Tag: debt collection agencies
Boom time for Debt Collection Agencies purchasing bad debt
Debt Collection Agencies in the UK are purchasing bad debt for as little as 10p for every single pounds worth of debt they buy...
Debt Collection firms lose licence
OFT gets tough The Office of Fair Trading has deemed three Debt Collection companies as 'unfit' to hold consumer credit licenses and refused to renew...
HMRC to increase use of Debt Collection Agencies
HM Revenue & Customs last year doubled the amount spent on debt collection agencies in respect of the collection of unpaid tax.
Scam UK Debt Collection Agencies closed down
Three debt collection businesses in Wakefield have been shut down following investigations by the Insolvency Service.
UK Debt Collection Agencies in financial trouble
A report into the top 488 businesses operating in the debt collection agencies industry has found that 50 companies are showing the same characteristics as HMV, Comet and Blockbuster.
Debt Collection Agencies pursuing £62bn
The amount of consumer debt passed to UK debt collection agencies rose to £62 billion in the third quarter of 2012, the highest level recorded in over a year.
FCA to crack down on Debt Collection Agencies
Debt Collection agencies are set to face tougher, more intrusive and expensive regulation under plans being drawn up in Whitehall.
Pop star sues Debt Collection Firm
musician Prince has turned the tables on Capital Asset Protection, filing a lawsuit against the US Calabasas-based company for allegedly taking more than $100,000 from his bank account.
Local council writes off £230k of bad debt
PENDLE Council has had to write off more than £230,000 in unpaid debts.
Over 60 billion of Debt passed to Debt Collection Agencies
Consumer debt passed to Debt Collection Agencies(DCA’s) or sold to Debt Buyers has officially passed the £60 billion figure for the first time