PM’s Unpaid CCJ embarrassment

UK's Prime Minister Boris Johnson has hit the National Headlines due to an Unpaid CCJ. The CCJ was issued for an unpaid £535 Debt...

University calls in Private Debt Collectors for help

Bristol University is reported to be turning to a Private Debt Collection Agency for help. The University of Bristol has called in Private Debt...

Latest Insolvency statistics released for 2021

The latest insolvency statistics have been released for Q1 2021 by the insolvency service. These provides England & Wales corporate and individual insolvency statistics,...

When is it time to hire a Debt Collection Agency?

The UK's SME Businesses are suffering as a result of late payments. Covid-19 has fuelled the problem and many small businesses and medium sized...

Late Payments hampering Small Business recovery

Small Business late payment is severely hampering recovery from the pandemic according to new data. Delayed payment of invoices owed to SME's over the...

Company Directors banned for trading whilst insolvent

Three Directors of a Finance firm have been banned for trading whilst insolvent. Their actions caused their company to take money from its clients...

People in debt could get two month ‘breathing space’

People who are in debt from credit cards, loans and other personal debt sources could be given 'breathing space' under new temporary measures the...

Debt ridden Football Club described as ‘hopelessly insolvent’

A judge has heard how a English Professional Football Club is described as "hopelessly insolvent" at a high court hearing over a ownership dispute.The...

Business Insolvency statistics defying gravity

Business insolvency statistics continue to defy gravity in the UK. Whilst this maybe viewed as positive news, the IVA increase shows that personal finances...

Council creates new Debt Collection service

A new debt collection service has been launched by Barking & Dagenham Council. The Debt Collection service has been launched to reduce the need...