Late payment contributing to Small Business Owners mental health decline
The impact of increased late payment, business impacts of the covid pandemic and lockdowns have impacted on the mental health of Small Business owners according to FSB findings.In a survey by the Federation of...
Surge in Landlords seeking Rent Arrears Debt Collection
There has been a significant increase in the number of landlords seeking rent arrears debt collection action to recover lost rent, according to eviction firm Landlord Action.The debt collection industry has seen a sharp...
Sharp rise of Businesses in ‘Financial distress’
Leading Insolvency firm Begbies Traynor has reported a 19% rise in Companies in critical financial distress for the first 3 months of 2022.Research conducted by the Insolvency specialist has found that 1,891 firms were...
Golf Course seized by Bailiffs due to Unpaid Commercial rent Arrears
Problems with Unpaid Commercial Rent Arrears have seen Bailiffs seize a scenic golf course. Bailiffs seized the golf course last week in Portishead, Bristol. The land tied in with the golf course, formerly known...
Sporting legend jailed for breaking UK insolvency laws
World famous Tennis legend Boris Becker has been jailed for two years and six months following various breaches of his bankruptcy order. Becker was made bankrupt in 2017 and ordered to comply with Insolvency...
Tennis Ace facing Jail over avoidance of Bankruptcy Debts
Grand Slam champion and well known Tennis ace Boris Becker is facing a possible lengthy prison sentence for insolvency breaches today. He is accused of hiding hundreds of thousands of pounds of assets. He...
Companies struggling with B2B Debt Collection
UK Companies are struggling with their B2B Debt Collection according to recent research. Over sixty one per cent of Businesses have failed to recover debts owed to them for a wide range of issues...
Insolvency Service continues to target Bounce Back loan abusers
The Insolvency Service has continued to target bounce back loan abusers in the UK. They have successfully secured restrictions against a gym operator and roofer after they falsely claimed bounce back loans for their...
Debt Collection quotes and what you should look for
Getting Debt Collection quotes is on the rise in the UK as is the use of debt collection agencies. The first Debt Collection quotes site in the UK was launched in 2013. Best4debtcollection.co.uk (Best4)...
Bank tells high street rivals to speed up paying suppliers
Well known UK banking organisation, TSB has called on its high street bank rivals Co-Operative Bank and Metro Bank to speed up supplier payments after it found the banks are among the worst culprits...
