Russian changes gender to avoid debt collectors
The majority of people working within the UK's Debt Collection industry will be all too familiar with the very wide spectrum of excuses and...
RBS allocates a further 465m for PPI claims
The Royal Bank of Scotland has set aside a further 465m for PPI claims as it is revealed that claims are expected to continue...
Sony sees credit rating cut to ‘Junk’
Sony, the Japanese Electronic giant, has seen its credit rating slashed to 'junk' by global market experts Moody's.Despite still boasting profits, Moody's state that...
17% of people retiring this year will be in debt
According to research conducted by Prudential, 17% of people retiring this year will have debts outstanding, averaging around £24,800 each.These startling figures give cause...
Debtor faces years in prison for gun attack on Bailiff
A Tenant with arrears of over £8,000 who gunned down a Bailiff and housing officer during an eviction is facing years behind bars following a...
Media company wound up for false claims
Dodgy Liverpool based Global Media Corporation Ltd has been wound up by the Insolvency service following indepth investigations.Global Media had been 'selling' advertising space...
Proposals could see bankruptcy period extended
Individuals declaring bankruptcy could be facing tougher measures by way of extended bankruptcy periods from 1 to 3 years if new proposals are accepted.R3,...
Debt Collectors threaten to enter big brother house
Debt Collectors have apparently threatened to enter the Big Brother House to serve failed pop star 'Dappy' with bankruptcy papers.The former N-Dubz star now...
New website launched
We have been working hard over the christmas period to get our new website up and running, packed with even more features and articles.A...
Top 10 tips to avoid accruing bad Business debts
Our top ten tips on how small businesses can prevent new debts.
Personal Insolvencies in the UK continue to fall
The number of people in the UK declared insolvent is continuing to fall
Lloyds PPI payout bill tops 8 Billion pounds
Lloyds Banking Group's bill for compensating customers who were mis-sold payment protection insurance (PPI) has risen to more than £8 billion.
Less than 5% of DWP Debt recovered since 2008
Figures released by the Department for Work & Pensions showed that less than 5% of the debts passed to external Debt Collection Agencies has been recovered
Fears for elderly over levels of mortgage debt
Concerns have been voiced over the number of elderly people sitting on large amounts of mortgage debt at risk from losing their homes.
Bailiff sentenced over 10k theft from Debt Collection firm
A BAILIFF who stole nearly £10,000 from a debt collection company in Waltham Abbey has been spared jail.
Irish Government considers new Debt Collection systems
The Irish Government is considering introducing new streamlined arrangements for collecting debts across the public service.
USA halts Debt Collection scams through Indian Call centres
A US regulatory body has put a stop to fake debt scams by two Florida-based companies who worked with a call centre in India and bilked millions of dollars from consumers.
Over 15m of bad debt written off by councils
Councils in Wales have written off over £8.5m in business rates and £6.6m in council tax debt in the last financial year
Over One million motorists being chased by Debt Collectors
More than a million motorists and car insurance policy holders have had debts registered against them at the Traffic Enforcement Centre
Britain’s Got Talent star receives 14 year bankruptcy restrictions
A Britain's Got Talent semi-finalist and his Manchester-based business partner have each received 14-year bankruptcy restrictions
