POPULAR NEWS
Tax dodgers named & shamed
Tax dodgers are being named on a list published by HM Revenue and Customs (HMRC) for the first time, as their affairs come under greater scrutiny.
German Media Group buys out Debt Collection Group
BCW Group, the debt recovery firm that employs 300 people in Glasgow, has been acquired by a German media giant
WORD CUP 2016
Housing Affordability Reaches Record Highs
Housing affordability conditions for all buyers reached a milestone in the first quarter, according to data released by the National Association of Realtors on May 15, 2012.
Mortgage complaints fall while others rise
2013 was a big year for mortgage complaints to the Consumer Financial Protection Bureau with...
Solicitors to Become Unpaid Debt Collectors?
Solicitors have said they could become unpaid debt collectors as a result of proposed legislation aimed at making ...
WRC Rally Cup
Top 5 tips when choosing a Debt Collection Agency
If you or your business are owed money, it pays to think smart in terms...
New Year sees SME’s chasing £50bn in Business Debt
New research is showing that Small Businesses are chasing over 50 Billion pounds in late...
Welsh Council Tax Debt Recovery Falling Short
Welsh councils are still chasing £84m in outstanding council tax, according to the latest figures.
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SPORT NEWS
HEALTH & FITNESS
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CYCLING TOUR
Failed Debt Collection Agency sells Debt portfolio
A WARWICKSHIRE debt collection agency's portfolio of debt has been sold by administrators in an undisclosed deal.
35% of Americans subject to Debt Collection action
A recent report conducted by US based organisation 'The Urban institute' has found that over 35% of American citizens who have a credit file...
British couple forced to use Debt Collectors on estate agents
A BRITISH couple are furious after being forced to call in a debt collection agency for not receiving the proceeds of a house sale.
Bank writes off School Debts
A High Street bank has agreed to write off millions of pounds in debts owed by 27 schools
More landlords could be forced into court following debt collection changes.
Legislative changes coming into force on October 1 will see the current debt threshold at which creditors can serve a statutory demand increase from...
TENNIS
CSA Hails Announcement on Edited Electoral Roll
The Credit Services Association (CSA), the voice of the UK collections industry, has welcomed the decision by the ...
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Banks Using PPI Refunds to Lower Outstanding Debt
Some £9 billion has been set aside to repay premiums on miss-sold policies. However, in some cases instead of being paid directly ...
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LATEST ARTICLES
Unsustainable Business Debt estimated at £70bn
Businesses in the UK have stacked up around £70 billion worth of unsustainable debt says latest research. According to a new report from The City UK, Companies owe in excess of £70bn with more...
Unpaid Invoices affecting 54% of UK Businesses
As the United Kingdom continues to ease its Coronavirus restrictions, 54% of current actively trading Businesses are facing piles of unpaid invoices.
The results from a survey by the Office of National Statistics make for...
Childcare Providers facing financial ruin
The UK's Childcare Industry is facing real issues post pandemic. The loss of income from parent-paid fees since March is meaning that many childcare providers are facing major financial challenges.
A total loss of income...
Business Late Payments threatening Economy recovery
The latest research shows that the majority of Businesses (SME's) in the UK are being paid late as a result of the pandemic. This underhand business practice is threatening the recovery of the Economy...
Bailiffs allowed to return to Debt Collection duties
Local Authorities have been given the green light to send Bailiffs to collect outstanding debts. This follows a five month suspension due to the coronavirus pandemic.
The use of Bailiffs had been suspended on the...
Company ‘strike offs’ to resume in October
As part of the return to 'normality', Companies House has announced that it will re-introduce the compulsory company strike-off process from 10th October 2020.
This is the process where Companies House strikes off Limited companies...
Number of Business CCJ’s drops by 30%
The number of County Court Judgments registered against businesses England and Wales has fallen by nearly 30 percent compared with last year. The first half of 2020 has seen a huge reduction compared to...
Large Companies still delaying payments to Suppliers
New research shows that there has been no real improvement in the speed at which Large companies are paying their suppliers. The research conducted by Accountancy firm Moore has shown that 41 days is...
Residential Debt Collection Visits set to resume
Debt Collection enforcement visits to residential properties in the UK have been given the green light to resume from the 24th August.
The news has been welcomed by High Court Enforcement Officers Association (HCEOA) It...
9 out of 10 UK Businesses owed nearly £150k on average
UK businesses are returning to work this month with some trepidation, according to fintech business lender MarketFinance. The company’s latest research indicates that nine in ten businesses are waiting to be paid an average...
