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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...
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 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 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...
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...
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 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...
