Hospitals turning to Debt Collection firms for help
Hospitals across Ireland are turning to Professional Debt Collection Agencies in a bid to combat unpaid fees.The HSE, which is responsible for public Health services in Ireland, using debt collection companies to chase up...
Brit being held in Prison due to Credit Card Debt
A British man is being held in a notorious Czech Prison awaiting extradition to Qatar due to an unpaid Credit Card Debt.Alan Stevenson from Manchester worked as an I.T Manager in Doha, Qatar in...
Soccer Legend has assets frozen due to Unpaid Debts
Brazilian Soccer Legend Ronaldinho has had properties seized due to unpaid debts and taxes according to reports coming out of Brazil.He has also has his Spanish and Brazilian passports confiscated due to mounting debt...
Construction Industry sees improved payment times
Trade body Build UK has advised that its members are continuing to improve payment performance within the construction sector. The average time for Contractors to make payment of invoices is now down to 40...
Half a Million UK firms in ‘significant distress’
Almost half a millions Businesses in the UK are in significant financial distress according to new research published by Insolvency firm Begbies Traynor.The red flag data produced by the Insolvency giants reveals that around...
Body Cameras to be compulsory for Private Debt Collectors
The Government has announced plans to make body worn cameras compulsive for all Private Debt Collection firms and Bailiffs to ensure compliance.The Ministry of Justice has announced the move for England and Wales to...
Bailiff Axe attacker avoids Jail
Two Bailiffs endured a horrific 25 minute 'terrifying' attack from a Debtor who attacked them with an Axe as well as threatening them with a chainsaw a court has heard.Johnathon Hepton aged 58 was...
SME’s fearful of chasing Unpaid Invoices
SME's are avoiding taking Debt Recovery action and chasing non payment a report has revealed. Small Business Commissioner Paul Uppal and Commercial Finance Lender Growth Street launched a collaborative survey, asking SME's about their...
Late Payment – The problem that won’t go away
With Brexit dominating the economic spectrum, Small businesses in the UK are under major cash flow pressure which in turn is leading to increased financial instability as a direct result of the Countries endemic...
MP’s report suggests new Business Late payment Laws
The Government should introduce a tougher regime to tackle larger companies who treat small businesses ‘disgracefully’ by enforcing long payment terms or paying their suppliers late, says the Business, Energy and Industrial Strategy (BEIS)...
