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

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

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.

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

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.

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

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.

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

People who receive tax credits are being warned about scam emails being sent out by fraudsters in an attempt to gather card details and passwords.

DEBT purchaser Lowell Group has acquired the Interlacken Group in a move to bring additional strength to the firm.

ARMED police descended on a Gloucestershire home after residents brandished knives and ball-bearing guns during a forced eviction of a middle-aged woman.

Private equity firm AnaCap announced yesterday it had agreed to sell British consumer debt collector Cabot Credit Management (CCM) to U.S. investment firm JC Flowers.

A father struggling to cope with mounting debts to payday loan companies died after setting himself on fire, an inquest has heard.

The American state of California is suing JPMorgan Chase, accusing the Wall Street bank of illegally abusing credit card customers and abusing the court system

BAILIFFS are set to raid a Jobcentre and seize goods in settlement of an unpaid £400 bill.

The chief executive of the Co-operative Bank has resigned after its debt was reduced to ‘junk’ status by a leading credit ratings agency.

The failure to meet repayments on a £4m loan to its bank led to law firm Marsden Rawsthorn going into administration.

A bogus medical assistance provider has been wound up in the public interest in the High Court following an investigation by The Insolvency Service.

Bank lending to businesses is set to rise for the first time in four years

BAILIFFS hired by a council to recover more than £2 million in unpaid tax have yet to recoup a single penny.