Britsih Gas – Royal debt error
British Energy giants British Gas's internal Account Recoveries team performed a 'right royal error' when they mistook a pub for the HRH Prince Charles it has emerged.The landlord of the Prince of Wales public...
Debt Collection firm in liquidation leaves clients in limbo
UK based Debt Collection Agency Sentinel Debt Recovery Limited went into a sudden liquidation at the end of November 2014 leaving its clients and debtors alike in limbo.Since 2008, Sentinel had been trading and...
Scots facing 2015 debt crisis
As many as 1,000 companies will fold and 12,000 Scots will be facing bankruptcy in 2015, a expert report has predicted.
Respected Business advisers BDO state that many companies have seen an economic improvement in the past year...
Scotland courts see surge in Debt Recovery cases
Over 1,000 people are having claims issued against them in court every day for personal debts, according to information released by Scotland insolvency body.Approximately 376,000 debtors were the subject of court claims in the financial year for 2013/14 which...
City writes off 3m of uncollected Debt
Council Bosses in Leicester have had to write off almost 3m of uncollected debt it was announced yesterday.This huge amount of uncollected debt has arisen due to overpayments in housing benefits to people that...
Police warn of new Debt Collection scam
Humberside Police have issued a warning to members of the public and the wider Business community after a surge in complaints from individuals receiving menacing 'Debt Collection' telephone calls.The Debt Collection scam involves telephone...
MAS report that UK’s ‘Debt City’ gets funds to tackle problem
Following a recent report produced by the MAS (Money advice service), it has been announced that the Citizens advice Bureau is to draft in additional debt advisers after it was revealed that nearly half of all adult residents...
Bomb Disposal Unit called in by shocked Bailiffs
Bailiffs in Birmingham had the shock of their lives yesterday after stumbling across two live artillery shells during a routine eviction yesterday in the West Midlands.The two 4.5inch Howitzer artillery pieces were surprisingly found...
Yorkshire Building Society fined over customer failings
The Financial Conduct Authority (FCA) has continued to flex its muscles after issuing a massive 4.1m fine to Yorkshire Building society for not dealing with debtors and customers in default diligently enough.A recent investigation...
Polish Debt Collection Boom
Polish Banks are rumoured to be putting together proposals to sell off hundreds of millions of pounds worth of delinquent mortgages over the coming months in the hope that it will revive profit margins...
