Less than 5% of DWP Debt recovered since 2008
Figures released by the Department for Work & Pensions showed that less than 5% of the debts passed to external Debt Collection Agencies has been recovered
Fears for elderly over levels of mortgage debt
Concerns have been voiced over the number of elderly people sitting on large amounts of mortgage debt at risk from losing their homes.
Bailiff sentenced over 10k theft from Debt Collection firm
A BAILIFF who stole nearly £10,000 from a debt collection company in Waltham Abbey has been spared jail.
Irish Government considers new Debt Collection systems
The Irish Government is considering introducing new streamlined arrangements for collecting debts across the public service.
USA halts Debt Collection scams through Indian Call centres
A US regulatory body has put a stop to fake debt scams by two Florida-based companies who worked with a call centre in India and bilked millions of dollars from consumers.
Over 15m of bad debt written off by councils
Councils in Wales have written off over £8.5m in business rates and £6.6m in council tax debt in the last financial year
Over One million motorists being chased by Debt Collectors
More than a million motorists and car insurance policy holders have had debts registered against them at the Traffic Enforcement Centre
Britain’s Got Talent star receives 14 year bankruptcy restrictions
A Britain's Got Talent semi-finalist and his Manchester-based business partner have each received 14-year bankruptcy restrictions
Average UK Household Debt rose in June
Average household debt in the UK rose slightly in June, according to the latest figures
Number of Estate Agents going bust, up by 57%
The number of estate agents in the UK entering insolvency jumped 57% in the last year, a new report has indicated.