rise in tradespeople and self employed chasing debts and late payments

Self Employed Tradespeople chasing debts of £6k on average

New research by Direct Line has found that the average self-employed tradesperson is chasing £6,000 in late payments. The data has shown that 81 per...
government slammed over plans which will increase private rent arrears

Government slammed over plans that will fuel Private Rent Arrears

Government Ministers are being urged to do more to prevent tenants building up private rent arrears, not allow them to get bigger as currently...
councils use of bailiffs has gone up

Map shows where Bailiffs in London are most used to collect debts

The London Borough of Croydon sends out the highest number of bailiffs in all of England and Wales to collect debts, according to a...
liverpool law firm disappears

Law firm ‘disappears’ owing £37.5m to Creditors

The administrators of a collapsed Liverpool law firm have admitted they do not know if creditors will receive a return, amid ongoing uncertainty over...
council writes off uncollected debt

City Council owed £229m in Unpaid Debt

Bristol City Council is owed £229m in unpaid debt, included nearly £52m of council tax it has failed to collect. However unpaid invoices account for...
scam invoices warning

Authorities issue Scam Invoices warning

The Intellectual Property Office (IPO)  has issued a fresh warning to customers to beware of misleading requests for payments, sent by unsolicited organisations. These typically...
London plagued by rogue tenants

Londons lettings market being plagued by Rogue Tenants

London estate and lettings agent Benham and Reeves has uncovered a growing wave of fraudulent activity with rogue tenants targeting landlords in the capital. With...
charity's plea to restrict council tax debt collection

Charity’s plea to restrict Council tax Debt Collection

The Charity, National Debtline says action is needed to improve debt collection practices at a effectively-bankrupt authority. Financially-stricken Birmingham City Council sent almost 60,000 debts to bailiffs...
government to combat sme late payments

SME Late Payments increase by 48% says New research

Over 3.6 million (72%) small and medium-sized enterprises (SMEs) have some form of outstanding late payment from customers, leaving them £96,772 out of pocket...
Small business debt recovery needed to boost cash flow

Council’s ineffective Debt Recovery leading to increased Bailiff usage

A debt advice charity has urged Warrington Borough Council to improve debt recovery methods after bailiffs were instructed 6,432 times in a year. New findings...