Tag: debt
Wales Council bosses want to name and shame debtors
Council Bosses in North Wales are proposing to name and shame debtors who owe them more than £300,000 details have emerged. The furious councillors are...
Wonga avoids criminal charges over misleading Debt Collection
The UK's largest 'payday' lender Wonga, has suprisingly avoided criminal prosecution over its 'unfair and misleading' debt collection practices. A full scale investigation conducted by the Office of Fair...
Glasgow Debt purchaser to create 100 new jobs
Large Debt purchasing group Capquest, have announced they will create up to 100 new jobs at their Glasgow site in Scotland. A new recruitment drive will seek to fill...
Liquidated football club had over 900 creditors
Bailiffs, Debt Collectors & High Court Enforcement officers were regular visitors to Football club, Hereford United's ground last year and the true extent of...
Bailiffs uncover huge cannabis factory
County Court Bailiffs in Sussex called in the police after stumbling across a multi million pound cannabis operation during a building repossession last friday. The huge cannabis farm was...
Concern as number of UK company liquidations rises
The number of compulsory company liquidations in England and Wales rose by a staggering 53.1% during the first quarter of 2014, compared with the...
17% of people retiring this year will be in debt
According to research conducted by Prudential, 17% of people retiring this year will have debts outstanding, averaging around £24,800 each. These startling figures give cause...
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.
Restructuring specialist takes control of HMV
Business Restructuring specialist Hilco has taken effective control of music and DVD retailer HMV.
Payday Loans to cause ‘Debt Tsunami’ warns MP
Labour MP Stella Creasy has warned that a "debt tsunami" will engulf Britain if the payday loans industry is not regulated.
