A debt advice charity has called for local authorities to be more "considered" about their debt collection methods

Business Restructuring specialist Hilco has taken effective control of music and DVD retailer HMV.

A former fashion model has become one of the country's first millionaire bailiffs.

A hospital trust needs to save £53m over the next five years to stave off insolvency, a health watchdog says.

Regulator imposes requirements on Royal Bank of Scotland's use of charging orders - a debt collection method for recovering unsecured debts that could see borrowers lose their homes.

Solihull-based Secure Trust Bank (STB) has acquired the businesses of a debt collection group for a six-figure sum in a deal advised by the Birmingham office of law firm DLA Piper.

Payday loan company Wonga.com, which charges annual interest rates of up to 4,200 per cent, yesterday warned it plans to start using debt collectors

The Insolvency Service has launched a voluntary exit scheme that is expected to see 50 employees in middle manager positions leave the organisation.

January always sees a surge in gym membership. Now the OFT is cracking down on unfair terms and conditions in the long contracts people are made to sign

The Royal College of Nursing has branded a hospital’s decision to appoint debt collectors to chase salary overpayments from staff as “highly inappropriate”.

THE number of firms going bust in Scotland fell for the first time in four years in 2012 according to KPMG, in an apparent sign businesses have got used to coping with tough trading conditions.

Creditor applications to deduct debts straight from debtors’ pay packets (attachment of earnings) soared 15% in the year to 30 June 2012, according to new research.

The amount of consumer debt passed to UK debt collection agencies rose to £62 billion in the third quarter of 2012, the highest level recorded in over a year.

Some 300,000 Britons who haven’t filed their tax returns for 2011 could face “debt-recovery actions”

Debt Collection agencies are set to face tougher, more intrusive and expensive regulation under plans being drawn up in Whitehall.

AN ARMY of “zombie companies” being kept afloat by record low interest rates have hit business recovery group Begbies Traynor’s earnings in the last six months.

Campaigners have called on the government to ensure debt collectors have high standards when collecting tax credit overpayments.

The OFT has also published revised Debt Collection Guidance, focusing on continuous payment authority (CPA), a mechanism commonly used by payday lenders to collect repayments.

Cash-flow problems that could leave companies unable to “fund any future recovery” are affecting one in four small businesses.

Global firms in the UK that pay little or no tax are an "insult" to British businesses, a committee of MPs says.