TV stars company collapses due to unpaid debts
Former Emmerdale TV soap Star Danny Miller has had his company put into liquidation due to a series of unpaid debts. The performing arts company Cannon Professional Acting company owing a whopping £117,528 of...
49% of Small Business Owners being forced to raise prices
Almost half of all Small Business owners on the UK are said to be increasing prices to combat rising costs and increasing late payments.The SME Insights Report, released by Simply Business, one of the...
Business Late Payment spiralling in Northern Ireland
Business late payment in Northern Ireland is spiralling out of control. For the third month in a row the number of overdue invoices has grown say Insolvency Trade body R3.Latest research, which is based...
Shocking rise in Business Insolvencies
A shocking rise in Business insolvencies has seen a 70% increase. The alarming rise has seen business insolvencies jump from 11,261 to 19,191 in the last year. This latest blow is according to analysis...
Enforcing a CCJ – What are the options?
Obtaining and enforcing a CCJ may seem straight forward but that is not always the case. A CCJ ratifies a debt and makes it official that the debtor owes money and it must be...
Debt Collectors in Liverpool chasing 30,000 debts
Debt Collectors in Liverpool are expected to be chasing up around 30,000 debts owed to Liverpool City Council this year.After the local authority approved a two-year extension to the contract for debt collectors in...
Self Employed suffering from rise in Late Payment
The scourge of late payment is affecting Self Employed workers and Freelancers across the UK according to one source. The average amount owed to self employed freelancers has risen to £5,230 in 2022.Andy Chamberlain...
Insolvency service advises on use of Private Debt Collection Agencies
The Insolvency has issued a statement on its use of Private Debt Collection Agencies this week.The notice advises that the Insolvency Service may used private debt collectors to recover income payment arrangements from bankrupt...
10 year ban for dodgy Director
The insolvency service has issued a huge 10 year ban to a rogue director following investigations. Grigorijs Hacaturjancs, 34, originally from Latvia, has been disqualified as a director for 10 years after fraudulently claiming...
International Debt Recovery Report reveals trickiest countries to recover from
International Debt Recovery has always been a challenge for those involved in the importing and exporting of goods. The collect of a debt in Los Angeles is obviously going to be more of a...
