Bankruptcy Levels expected to fall further
Personal insolvency figures are predicted to fall further tomorrow, but experts warned the recent improving trend is likely to hit a turning point soon, with large numbers of people still living on the brink.
Adviser quits PM Job to join ‘Legal Loan Sharks’
One of David Cameron’s top advisers is leaving Downing Street to take a job with controversial payday loan firm Wonga.Jonathan Luff, the Prime Minister’s...
Insolvency risk lower in Scotland
Scottish businesses are less likely to enter insolvency than those in the rest of Britain, according to new analysis.
Data released by Creditsafe said firms...
Teenager chased by Debt Collectors for 9k bill
A teenager is being chased by debt collectors for a £9,000 medical bill after she rushed her friend to hospital during a holiday in Greece.
UK Housing Market Improves
The number of agreed house sales jumped sharply this month as sellers dropped their prices to shift homes which have been lingering on the...
10m Cheque Fraud Gang smashed
The Dedicated Cheque and Plastic Crime Unit (DCPCU) has dismantled what is believed to be one of the UK's biggest counterfeit cheque crime groups following a major operation in Yorkshire and Scotland.
Olympics helps Britain come out of recession
Olympics spending fuelled Britain's strongest quarterly growth in five years, springboarding the country out of recession in the third quarter, data showed on Thursday
OFT to target rogue money lenders and debt collectors
Rogue money lenders and debt collectors will be stopped from trading under plans put out for consultation.
Pop star sues Debt Collection Firm
musician Prince has turned the tables on Capital Asset Protection, filing a lawsuit against the US Calabasas-based company for allegedly taking more than $100,000 from his bank account.
UK Consumer Debt Collection Market valued at £500m
Although the UK consumer debt collection market, now valued at approximately £500 million, returned to profit in 2010, margins remain significantly below pre-credit crunch levels
Whitehall push to recover £20bn in unpaid debt
The government is planning new legal powers to help reduce the billions it loses in uncollected debt.
Local authorities expect half of poor residents to refuse to pay...
Councils are budgeting for large losses after coalition's benefit changes mean 2 million low-income workers must pay tax
Dodgy Debt Collection Boss agrees to repay ‘fees’ back to clients
DEBT collector Nigel Marsh of March promised to turn over a new leaf as he pledged to return £15,000 to firms across the country. Marsh was subject to an investigation by the Daily Mirror last year.
Debt reduction could hit growth warns FSA Boss
The head of the Financial Services Authority has suggested that it may be time for more unconventional policies to revive Britain's stagnant economy.
Police hunt ‘fake’ Bailiffs
Police in Dorset are looking for two burglars who have posed as court bailiffs.
FSA in compensation pay out
The Financial Services Authority will be required to pay a complainant increased redress after failing to notify a debt collection agency that the complainant had already paid required fines.
Cameron upbeat despite IMF growth concerns
The Prime Minister has said it is time for Plan A+ after the International Monetary Fund (IMF) slashed its growth forecast for the UK.
Bailiffs raking in cash for Councils
Debt collectors recovered £170,000 in car parking fees alone between 2011 and 2012
Funding for Lending has bright start
The Bank of England (BoE) has released the names of 13 banks and building societies taking part in its scheme to boost lending to cash-starved households and businesses.
Bank writes off School Debts
A High Street bank has agreed to write off millions of pounds in debts owed by 27 schools
