Three debt collection businesses in Wakefield have been shut down following investigations by the Insolvency Service.

Greece’s tax collection and monitoring mechanisms are in complete disarray while the political administration is unable move ahead with their restructuring

The UK economy grew by more than previously thought in 2012, official figures have shown.

In the UK, The Office of Fair Trading (OFT) has been given the power to suspend any debt collection agency that targets and mis-sells credit to certain vulnerable consumers.

Tax dodgers are being named on a list published by HM Revenue and Customs (HMRC) for the first time, as their affairs come under greater scrutiny.

A report into the top 488 businesses operating in the debt collection agencies industry has found that 50 companies are showing the same characteristics as HMV, Comet and Blockbuster.

Yorkshire Water late payers who miss bill payments could find it harder to take out loans or credit cards following a deal struck between the utility provider and credit reference firm Experian.

Nearly £2 billion in court fines and confiscation orders remains unpaid, new figures have shown, while the Government has admitted it needs to do more to tackle the debt with the usage of Debt Collectors.

The UK tax authority has made a good start at cutting costs but faces a longer term battle to protect customer service, a report has found.

With the UK's Debt Collection Industry coming under ever increasing scrutiny, we take a look at the American Debt Collection Industry and the problems the authorities have to deal with across the water.