POPULAR NEWS
Crooked eviction advice firm shut down
A Midlands based Company which claimed to provide eviction and repossession advice services has been shut down by the Insolvency Service. The company provided services to private...
Irish University calls in Debt Collectors
An Irish university is hiring debt collectors to tackle the growing problem of unpaid student fees.
WORD CUP 2016
Personal Insolvencies in the UK continue to fall
The number of people in the UK declared insolvent is continuing to fall
May Insolvency Index Reveals Stronger Firms
THE number of business failures in Wales in May was up on a year earlier although the financial strength of businesses ...
OFT issues new Debt Collection guidelines
The OFT has also published revised Debt Collection Guidance, focusing on continuous payment authority (CPA), a mechanism commonly used by payday lenders to collect repayments.
WRC Rally Cup
Law firms and Debt Collection companies in hacking probe
A total of 22 law firms feature on a list of organisations and individuals linked to rogue private investigators
Insolvency Rates Fall for SMEs
The number of SMEs to become insolvent fell in June compared with June 2011, while insolvencies among larger firms increased year on year.
UK losing billions due to tax avoidance schemes
The inability of HM Revenue and Customs (HMRC) to properly curb aggressive tax avoidance schemes is costing the UK billions of pounds, a report suggests.
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CYCLING TOUR
May Insolvency Index Reveals Stronger Firms
THE number of business failures in Wales in May was up on a year earlier although the financial strength of businesses ...
Council seeking to recover over 5m of Bad Debt
Stoke-on-Trent City Council is currently talking to at least 13 debt collection firms over the recovery of 5m worth of debt
Russian changes gender to avoid debt collectors
The majority of people working within the UK's Debt Collection industry will be all too familiar with the very wide spectrum of excuses and...
Debt Collection firm warns of increase in scam activities
A leading Commercial Debt Collection firm has today warned UK Businesses to be on guard after reports of a increase in scam activities involving...
UK Economy 2012 boost
The UK economy grew by more than previously thought in 2012, official figures have shown.
TENNIS
17% of people retiring this year will be in debt
According to research conducted by Prudential, 17% of people retiring this year will have debts outstanding, averaging around £24,800 each.
These startling figures give cause...
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Council plans to create Debt Collection Agency
Serious concerns have been raised after it has emerged that a North East council is planning on setting up its own debt collection agency...
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LATEST ARTICLES
SME’s say late payment is on the increase
Small and Medium sized Businesses across the UK are advising that late payment has increased compared with a year ago.
This is growing concern due to a new Business Confidence monitor report that has been...
Hospitals turning to Debt Collection firms for help
Hospitals across Ireland are turning to Professional Debt Collection Agencies in a bid to combat unpaid fees.
The HSE, which is responsible for public Health services in Ireland, using debt collection companies to chase up...
Brit being held in Prison due to Credit Card Debt
A British man is being held in a notorious Czech Prison awaiting extradition to Qatar due to an unpaid Credit Card Debt.
Alan Stevenson from Manchester worked as an I.T Manager in Doha, Qatar in...
Soccer Legend has assets frozen due to Unpaid Debts
Brazilian Soccer Legend Ronaldinho has had properties seized due to unpaid debts and taxes according to reports coming out of Brazil.
He has also has his Spanish and Brazilian passports confiscated due to mounting debt...
Construction Industry sees improved payment times
Trade body Build UK has advised that its members are continuing to improve payment performance within the construction sector. The average time for Contractors to make payment of invoices is now down to 40...
Half a Million UK firms in ‘significant distress’
Almost half a millions Businesses in the UK are in significant financial distress according to new research published by Insolvency firm Begbies Traynor.
The red flag data produced by the Insolvency giants reveals that around...
Body Cameras to be compulsory for Private Debt Collectors
The Government has announced plans to make body worn cameras compulsive for all Private Debt Collection firms and Bailiffs to ensure compliance.
The Ministry of Justice has announced the move for England and Wales to...
Bailiff Axe attacker avoids Jail
Two Bailiffs endured a horrific 25 minute 'terrifying' attack from a Debtor who attacked them with an Axe as well as threatening them with a chainsaw a court has heard.
Johnathon Hepton aged 58 was...
SME’s fearful of chasing Unpaid Invoices
SME's are avoiding taking Debt Recovery action and chasing non payment a report has revealed. Small Business Commissioner Paul Uppal and Commercial Finance Lender Growth Street launched a collaborative survey, asking SME's about their...
Late Payment – The problem that won’t go away
With Brexit dominating the economic spectrum, Small businesses in the UK are under major cash flow pressure which in turn is leading to increased financial instability as a direct result of the Countries endemic...
