Polish Debt Collection Boom

Polish Banks are rumoured to be putting together proposals to sell off hundreds of millions of pounds worth of delinquent mortgages over the coming...

British Man in Dubai Debt Collection hell

  A British expat claims he has been left homeless and trapped in a Dubai Debt Collection hell following threats from local Debt Collectors. Jonathan Castle...
small businesses need to take debt collection action

80% of Small Businesses owed money in the UK

Shocking new figures show that 4 out of 5 Small firms in the UK are owed money following a survey by a leading Commercial...
small business late payment getting worse

Small Business late payment getting worse

Small businesses had to wait an average of 29.9 days to be paid in April according to the latest figures from Xero. This marks...
solicitor fined over invoice late payment

Solicitor fined due to Invoice late payment

A solicitor has been fined more than £1,000 due to invoice late payment. It was found that the solicitor failed to pay an invoice...
a welsh mp proposes tighter debt collection regulations

Welsh MP calls for tighter Debt Collection regulations in Wales

A Welsh MP, Labour’s Jack Sargeant has led a debate in the Welsh Parliament calling for greater regulation of debt collectors in Wales. The Alyn...
decrease in mortgage borrowing and rise in unpaid mortgage debt

Banks advise of rise in unpaid mortgage debt

The boss of Santander UK says the bank is putting aside more money for potential unpaid mortgage debt defaults linked to the cost of...

UK mobile contract debt on the increase

It has been revealed that in the UK, there has been an increase in the number of people are missing mobile payments, according to...
most common cause of debt is the cost of living

Most common cause of debt is cited as the ‘cost of living’

Debt charity, StepChange has reported that September saw the cost of living being cited as the most cause of debt amongst its service users....
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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,...

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Government ban on No Fault Evictions

The Government has announced new private rented sector reforms. The Renters’ (Reform) Bill, introduced to Parliament will abolish section 21 no fault evictions which will...

Huge Drop in Scottish Business Insolvencies

New data released by Accounting Giant KMPG has shown that Businesses in Scotland are adapting to tougher trading conditions despite the continuing Brexit scaremongering....

Wonga to pay £2.6m compensation for Debt Collection shame

The UK's best known pay day lender 'Wonga' has been ordered to pay over £2.6m in compensation after it was found to have sent...