LATEST ARTICLES

bailiff

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’...
business late payment

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...
bailiff attack

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...
college administration

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...
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...