Bangor City FC have unpaid debts

Football Club suspended from all activities due to Unpaid Debts

Historic Welsh Football Club Bangor City have been suspended from all football related activities due on ongoing issues with unpaid wages.The Football Association of...
small business late payment getting worse

1 in 3 Businesses see late payment as biggest threat to survival

Late payments are threatening the survival of British businesses. In-depth analysis by invoice finance provider, Time Finance has revealed some startling truths. Uncovering the...
debt collectors in Liverpool instructed on 30,000 debts

Tenant Eviction to be suspended over Christmas period

An announcement is expected to be made advising that Tenant Evictions will be suspended over the Christmas period.It is understood a 'christmas truce' will...
pressure on hmrc to improve debt collection

HMRC facing pressure to improve Debt Collection

In the latest HMRC update, overdue debt increased to £58 billion – a record-breaking level of debt. Sushil Patel, Director of Restructuring Advisory at Kroll,...
rise in uk business insolvencies

Micro Businesses hit by 60% hike in Late Payments

New research has revealed late payments are continuing to have a significant impact on UK small businesses – with the smallest businesses being some of...
insolvency service closing half of its offices

What happens to a Business Debt when a Company gets struck off?

If a Limited Company has debts they cannot afford or want to avoid paying, they sometimes go down the route of getting the company...
Unpaid School Fees for private school

Failed Private School was owed £51k in Unpaid School Fees

Administrators for a failed Private School in Derbyshire have revealed that they were owed £51,536 by debtors for unpaid school fees at the time...
new law for covid commercial rent arrears

Landlord Tenant Evictions rise by 207%

The latest statistics released by the Ministry of Justice have shown there were 4,853 landlord possessions across England and Wales between July and September....
University asks federal management for help on debt collection

University gets help from top Debt Collection firm to educate students

The UK's largest University has called upon a leading UK Debt Collection Agency for help with course content for its students. It is seen...
swiss government started debt collection

Swiss Government takes debt collection action over unpaid fees

Switzerland spent more than seven million francs repatriating citizens in the first wave of the Covid pandemic.The Swiss government has started debt collection proceedings...