Payday loan industry facing backlash

George Osborne has been accused of driving hard-up people into the arms of payday lenders

Ireland suffering shortage of insolvency practitioners

Insolvency Service of Ireland Director Lorcan O'Connor has said that there are currently no "genuine experts in personal insolvency" in Ireland

Failed Debt Collection Agency sells Debt portfolio

A WARWICKSHIRE debt collection agency's portfolio of debt has been sold by administrators in an undisclosed deal.

Debt Collection scammers at large in the UK

There has been a recent surge in Debt Collections scams in the UK with members of the public receiving calls from foreign accented individuals purporting to represent banks.

German Media Group buys out Debt Collection Group

BCW Group, the debt recovery firm that employs 300 people in Glasgow, has been acquired by a German media giant

Tax dodgers hotline receiving 300 calls per day on average

Calls to the hotline run by HMRC to catch out ‘tax-dodgers’ shot up last year, according to new figures.

Debt Collector sentenced for vicious attack on Debtor

A SELF-STYLED debt collector from Exeter, has been ordered to pay compensation to a mechanic who he clubbed with an iron bar

Improvement for British Construction Industry

British construction output posted the smallest annual fall in almost a year and a half in Apri

Bungling Bailiffs empty wrong property

Incompetent bailiffs broke into the wrong flat, removing items from a 58-year-old woman's home before realising their mistake and leaving without even a note of apology.

Universities ban Payday Loans lenders

Payday loans lenders have been banned from advertising at three UK universities for exploiting "vulnerable" students

30m to be saved by Insolvency reforms

A single gateway for complaints against insolvency practitioners (IPs) which makes the process easier and more transparent was announced

Shamed Director banned for 13 years after conning festival goers

A company director who sold fake festival tickets to music fans, and claimed a dead woman was responsible, has been banned from acting as a company director for 13 years.

Insolvency firms shut down by the High Court

Two Insolvency firms have been wound up by the High Court in the public interest, for poor business practices.

Bailiffs caught up in multi million pound computer error

A whistleblower has claimed £270 million of payments to Bristol City Council are sloshing around without being processed, and innocent people have had bailiffs turning up at their doors

US Debt Collection giants move into the UK

Large US Debt Collection firm Encore Capital Group has negotiated a deal to buy a majority stake in Cabot Credit Management (CCM) for £128m, paving the way for their entrance in to the UK's Debt Purchasing market.

Irish University calls in Debt Collectors

An Irish university is hiring debt collectors to tackle the growing problem of unpaid student fees.

Payday Loan industry is ‘out of control’

The Citizen’s Advice Bureau is calling on the Office for Fair Trading to immediately ban the payday lenders it says it has evidence of causing harm to borrowers.

Bailiff boom due to Council Tax benefit cuts

Bailiffs are profiting at the expense of struggling families because of cuts to council tax benefits, according to the Citizens Advice service.

Boyband call in administrators in the middle of UK Tour

British Boyband Blue might want to think about adding some extra dates to their comeback tour -after going bust mid tour after increasing pressure from creditors.

Female Insolvencies on the increase

Payday lenders and other expensive credit providers who are 'ruthlessly targeting' young women could be behind the growing proportion of women being declared insolvent.