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.

Well over half the complaints made against the taxman are upheld by HM Revenue & Customs’ own internal complaints system.

CANCELLING a telephone and broadband package when out of the specified contract period should be relatively straightforward.

The Bank of England has voted to keep interest rates at 0.5% and hold fire on pumping any more money into the economy through its quantitative easing programme.

Figures showing almost half of all new small business lending applications have been declined by banks are being greeted with disappointment by the Forum of Private Business

The owner of a takeaway lost his business after his electricity was cut off by a debt collector using a forged warrant to "cut corners".

Off the back of the latest CSA debt statistics, Federal Management Ltd have revealed an increase of 24.5% in their Collection figures for the first six months of 2012 compared with the same period in 2011

Travelodge's landlords have backed a controversial rescue plan to help the budget hotel chain overcome its crippling debt burden.

US Debt collectors are using legal loopholes to lock up poor citizens who can't pay their debts.

Citigroup has agreed to pay $590m (£373m) to investors who allege they were misled about the scale of the bank’s ownership of troubled mortgage debt before the financial crisis.

A TOTAL of 13 debt collection firms have bid for the chance to reclaim £5 million from residents who have failed to pay council tax.

Business insolvencies have fallen slightly in June, according to Experian’s latest Business Insolvency Trends report.

A payday lender has been fined more than half a million pounds and had its licence revoked after falling victim to fraudsters who successfully impersonated thousands of people to take out loans.