Debt Collection Boss facing 20 years prison term
Huge Efforts by US Government officials to crack down on view as unscrupulous debt collection practices have entered the courtroom. A Georgia man is on trial for a Debt Collection scheme that state prosecutors...
Charity slams use of Bailiffs
Well known Debt charity organisations StepChange and the Money Advice Trust (MAT) have both reported increasing levels of council tax debt in England & Wales.
It is said that cuts to local government funding has meant...
Invoice Fraud causes loss of £9bn to SME’s
A new report released has revealed details of a whopping £9bn lost to scammers as a result of fraudulent invoicing and scam debt recovery.The report, complied by Tungsten Invoicing Network, was conducted with over...
High Street Giant enters administration
It has been announced that troubled UK high street stalwart British Home Stores has formally entered administration with over 11,000 jobs said to be at risk along with the potential closure of 164 stores.Business...
Late payment continues to frustrate UK SME’s
Around 48% of Small and Medium Sized Enterprises in the United Kingdom continue to be frustrated by late payment of invoices and overdue payments on accounts a new survey has revealed.The survey conducted by...
Cash strapped NHS trust calls in Debt Collectors
A NHS Health trust which overpaid staff by £200,000 enlisted the assistance of a firm of Debt Collectors to help try and recoup the money as quickly as possible.A total of 316 NHS staff...
FOS warns of rogue British bank
The Financial Ombudsman Service has announced it has had sackfuls of complaints about an unauthorised bank claiming to pay off mortgages for a £10 monthly fee.
It has been reported in the Daily Mail that customers...
Russian Debt Collectors hit horrifying new low
Russia's Debt Collection industry hit a new low this week as it was reported that Evil Debt Collectors had cut off a children hospital's phone lines simply because it refused to make a payment...
60% of UK Small Business invoices paid late
59.6% of all invoices owing to small businesses in the United Kingdom are paid late according to research conducted by factoring firm Marketinvoice.This latest information only compounds fears that the UK has far worse...
Scottish motorists Debt Collection woes
English Debt collectors are being drafted in to chase up unpaid parking fines for car parks across the north-east Scotland, a charity has claimed. Citizens Advice Scotland say that parking debt firm Debt Recovery Plus Ltd...
