Fake lawyer charged over County Court appearance
A fake lawyer has been charged in connection with offences in a County Court hearing. The man has admitted posing as a lawyer at Coventry County Court when he does not have the necessary...
Council vows to step up Debt Recovery efforts
Debt recovery efforts at Dorset Council are returning to normal following two years of a ‘light touch’ approach due to the pandemic.
Dorset Council Executive director for finance Aidan Dunn told councillors that one of...
Business insolvency rises but personal bankruptcy declines
Business Insolvency continues to rise but in stark contrast, personal bankruptcy numbers dropped. The latest figures provided by the insolvency service made for interesting reading.Whilst personal bankruptcies dropped in comparison to the same period...
Small Business Debt Recovery could boost SME cash flow as economy shrinks
Small Business Debt Recovery is becoming more important to cash flow as a UK recession looms. Flash estimates of the UK economy's performance in June showed Small Business optimism is at its lowest point...
International Business late payment rise predicted for Europe
International Business late payment is expected to rise across Europe according to latest research. A survey conducted by Intrum AB of 11,000 European companies predicts that Businesses are expecting late payments to rise. The...
Startling rise in construction firm recovery loan defaults
A startling rise in construction firms defaulting on covid loans could signal a wave of future business failures. It also signals a potential wave of Debt Collection action from creditors to recover what is...
Unpaid Commercial rent arrears on the rise
Insolvency professionals are reporting an increase in the number of companies seeking help with issues relating to unpaid commercial rent arrears. The spike has occurred since 26th of March, when restrictions to prevent landlords...
Digital Debt Recovery firm tasked with tackling unpaid fuel bills
A digital debt recovery firm has been flooded with claims for unpaid fuel following a sharp rise in numbers. Rising petrol prices have led to a sharp increase in people not paying for fuel...
Online fashion giant served with winding up petition
Leading online UK fast-fashion retailer Missguided has been served with a winding up petition due to unpaid debts. The company is said to be the brink of collapse with millions of unpaid business debts...
Invoice late payment surge crippling Yorkshire Businesses
As the UK’s economic situation continues to deteriorate, businesses in Yorkshire face a front-line battle against invoice late payment. Many Yorkshire based Businesses are starting to show signs of increasing financial problems. This is...
