Charity slams use of Bailiffs

Well known Debt charity organisations StepChange and the Money Advice Trust (MAT) have both reported increasing levels of council tax debt in England & Wales. It...

Invoice Fraud causes loss of £9bn to SME’s

A new report released has revealed details of a whopping £9bn lost to scammers as a result of fraudulent invoicing and scam debt recovery.The...

High Street Giant enters administration

It has been announced that troubled UK high street stalwart British Home Stores has formally entered administration with over 11,000 jobs said to be...

Late payment continues to frustrate UK SME’s

Around 48% of Small and Medium Sized Enterprises in the United Kingdom continue to be frustrated by late payment of invoices and overdue payments...

Cash strapped NHS trust calls in Debt Collectors

A NHS Health trust which overpaid staff by £200,000 enlisted the assistance of a firm of Debt Collectors to help try and recoup the...

FOS warns of rogue British bank

The Financial Ombudsman Service has announced it has had sackfuls of complaints about an unauthorised bank claiming to pay off mortgages for a £10 monthly...

Russian Debt Collectors hit horrifying new low

Russia's Debt Collection industry hit a new low this week as it was reported that Evil Debt Collectors had cut off a children hospital's...

60% of UK Small Business invoices paid late

59.6% of all invoices owing to small businesses in the United Kingdom are paid late according to research conducted by factoring firm Marketinvoice.This latest...

Scottish motorists Debt Collection woes

English Debt collectors are being drafted in to chase up unpaid parking fines for car parks across the north-east Scotland, a charity has claimed. Citizens Advice...

Russia’s Debt Collection Hell

Russian Debt Collectors adopt menacing Collection methods The Russian authorities are rushing through proposals to deal to stem the tide and rising threats by lenders including...