UK attacked by scam Debt Collection emails
UK Businesses have reported a sharp rise in scam debt collection emails purporting from legitimate British companies.For years company email addresses have been blighted by the usual scam emails claiming to be from banks,...
Consumer Debt Collectors in demand
The UK's Demand for highly-skilled debt collection specialists in the consumer industry has surged by almost 56% in the last year, according to specialist financial services recruitment firm BrightPool.Following increased pressure from the Financial Conduct Authority...
Farmer’s 1.4m VAT fraud to pay off Debt Collectors
A farmer who stole £1.4 million of taxpayers' cash in a VAT fraud to pay off Debt Collectors and Bailiffs it was claimed in court. It was also said his life became like "the most depressing...
Phones4u in administration
Accountancy firm PricewaterhouseCoopers LLP has been lined up as the preferred insolvency administrator for Phones 4u Ltd. and its subsidiaries. This follows after the private equity-backed cellphone retailer announced it was being forced out...
New Debt recovery website launched
The Best4debt network, the UK’s leading provider for Debt Collection quotations and Debt Collector comparisons, has announced the launch of a new internet comparison site to accompany their existing main site best4debtcollection.co.ukBest4debt has already many businesses and individuals...
Charities calling for protection for Welsh families in debt
Almost 150,000 children are living in families struggling with debt, according to a research study from The Children's Society and charity StepChange Debt. The study found more than 86,000 families in Wales are living...
35% of Americans subject to Debt Collection action
A recent report conducted by US based organisation 'The Urban institute' has found that over 35% of American citizens who have a credit file were subject to recovery actions from a Debt Collection Agency...
Well known flooring firm in administration for a third time
Administrators have been called into to troubled flooring firm 'Floors-2-go' for a third time.Midlands based Insolvency firm MB Insolvency have been appointed to deal with the brands owner Nixon & Hope Ltd, earlier this...
Government’s Debt Collection initiative has failed say MPs
The Committee of public accounts has said that efforts to recover 22 Billion pounds worth of debt owing to the government have failed dramatically and a new plan needs to be devised according to...
Successful Debt Collection is the key to Liverpool’s tax woes
It has been revealed that Liverpool City Council is owed a staggering 97.5m in unpaid council tax which is more than the total owed across the whole of Wales.The vast sum outstanding equates to...
