Bailiffs have powers removed

New laws that come into effect this weekend will see Bailiffs banned from entering homes at night and from using physical force against debtors. The term 'Bailiff' is also set to be changed to...
business insolvencies rise in ferbruary

Boom time for Debt Collection Agencies purchasing bad debt

Debt Collection Agencies in the UK are purchasing bad debt for as little as 10p for every single pounds worth of debt they buy according to new reports. Leading credit rating agency Standard & Poor's...

Royal’s new nanny named on Debtors list

The new nanny of the Royal latest addition, Prince George, was the subject of discussion yesterday after being exposed as a council tax evader. Maria-Teresa Turrion Borrallo aged 43, was named on a Spanish local...

Council writes off millions after Debt Collection failure

A cash strapped council has had to write off more than 2m of unpaid council taxes after Debt Collectors and Bailiffs recovered just £35,000 from a total of 2 million owing. The unnamed Debt Collection...

HMRC gets tough with new Debt Collection powers

As part of the Governments new budget announcement, the HMRC are to be given new powers to strengthen their Debt Collection powers as part of a drive to increase revenue for the state. Tax evaders...

Ireland’s biggest university hires Debt Collectors

The Republic of Ireland's biggest University has begun using a Debt Collection Agency in the hope of recouping nearly one million euros worth of outstanding student fees. The University College Dublin is just one of...

FCA to review Debt Collection practices of Payday Lenders

Payday money lender firms have long been criticised for expensive interest levels and also apparent simplicity assisting the UK population with escalating numbers of debts, however now they may be on its way within...

Debt Collection Agencies could be tasked with enforcement of TV licensing

New proposals are being discussed by MPs to change the the policies in place for non payment of a TV license. Currently, refusing to pay the £145.50 per year for a colour TV license can...

Children to be given lessons on illegal loan sharks

School children in parts of England are to be given lessons, warning them about the use of illegal loans sharks. The IMLT (Illegal Money Lending Team) is offering schools across the country pre packed lessons...
fac debt collection agency

100m windfall for backers of UK Debt Collection Agency

One of the UK's largest Consumer Debt Collection Agencies is reportedly due to pay out a 100m jackpot to its backers according to sources in the city. The Lowell Group, which is owned by private...