Council seeking to recover over 5m of Bad Debt
Stoke-on-Trent City Council is currently talking to at least 13 debt collection firms over the recovery of 5m worth of debt
Office of Fair Trading vows to get tough
A new guidance from the Office of Fair Trading (OFT) is set to triple the amount that businesses can be fined for stepping beyond permitted competition boundaries.
HMRC admits errors in use of Private Debt Collectors
Well over half the complaints made against the taxman are upheld by HM Revenue & Customs’ own internal complaints system.
Consumers suffer BT Debt Recovery headache
CANCELLING a telephone and broadband package when out of the specified contract period should be relatively straightforward.
Base rate held as economy shows sign of improving
The Bank of England has voted to keep interest rates at 0.5% and hold fire on pumping any more money into the economy through its quantitative easing programme.
Banks still not lending to small businesses
Figures showing almost half of all new small business lending applications have been declined by banks are being greeted with disappointment by the Forum of Private Business
‘Dodgy’ Debt Collector prosecuted
The owner of a takeaway lost his business after his electricity was cut off by a debt collector using a forged warrant to "cut corners".
Leading UK Commercial Debt Collection firm shows increase in figures
Off the back of the latest CSA debt statistics, Federal Management Ltd have revealed an increase of 24.5% in their Collection figures for the first six months of 2012 compared with the same period in 2011
Travelodge Creditors Vote Through Debt Deal
Travelodge's landlords have backed a controversial rescue plan to help the budget hotel chain overcome its crippling debt burden.
Return of the debtor’s prison
US Debt collectors are using legal loopholes to lock up poor citizens who can't pay their debts.
