Media company wound up for false claims

Dodgy Liverpool based Global Media Corporation Ltd has been wound up by the Insolvency service following indepth investigations.Global Media had been 'selling' advertising space diaries and magazines purporting to belong to the emergency services.During...

Proposals could see bankruptcy period extended

Individuals declaring bankruptcy could be facing tougher measures by way of extended bankruptcy periods from 1 to 3 years if new  proposals are accepted.R3, the trade association for the insolvency industry has called for...

Debt Collectors threaten to enter big brother house

Debt Collectors have apparently threatened to enter the Big Brother House to serve failed pop star 'Dappy' with bankruptcy papers.The former N-Dubz star now in the Celebrity version of Big Brother on channel 5...

New website launched

We have been working hard over the christmas period to get our new website up and running, packed with even more features and articles.A lot of time effort and expense has gone into this...

Top 10 tips to avoid accruing bad Business debts

Our top ten tips on how small businesses can prevent new debts.

Personal Insolvencies in the UK continue to fall

The number of people in the UK declared insolvent is continuing to fall

Lloyds PPI payout bill tops 8 Billion pounds

Lloyds Banking Group's bill for compensating customers who were mis-sold payment protection insurance (PPI) has risen to more than £8 billion.

Less than 5% of DWP Debt recovered since 2008

Figures released by the Department for Work & Pensions showed that less than 5% of the debts passed to external Debt Collection Agencies has been recovered

Fears for elderly over levels of mortgage debt

Concerns have been voiced over the number of elderly people sitting on large amounts of mortgage debt at risk from losing their homes.

Bailiff sentenced over 10k theft from Debt Collection firm

A BAILIFF who stole nearly £10,000 from a debt collection company in Waltham Abbey has been spared jail.