A higher percentage of women than men in England and Wales entered insolvency in 2017, continuing the trend of recent years, says insolvency trade body R3, commenting on the annual personal insolvency statistics released by the Insolvency Service. Looking at the geographical spread in the statistics, the North East and coastal towns such as Plymouth…

Local authorities could save thousands of pounds by using digital debt recovery instead of resorting to traditional solutions like bailiffs according to new research by Essendex. Figures show that around £2.8bn of outstanding council tax was owed to local authorities in England as of March 2017 – with many councils struggling to claw back the money.…

New research from TDX Group has indicated that people living in East Anglia, Brighton and Newcastle residents are the most likely to be insolvent. Commenting on the research Richard Haymes, Head of Financial Difficulties at TDX Group, an Equifax said  “Our latest research shows a significant and growing disparity between the level of individual insolvencies across…

A new report from Christians Against Poverty (CAP) is highlighting the powerlessness of those facing multiple debt collections from local councils and the state. While the practices of private companies have become more customer-focused, a study shows the depths of suffering from people chased for debts like council tax and benefit overpayments. Now the charity wants…

The Financial Conduct Authority (FCA) has today proposed a new Directory to help consumers and firms check the status and history of individuals working in financial services. The Directory will include all those who hold Senior Manager positions requiring FCA approval and those whose roles require firms to certify that they are fit and proper.…

New figures show that Bath and North East Somerset council authority is owed nearly £5 million in unpaid council tax, The figure includes £2.1 million of arrears relating to 2017/18 that were still outstanding at the end of the financial year. Bath and North East Somerset Council said this debt is still being recovered and…

Liverpool City Council is owed almost £100m in unpaid council tax, according to the latest government data. The data showed that Liverpool City Council was owed £99.9m of historic unpaid council tax as of the end of March. The City council owed £100m in unpaid tax The data comes from the Ministry of Housing, Communities and…

South Tyneside Council has announced that they have agreed on a collection contract with judicial services firm, Marston. Marston will enforce failed debt payments on behalf of the council and South Tyneside Homes, the firm will also take from debtors at the local authority’s request. Cabinet member for resources and innovation and chairman of South Tyneside Homes, Coun…

The Welsh Government has launched a plan to end prison sentences for non-payment of council tax. Regulations will be brought forward in early 2019 to prevent any more people being jailed for council tax debt in Wales, pending the outcome of a 12-week consultation. Unlike other forms of civil debt, courts have the power to…

The number of consumer debt judgments issued in the UK during the first quarter of the year rose for the fifth year in a row, according to figures released by the TrustOnline. During Quarter 1 of 2018, 315,121 consumer judgments registered in the UK, almost doubled compared to 162,000 judgments issued during Quarter 1 2010.…

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