Six Men Jailed in Credit Fraud Scam
Six men have been jailed for their part in running a huge fraudulent credit forum, selling fake identity document to an estimated ...
Welsh Council Tax Debt Recovery Falling Short
Welsh councils are still chasing £84m in outstanding council tax, according to the latest figures.
Fall in Insolvency Rates Across England and Wales
Figures show that the amount of insolvencies per 10,000 adults in England and Wales fell to 27.1 in 2011 having risen from ...
Attacker of Hospitalised Bailiff Faces Jail Term
A man has been jailed after attacking and hospitalising a bailiff and will serve a twelve week sentence.
USA Sees May Drop in Bankruptcy Filings
Total bankruptcy filings in the United States for May 2012 decreased 11 percent compared to the previous year, according to ...
Insolvency Rates Dropping For UK Businesses
New figures from Experian have revealed that insolvency rates amongst UK businesses are slowly dropping, with medium sized firms and ...
SME’s Unaware of Business Partner Debts
Small businesses across the UK are being advised to check on the financial status of potential business partners before working ...
SME Debt Hits Record High With Large Businesses Blamed
New data released by Bacs Payment Schmes shows the level of outstanding debt owed to SMEs in the UK has reached a high of £35.5bn.
Young Homeowners Have Lower Debt Arrears
The Consumer Credit Counselling Service has said that homeowners in their 20's mnage their household budgets better thanks to cheap mortgage deals.
Settlement Reached Between FTC and Debt Relief Company
The Federal Trade Commission put a stop to the allegedly deceptive practices of a debt settlement operation that lured consumers with exaggerated claims about how it could help reduce their debts.
Loss of Income Blamed for Debt Levels
New figures from DEMSA member EuroDebt Financial Services reveal that nearly 1 in 4 (23.6%) of its clients fell into debt as a result of a loss of income.
Incomes and Savings Growing Alongside Debts
Families in the UK have seen monthly incomes nudge ahead of inflation as the typical monthly household income hits £2,150, according to the latest Aviva Family Finances Report.
Nonhome Finance Write-Offs Hit Lowest Level in Six Year
Nonhome finance write-off dollars year-to-date through April have decreased 52 percent, according to Equifax’s April National Consumer Credit Trends Report.
British Chambers of Commerce Slashes UK Growth Rate
The forecast for economic growth for 2012 has been slashed from 0.6% to 0.11% by the British Chambers of Commerce.
Credit Cards Key to Keeping Up Appearances
Credit card debt is being increased by Brits who attempt to keep up with appearances regardless of having the cash to do so or not.
CSA Celebrates success of CAI Initiative
The Credit Services Association (CSA) is celebrating the tremendous progress of the Collector Accreditation Initiative (CAI), and its ...
New Chief Executive for The Insolvency Service
The Insolvency Service has announced the appointment of Dr Richard Judge as its new Chief Executive. He takes over from Stephen Speed who has been the Chief Executive
Rising Energy Bills to Force Households into Debt
New research from U-Switch.com has revealed that spiralling energy costs could force 27% of households into debt by 2015.
Britons Spending 17 Days of Salary Clearing Debts
Research from Bright Grey's Financial Safety Net report today revealed that after their tax obligations, the average British full-time worker has to work solidly until late July to keep a roof over their heads each year.
Staff Cuts Lead to £1.1Bn in Unpaid Tax
Staff cuts has been listed as to why HMRC missed out on recovering £1.1bn in outstanding tax, according to the Public Accounts Committee
