LATEST ARTICLES

small business late payment

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...
Hospital Debt Collection

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 man in prison due to unpaid debt

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...
Football unpaid debts

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 late payment

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...
bad debt cliams

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...
private debt collectors body cam

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 attack

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 debt recovery

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...
sme late payment

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...