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...
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...
Surge in spurious ‘Debt Collection’ claims
UK Debt Collection comparison site best4debtcollection.co.uk have reported a large increasing number of false claims through their website.They state as many as 60% of 'claims' of debt owing are either misleading, false or very ambiguous...
Debt Collection firm named and shamed by HMRC
Nottingham based Debt Collection firm Eurocoll Limited have been labelled as a deliberate tax defaulter in a document published by the HMRC.Details of the firms conduct are detailed in the document and provides details...
Landlord property possession claims on the rise
Landlord possession claims rose by 26% in 2013. Last years figures went against a decline in previous years with 170,451 possession claims being processed in total according to figures released by the Ministry of...
