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.

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

The government is planning new legal powers to help reduce the billions it loses in uncollected debt.

Councils are budgeting for large losses after coalition's benefit changes mean 2 million low-income workers must pay tax

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.

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 in Dorset are looking for two burglars who have posed as court bailiffs.

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.

The Prime Minister has said it is time for Plan A+ after the International Monetary Fund (IMF) slashed its growth forecast for the UK.

Debt collectors recovered £170,000 in car parking fees alone between 2011 and 2012

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.

A High Street bank has agreed to write off millions of pounds in debts owed by 27 schools

RSM TENON is in exclusive discussions with Grant Thornton to dispose of a segment of its personal insolvency business.

MORE than £7.5 million in unpaid council tax and business rates will be written off.

Despite complaints from insolvency practitioners that staff and budget cuts at the Insolvency Service are allowing unscrupulous directors to escape justice

PENDLE Council has had to write off more than £230,000 in unpaid debts.

Consumer debt passed to Debt Collection Agencies(DCA’s) or sold to Debt Buyers has officially passed the £60 billion figure for the first time

Activity in the UK construction sector was down 10.1% in the year to July, the Office for National Statistics said.

Stoke-on-Trent City Council is currently talking to at least 13 debt collection firms over the recovery of 5m worth of debt

A new guidance from the Office of Fair Trading (OFT) is set to triple the amount that businesses can be fined for stepping beyond permitted competition boundaries.