Debtor sentenced for gun attack on Debt Collector

Mark Vevers, 50, lured a debt collector to his home in Northampton where he then locked her in the bathroom, threatened her life, and stole £300 from her bank account as well as £485 in cash directly from her purse.

Ireland creates new Insolvency service

New plans to deal with personal debt have been announced by the Irish government.

Director banned after insolvency investigation

ADRIAN Antonie Parson, director of Quantum Solutions (Kent) Limited, a payroll company in Grays, has been banned from acting as a director for six years

Hospital bosses send bailiffs after their own staff

Hospital bosses are employing bailiffs to recover overpayments made to its own staff following a payroll bungle that meant 791 workers were overpaid.

300m Bank Boost for small businesses

BCC urges government to 'think bigger' as Vince Cable announces first tranche of £1bn business bank investment

Threshold lowered for charging orders

Creditors can now secure a debtor’s property against unsecured debts as low as £1,000 due to new regulations

Bogus Bailiffs on the prowl

Police have warned members of the public that fraudsters are masquerading as Bailiffs in the Lincolnshire area.

Rogue Trader Nick Leeson lands Insolvency role

After causing the collapse of the U.K.'s oldest investment bank, Nick Leeson is finally back on the financial market.

Debt Recovery firm announces 18% rise in Collections

Leading Commercial Debt Collection Organisation Federal Management has announced a 18% increase in Collection figures for the first quarter of 2013, compared with the first quarter for 2012.

Enforcement Firm goes into administration

A CONTROVERSIAL enforcement company which hands out fines for littering and dog fouling has gone into administration.