service after scamming £200,000 worth of public funds...

Payday loans lender halts Debt Collection activity

Controversial payday loans firm Wonga has written off a total of £220m of debt owing from 330,000 customers after admitting making loans to people who were...

Debt Collectors seize goods from F1 team

UK based Formula One team Caterham have stated their intention to race in Japan Grand Prix despite receiving a visit from bailiffs on Tuesday and allegedly...

Debt Collection Agency in administration

UK based Debt Collection Agency, Roxburghe (UK) Limited has gone into administration, with 35 staff being made redundant.It was revealed that Roxburghe had been trading at...

UK’s Top 10 non payment excuses revealed

With Billions of pounds of business being conducted daily in the UK, we examine the most commonly used excuses for late or non payment...

UK attacked by scam Debt Collection emails

UK Businesses have reported a sharp rise in scam debt collection emails purporting from legitimate British companies.For years company email addresses have been blighted...

Consumer Debt Collectors in demand

The UK's Demand for highly-skilled debt collection specialists in the consumer industry has surged by almost 56% in the last year, according to specialist financial services...

Farmer’s 1.4m VAT fraud to pay off Debt Collectors

A farmer who stole £1.4 million of taxpayers' cash in a VAT fraud to pay off Debt Collectors and Bailiffs it was claimed in court....

Phones4u in administration

Accountancy firm PricewaterhouseCoopers LLP has been lined up as the preferred insolvency administrator for Phones 4u Ltd. and its subsidiaries. This follows after the...

New Debt recovery website launched

The Best4debt network, the UK’s leading provider for Debt Collection quotations and Debt Collector comparisons, has announced the launch of a new internet comparison site to...