POPULAR NEWS
DVLA Debt Collection costs soar
The end of paper tax discs in the UK has led to a huge rise in the use of Debt Collection to deal with...
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
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.
IMF: Greece Must do More
Christine Lagarde, head of the International Monetary Fund, is intent on keeping up the pressure on Greece to bring its finances into order.
Scam UK Debt Collection Agencies closed down
Three debt collection businesses in Wakefield have been shut down following investigations by the Insolvency Service.
WRC Rally Cup
UK Economy 2012 boost
The UK economy grew by more than previously thought in 2012, official figures have shown.
Payday Lender Fined £500,000 After Fraud Scam
A payday lender has been fined more than half a million pounds and had its licence revoked after falling victim to fraudsters ...
Budget 2012: Overview
An overview of the key points of Chancellor George Osbourne’s Budget yesterday.
- Advertisement -![]()
CYCLING TOUR
Debt Collection Agency Unveils Plans to Create 100 New Jobs
Debt collection agency, scotcall, has unveiled plans to create 100 new jobs over the next three years as demand for its ...
Insolvency expert predicts increased failure of companies in the south
Mr Robert Bajaj, a consultant solicitor with regional law firm Ellis Jones predict a rise in business failures across the South.
Speaking at an insolvency...
SME’s Unaware of Business Partner Debts
Small businesses across the UK are being advised to check on the financial status of potential business partners before working ...
Payday loans lender halts Debt Collection activity
Controversial payday loans firm Wonga has written off a total of £220m of debt owing from 330,000 customers after admitting making loans to people who were...
Scotland courts see surge in Debt Recovery cases
Over 1,000 people are having claims issued against them in court every day for personal debts, according to information released by Scotland insolvency body.
Approximately 376,000 debtors were...
TENNIS
Drop in UK Business Insolvencies masking a grim reality
According to latest figures, Corporate and Business Insolvencies fell by 27.1% for 2020 in England and Wales. Unfortunately the statistics do not tell the...
- Advertisement -![]()
University calls in Private Debt Collectors for help
Bristol University is reported to be turning to a Private Debt Collection Agency for help. The University of Bristol has called in Private Debt...
- Advertisement -![]()
LATEST ARTICLES
Number of Insolvent Businesses rises in September
The number of businesses in England and Wales that went bust last month was the largest since the pandemic began. The latest Insolvency Service data shows that 1,446 company insolvencies were registered last month.
Business...
Small Business Debt Collection action ‘imperative’
New figures released show that Small Business Debt Collection is needed more than ever.
It has long been known that Late Payments threaten the well being of Small Businesses. New invoicing app players 'Tomato Pay'...
The real cost of Small Business late payment
The financial impacts from COVID is forcing many SME's into bankruptcy. One of the major instigators of this is the late payments issue, which has increased by 20% from last year, to £61billion.
As the...
A third of SME’s worried about repaying Covid Support loans
Over a third (35 per cent) of small- and medium-sized enterprises (SMEs) are concerned about their ability to start repaying Covid support loans, research has found.
An EY survey of 712 UK SMEs has found...
Unpaid CCJ offers early ‘Insolvency Warning sign’ says new data
New data from the Registry Trust has indicated that 47% of businesses that became insolvent in May and June 2021 had an outstanding county court judgment (CCJ) against them. Whilst 78% of those who...
Waves of Small Business Insolvency expected over next few years
As many as 15% of the UK’s SMEs are rated ‘fragile’ and risk insolvency during the next four years as Covid-19 state support schemes are withdrawn, according to research by Euler Hermes.
State support softened...
Debt Collection firms targeted via the ‘Buy now, Pay later’ industry
Debt Collection firms that collect monies on behalf of the BNPL (buy now pay later) sector are being targeted. Regulators have been called upon to crack down on ‘buy now, pay later’ companies.
A recent...
Dealing with Debt Collection in France
A Five Step Process to Recovering your Debts in France
French debt collection agencies are particularly prevalent due to the country’s strong economic dependence on Small Businesses and Medium enterprises. Recovering business-to-business debts (B2B) takes...
Industry Experts reject ‘Insolvency tsunami’ claims
Forecasts predicting an impending “tsunami” of corporate insolvencies are alarmist, though the need for ongoing alertness remains, according to UK insolvency specialists.
Government support measures have allowed insolvency levels to remain stable amid the pandemic, but recent...
UK sees worrying surge in Business insolvencies
Latest quarterly figures from the Insolvency Service have indicated that business insolvency numbers across England & Wales were 31% higher than in Q1 2021 and 4% higher than in Q2 2020.
There were 3,116 seasonally...
