POPULAR NEWS
UK Funeral Debt nears £150m
Funeral Debt is on the rise in the United Kingdom with research showing that private debt owing for Funeral fees has nearly reached the...
Debtor faces years in prison for gun attack on Bailiff
A Tenant with arrears of over £8,000 who gunned down a Bailiff and housing officer during an eviction is facing years behind bars following a...
WORD CUP 2016
Unpaid Court Fines Continue to Accumulate
Courts across Swindon and Wiltshire have been left with a mountain of unpaid debt totalling more than £5.5mn, with the ...
Flat Insolvency Rates Masking Sector Fluctuations
Company failure rates will remain flat during the second quarter of 2012 but firms supplying the construction, real estate and ...
Children to be given lessons on illegal loan sharks
School children in parts of England are to be given lessons, warning them about the...
WRC Rally Cup
Olympics helps Britain come out of recession
Olympics spending fuelled Britain's strongest quarterly growth in five years, springboarding the country out of recession in the third quarter, data showed on Thursday
Steep rise in Business CCJ’s
According to figures released today by Registry Trust, adverse County Court Judgements (CCJ's) are on...
Late Payment – The problem that won’t go away
With Brexit dominating the economic spectrum, Small businesses in the UK are under major cash...
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CYCLING TOUR
Incomes and Savings Growing Alongside Debts
Families in the UK have seen monthly incomes nudge ahead of inflation as the typical monthly household income hits £2,150, according to the latest Aviva Family Finances Report.
City writes off 3m of uncollected Debt
Council Bosses in Leicester have had to write off almost 3m of uncollected debt it was announced yesterday.
This huge amount of uncollected debt has...
Cash strapped Council calls in Bailiffs
BAILIFFS are being sent in to recover more than £2 million in unpaid council tax.
Boom time for Debt Collection Agencies purchasing bad debt
Debt Collection Agencies in the UK are purchasing bad debt for as little as 10p for every single pounds worth of debt they buy...
New proposals could see the end of the PPI Claims industry
The United Kingdom's Ministry of Justice announced yesterday it is set to limit the fees charged by PPI Claims Management companies to their customers...
TENNIS
FCA to review Debt Collection practices of Payday Lenders
Payday money lender firms have long been criticised for expensive interest levels and also apparent simplicity assisting the UK population with escalating numbers of...
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Energy firm collapses with web of debts
A Energy supply firm based in Northern England has collapsed leaving creditors and customers in limbo according to reports.
GB Energy Supply which is located in Lancashire has...
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LATEST ARTICLES
78,000 Premises visited by Bailiffs due to Business Rate debt
Research by real estate adviser Altus Group revealed that, during the last financial year (2018/19), over 78,000 non-domestic properties from retailers to restaurants to pubs to factories were referred to Bailiffs to levy ‘distress’...
UK Companies still failing to chase Business Debts
The latest new research from Lloyds Bank Commercial Banking Division has shown that a roughly a third of UK businesses who experienced late payment over the past year did nothing about it.
The fear of...
Debtor jailed for attack on Debt Collection Agents
A 25 year old man from Derby has been sent to prison for 10 months following a violent attack on two Bailiffs in Derbyshire.
Sameer Shabir was one of a trio of men who physically...
Kent College applies for ‘education’ administration
A Kent based college is set to enter 'education administration' under the rarely used insolvency procedures created by the Technical and Further Education Act 2017.
West Kent and Ashford College (WKAC) has filed for administration...
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...
