debt collection letters said to be misleading

Toll fine Debt Collection letters are ‘intimidating and misleading’

Letters being sent by a Debt Collection Agency to drivers who fail to pail Tyne Tunnel fees are "initimidating and misleading" debt charities have warned.The Debt Collection letters advise of potential fines and even...
celebrity in court for unpaid debt

Celebrity in court hearing for £3.2m unpaid Debt

Reality celebrity star and former glamour model Katie Price is due in court today after amassing vast amount of unpaid debt.Katie Price is facing court today over her staggering £3.2million debt repayment.The former glamour model,...
debt collection agencies could have save small businesses

Debt Collection Agencies could help save thousands of SME’s

Debt Collection Agencies could help save thousands of Small Businesses in the UK it is claimed. Almost 500,000 Small Businesses and SME's in the UK are facing the real prospect of going bust.History shows...
small business going bust

500,000 Small Businesses at risk of going bust within weeks

Increasing running costs have created a ticking time bomb for Small Businesses according to the FSB. The Federation of Small Businesses (FSB) have issued a warning that around 500,000 Small Businesses are at serious...
small business late payment getting worse

Small Business late payment getting worse

Small businesses had to wait an average of 29.9 days to be paid in April according to the latest figures from Xero. This marks an increase in Small Business late payment.Average late payment days...
slough council forced to sell buildings to pay debt

Council forced to sell buildings to pay debts

A council is being forced to sell buildings to pay debts it has emerged. Slough Borough Council faces having to sell off most of its assets to pay off debts,  government commissioners have warned.Following...
cost of bankruptcy petitions to rise

Number of Businesses going bust doubles in 2022

Businesses going bust and company insolvencies are at more than double their 2021 levels for the second consecutive month warns a leading Trade body.Alarming figures for April published by the Insolvency Service for England...
high couirt writ issued for unpaid care home fees

Council hit with huge writ for Unpaid Care home fees

A Council in Wales has been hit with a high court writ to recover unpaid care home fees it owes.Gwynedd Council is reported to owe a large sum to a private care home service...
change in numbers of business insolvencies

Business insolvencies predicted to skyrocket

Trade Credit insurers Allianz Trade have predicted that Business insolvencies will skyrocket. They predict company insolvencies will rise by a huge 37% this year. This would see the UK become the first big European...
madame tussauds served with winding up petition

Ex TV Channel boss banned from being a Company Director

A Plymouth based businessman has been banned from being a company director for eight years. This follows after his TV network went bust with unpaid debts totaling nearly two million pounds.The Insolvency Service gave...