Grandfather in court over Bailiff gun scare

A 55 year old Grandfather who brandished a 'fake' handgun in order to try and scare off Bailiffs appeared in court yesterday in Essex.On...

Increase in Corporate insolvencies since Brexit

The latest figures released by the Insolvency service show a small rise in the number of Company insolvencies for the third quarter of 2016.In...

Debt Collection firm agrees to write off millions in purchased debt

A Debt Purchasing and Collections Company has been forced to write off £414m worth of debt after failings within its dilligence processes.'Motormile Finance UK'...

Banned Director jailed after running Credit Management firm

A Businessman from Leicester who fraudulently operated businesses including a credit monitoring service, has been jailed for two years and nine months following lengthy...

Banks set aside Billions for further PPI claims

Lloyds Bank became the latest banking group to make further provision for on going mis-sold Payment Protection Insurance (PPI) claims.Extra provisions have been put...

NHS to use Debt Collectors for crack down on health tourists

Teams of Debt Collectors are to be used to collect payment from supposed Health Tourists according to reports. A National Audit Office (NAO) report has...

Late Payments ‘Tsar’ to be appointed in 2017

Government Ministers have initiated a long awaited consultation on plans for a Late Payment 'Tsar'.The long overdue plans plans are set to aid small...

Insolvency levels rise for young women

Young Women in the UK represented the majority of insolvency cases the UK last year, according to research conducted by Insolvency firm Moore Stephens.In 2015, around 65%...

FCA reveals firm with most complaints

The Financial Conduct Authority (FCA) has revealed figures that show Barclays Bank as the most complained about company in the UK. These figures relate...

Irish Water seeking Debt Collectors

The Irish government's National Water Utility has put out a tender to hire a Debt Collection Agency to collect unpaid charges.The tender requests proposals...