More landlords could be forced into court following debt collection changes.
Legislative changes coming into force on October 1 will see the current debt threshold at which creditors can serve a statutory demand increase from £750 to £5,000.This change will force commercial landlords to pursue court...
Man hit with £1.4million phone bill for just ONE month.
Ken Slusher reveals that he is now being pursued by debt collectors and he fears that an offer on his dream home will fall through.A man is reportedly being hounded by debt collectors and fears...
Great-grandmother left ‘terrified’ over debt collection letters from Npower.
The staff at a South Tyneside charity have been praised by a great-grandmother after coming to her aid over Npower energy bill issues.Pat Mountain says problems with NPower began after she moved into her...
Mortgage complaints fall while others rise
2013 was a big year for mortgage complaints to the Consumer Financial Protection Bureau with there being a total of 49,432 complaints. This staggering figure was nearly as many as all the other products combined....
America’s largest debt collectors ordered to refund $60 million to consumers
The two firms; San Diego-based Encore Capital Group and Virginia-based Portfolio Recovery Associates are liable for pressuring consumers with false statements and issuing lawsuits using robo-signed court documents by the Consumer Financial Protection Bureau.The two firms and...
Charity argues that Bailiffs should be a last resort.
Babergh District Council has been advised that it should do more to stop the use of bailiffs by a national debt charity.According to new research by the Money Advice Trust, the charity that runs National...
Taxpayers’ money wasted in futile debt collection effort.
Exclusive details have been announced this week that Highland Council have cost the taxpayers hundreds of thousands of pounds in efforts to recover debts owed to them.A computerised debt-recovery system was designed to save the...
Jobs lost as Debt Collection Firm enters administration.
Preston based Debt Collection Firm Progress Financial Recovery Ltd have entered into administration after long running financial troubles eventually took their toll.The company is rumoured to have been experiencing financial difficulties for some time...
Debt Collectors pursuing Halton General Hospital visitors.
Debt demands in the post asking the sick and stressed to cough up £149.99.
A debt recovery firm has threatened court action against visitors of Halton and Warrington hospitals if they do not pay their...
Wales’ debt problems ‘increase by a fifth’
The number of people suffering with debt related problems in Wales has increased by nearly a fifth in the last year, according to the Citizens Advice Bureau.The service state that during 2014-2015, they helped...
