Russian changes gender to avoid debt collectors

The majority of people working within the UK's Debt Collection industry will be all too familiar with the very wide spectrum of excuses and...

RBS allocates a further 465m for PPI claims

The Royal Bank of Scotland has set aside a further 465m for PPI claims as it is revealed that claims are expected to continue...

Sony sees credit rating cut to ‘Junk’

Sony, the Japanese Electronic giant, has seen its credit rating slashed to 'junk' by global market experts Moody's.Despite still boasting profits, Moody's state that...

17% of people retiring this year will be in debt

According to research conducted by Prudential, 17% of people retiring this year will have debts outstanding, averaging around £24,800 each.These startling figures give cause...

Debtor faces years in prison for gun attack on Bailiff

A Tenant with arrears of over £8,000 who gunned down a Bailiff and housing officer during an eviction is facing years behind bars following a...

Media company wound up for false claims

Dodgy Liverpool based Global Media Corporation Ltd has been wound up by the Insolvency service following indepth investigations.Global Media had been 'selling' advertising space...

Proposals could see bankruptcy period extended

Individuals declaring bankruptcy could be facing tougher measures by way of extended bankruptcy periods from 1 to 3 years if new  proposals are accepted.R3,...

Debt Collectors threaten to enter big brother house

Debt Collectors have apparently threatened to enter the Big Brother House to serve failed pop star 'Dappy' with bankruptcy papers.The former N-Dubz star now...

New website launched

We have been working hard over the christmas period to get our new website up and running, packed with even more features and articles.A...

Top 10 tips to avoid accruing bad Business debts

Our top ten tips on how small businesses can prevent new debts.