UK man being extradited due to unpaid debt in Qatar
A British man is reportedly facing extradition to Qatar over an unpaid debt owing. He is currently being held in middle eastern police cells in Iraq due to the unpaid bank debt in Qatar...
Debt Collection Experts called up as advisers for top TV soap
A leading Debt Collection Agency in the UK has been enlisted by the world's longest running television soap to assist them with script writing for storylines.Coronation Street is watched by millions of television viewers...
Company Insolvency rate rises by 72% over past year
Company insolvency rates in the United Kingdom have risen by 72% in the past year. it is reported that 20,000 companies have gone out of business according to analysis from audit, tax and advisory...
84% of CCJs unsatisfied in England and Wales
In figures released by the Registry Trust earlier this year, data showed that 84% of the County Court Judgements (CCJ) issued were deemed as unsatisfied. This means that only 16% of CCJs were recorded...
Southern Water turning to Private Debt Collectors
Southern Water is threatening to use debt collection agencies against customers involved in a payment boycott in protest against continuing raw sewage discharges.
The water company, which was given the lowest one star rating for performance by the...
Cost of Bankruptcy and Liquidation petitions to increase
The Insolvency Service has announced that the up-front petition deposit fee paid by those initiating creditor bankruptcy and compulsory liquidation proceedings is rising from 1st November 2022.The Insolvency Service is introducing changes to the...
Small Businesses in Europe relying on loans due to late payments
SMEs and Small Businesses in Europe are suffering from significant late payment issues. But this is down to lack of understanding of the processes involved, says new research from Vodeno.The company commissioned an independent...
Late payments adding to Small Business cash flow worries
Small businesses were owed almost £23,000 in late payments for a month, according to new data, adding to the sky-rocketing energy bills that are piling pressure on concerned business owners.
Late payments totalled £22,700 for...
Rise in fraud causing Courts backlog
During the first half of 2022, the value of alleged fraud cases exceeding £100k heard in UK Crown Courts soared by almost 300% compared to the first six months in 2021, rising from £137.4m...
TV production sector sees sharp rise in Business Insolvency
Companies involved in the TV production sector has seen a sharp rise. UK film and TV production company insolvencies have jumped 69% in the past year, from 67 to 113 according to new research...
