Debt Collection News

Latest Debt Collection News

Live news feed sourced from our partner, ukdcnews.co.uk

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  • The Government has announced the extension of temporary insolvency measures which includes the restrictions on issuing of winding up petitions and statutory demands. The change to the regulations will mean restrictions on statutory demands and winding up petitions will remain for a further three months until 30th September 2021. The measures were introduced in the […]
  • The Government has announced that a ban on landlords evicting firms for unpaid commercial rent is being extended for another nine months. The ban, which stops landlords from taking tenants to court for non-payment, was due to end on 30th June. The Government says that the extension to the order will give places such as […]
  • The sole Director of a broker Company based in Hampshire has been banned as a Company Director. Kathleen Shepherd from Southampton was the only Director for Shepherd Site Services Limited. The company acted as a broker for waste management services within the construction industry. The company had gone into administration in November 2019, only 18 […]
  • The High Court has shut down a rogue Debt Collection Agency it has emerged. The Debt Collection Agency spuriously claimed to be able to collect debts from liquidated companies. They were wound up at the request of the Insolvency service. Global Investigations and Recoveries Ltd would contact creditors of liquidated companies. They would offer to […]
  • A Builder took extreme action when a customer refused to settle an unpaid invoice. Frustration over an ongoing dispute over an unsettled bill caused a builder to take action into his own hands. The house after it was partially demolished. Credit: BPM Media Works were ordered by a house owner in a affluent part of […]
  • A Scam Debt Collection Agency Boss has been sent to prison for 4 years and 10 months. The Dodgy Debt Collector took cash payments from clients to help recover money but did so with no intention of collecting what they were owed. Debt Collector Robert Thomas Cree from the North East of England was found […]
  • The latest figures provided by the Insolvency Service have indicated a further 22% reduction in Company insolvency rates across England and Wales. The figures show that business insolvencies fell by 7.2% to 925 in April 2021 compared to March’s figure of 997, and fell by 22.9% compared to April 2020’s figure (1,199). In April 2021 […]
  • The Insolvency Service will be given powers to tackle the problem of Dodgy Directors. They will investigate directors of companies that have been dissolved. The objective will be to close a legal loophole and provide strong deterrent against abuse of the dissolution process. The process will no longer be able to be used as a […]
  • UK’s Prime Minister Boris Johnson has hit the National Headlines due to an Unpaid CCJ. The CCJ was issued for an unpaid £535 Debt but has still not been paid six months on. The information obtained by current affairs magazine Private Eye, shows the unpaid CCJ in the register. It was made via money claims […]

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