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Bailiffs caught up in multi million pound computer error

A whistleblower has claimed £270 million of payments to Bristol City Council are sloshing around without being processed, and innocent people have had bailiffs turning up at their doors

Payday Loan industry is ‘out of control’

The Citizen’s Advice Bureau is calling on the Office for Fair Trading to immediately ban the payday lenders it says it has evidence of causing harm to borrowers.

Bailiff boom due to Council Tax benefit cuts

Bailiffs are profiting at the expense of struggling families because of cuts to council tax benefits, according to the Citizens Advice service.

Female Insolvencies on the increase

Payday lenders and other expensive credit providers who are 'ruthlessly targeting' young women could be behind the growing proportion of women being declared insolvent.

HMRC issues Tax Credit scam email warning

People who receive tax credits are being warned about scam emails being sent out by fraudsters in an attempt to gather card details and passwords.

Debt Purchase Group competitor buy out

DEBT purchaser Lowell Group has acquired the Interlacken Group in a move to bring additional strength to the firm.

US state sues bank over Debt Collection practices

The American state of California is suing JPMorgan Chase, accusing the Wall Street bank of illegally abusing credit card customers and abusing the court system

Bailiffs to attend Jobcentre to enforce County Court Order

BAILIFFS are set to raid a Jobcentre and seize goods in settlement of an unpaid £400 bill.

Banking chief quits over debt rating fiasco

The chief executive of the Co-operative Bank has resigned after its debt was reduced to ‘junk’ status by a leading credit ratings agency.

Bank lending to increase as bad debts fall

Bank lending to businesses is set to rise for the first time in four years