Less than 5% of DWP Debt recovered since 2008

Figures released by the Department for Work & Pensions showed that less than 5% of the debts passed to external Debt Collection Agencies has been recovered

Fears for elderly over levels of mortgage debt

Concerns have been voiced over the number of elderly people sitting on large amounts of mortgage debt at risk from losing their homes.

Bailiff sentenced over 10k theft from Debt Collection firm

A BAILIFF who stole nearly £10,000 from a debt collection company in Waltham Abbey has been spared jail.

Irish Government considers new Debt Collection systems

The Irish Government is considering introducing new streamlined arrangements for collecting debts across the public service.

USA halts Debt Collection scams through Indian Call centres

A US regulatory body has put a stop to fake debt scams by two Florida-based companies who worked with a call centre in India and bilked millions of dollars from consumers.

Over 15m of bad debt written off by councils

Councils in Wales have written off over £8.5m in business rates and £6.6m in council tax debt in the last financial year

Over One million motorists being chased by Debt Collectors

More than a million motorists and car insurance policy holders have had debts registered against them at the Traffic Enforcement Centre

Britain’s Got Talent star receives 14 year bankruptcy restrictions

A Britain's Got Talent semi-finalist and his Manchester-based business partner have each received 14-year bankruptcy restrictions

Average UK Household Debt rose in June

Average household debt in the UK rose slightly in June, according to the latest figures

Number of Estate Agents going bust, up by 57%

The number of estate agents in the UK entering insolvency jumped 57% in the last year, a new report has indicated.