Tag: featured
RBS allocates a further 465m for PPI claims
The Royal Bank of Scotland has set aside a further 465m for PPI claims as it is revealed that claims are expected to continue...
Sony sees credit rating cut to ‘Junk’
Sony, the Japanese Electronic giant, has seen its credit rating slashed to 'junk' by global market experts Moody's. Despite still boasting profits, Moody's state that...
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...
Proposals could see bankruptcy period extended
Individuals declaring bankruptcy could be facing tougher measures by way of extended bankruptcy periods from 1 to 3 years if new proposals are accepted. R3,...
Debt Collectors threaten to enter big brother house
Debt Collectors have apparently threatened to enter the Big Brother House to serve failed pop star 'Dappy' with bankruptcy papers. The former N-Dubz star now...
New website launched
We have been working hard over the christmas period to get our new website up and running, packed with even more features and articles. A...
Personal Insolvencies in the UK continue to fall
The number of people in the UK declared insolvent is continuing to fall
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
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
