Insolvency Experts warn of mass Business Collapses
Over 500,000 British Businesses are at risk of collapse due to the Coronavirus claim Insolvency Experts.In the first three months of this year, over...
Debt Collection Trade Body warns against ‘writing off billions’
The Credit Services Association has issued a stern response to claims from Debt Charities in the UK. Charities have made audacious requests that all...
Debt Collection firms facing Coronavirus challenges
The UK's Debt Collection industry is in uncharted waters as are many sectors due to the coronavirus. Most though are still continuing to operate...
SME’s facing Coronavirus Cashflow problems
Over two-thirds of UK SMEs (69%) have reported significant pressures on their cash levels according to latest insights from business lender MarketFinance. This is...
Court orders Landlord to pay Tenant money over Eviction failings
A London based landlord has been ordered to pay her Tenant compensation following a botched 'eviction'.Landlady, Lydia Suleaudu demonstrated a blatant disregard for her...
High Court orders closure of Debt Collection Agency
The High Court in Manchester has ordered the immediate closure of a rogue Debt Collection Agency based in Newcastle.Following a number of complaints, the...
Estate Agent banned after spending clients monies
The owner of a Ipswich based Estate Agency has been banned from running a Business for five years.Jane Hipkin Russell aged 58, was subject...
Number of Personal CCJs hits record high
The number of Personal CCJs issued for the year 2019 hit a record high. The level of CCJ's issued against individuals is now double...
Government considers using Debt Collectors to collect TV licence Fees
A Government Consultation is seriously considering using Debt Collectors to collect unpaid TV licence Fees.Bailiffs would be instructed to remove TV sets from properties...
Disqualified Director ordered to pay £500k to Creditors
The Insolvency service entered new territory as it won a case against a disqualified company director. In what is considered a landmark case, former...
