‘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...
Bailiffs have powers removed
New laws that come into effect this weekend will see Bailiffs banned from entering homes at night and from using physical force against debtors....
Boom time for Debt Collection Agencies purchasing bad debt
Debt Collection Agencies in the UK are purchasing bad debt for as little as 10p for every single pounds worth of debt they buy...
Royal’s new nanny named on Debtors list
The new nanny of the Royal latest addition, Prince George, was the subject of discussion yesterday after being exposed as a council tax evader.Maria-Teresa...
Council writes off millions after Debt Collection failure
A cash strapped council has had to write off more than 2m of unpaid council taxes after Debt Collectors and Bailiffs recovered just £35,000...
HMRC gets tough with new Debt Collection powers
As part of the Governments new budget announcement, the HMRC are to be given new powers to strengthen their Debt Collection powers as part...
