Parents angry over ‘closed’ Private school’s debt collectors
Education Bosses have been defending their action to recover unpaid school fees owing to a Private school which closed last summer.Local Parents in Wearside have been angered by demands for payment from a Debt...
Video store issues Debt Collectors threat to customers for 12 year old debts
A Video shop Owner from Kent has threatened his customers with Debt Collection action if old fines are not paid, some which date back to 2005.It has been reported by the Mirror newspaper that...
Small Business late payment ‘guru’ search is underway
The Government is taking action to tackle late payment issues for small businesses in the UK. The proposed appointment of a Commissioner is now underway with applications being welcomed.The new role of Small Business...
Consumer Debt Collection Agency collapses with huge debts
A large Consumer Debt Collection Agency has collapsed with masses of debt owing to its creditors including the HMRC, staff and suppliers.Experto Credite entered into a voluntary liquidation late last year with accountancy firm...
New Business Late Payment legislation to be enforced
The UK Government's Department for Business, Energy & Industrial Strategy (BEIS) has published a brand new updated set of draft regulations that specifically requires large companies in the UK to disclose the time frames...
7 Smart Business Credit control tips for 2017
The start of a New Year is the perfect time to reflect on 2016 and implement new strategies. One of the key focal points for any size of business, should be credit control tips.This...
UK Funeral Debt nears £150m
Funeral Debt is on the rise in the United Kingdom with research showing that private debt owing for Funeral fees has nearly reached the £150m mark this year.The research conducted by Insurance Giants Royal...
FCA to review high cost credit markets
The Financial Conduct Authority (FCA) has announced that it plans to review high-cost credit products that pose the highest risk to consumers.
Amongst the sectors under scrutiny is the rent-to-own market, which includes leading retailer...
Energy firm collapses with web of debts
A Energy supply firm based in Northern England has collapsed leaving creditors and customers in limbo according to reports.GB Energy Supply which is located in Lancashire has ceased trading with immediate effect leaving its 160,000 customers in...
Debt Collection action could have saved 50,000 SME’s
A report from the Federation of small businesses (The FSB) have released a comprehsive report detailing the way that small companies are being systematically affected by late payments.As part of their findings it has...
