Registry Trust appoints new Deputy Chief Executive

22nd August 2016 Consumer Collections |

Nick Rossister has been appointed Deputy Chief Executive at the Registry Trust.

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Late Payment and business failure responsible for one in five Insolvencies

22nd August 2016 Commercial Credit Management |

A R3 report has found that at least one fifth of UK corporate insolvencies in the past year were caused by late payment or the insolvency of another company. The survey of the insolvency profession reveals that late payment for goods or services was a primary or major cause of 23% of insolvencies in the last…

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Distressed debt deals set to grow in Eastern Europe

22nd August 2016 Consumer Collections |

A growing number of non-performing loan (NPL) portfolio transactions are being concluded in Southeast Europe, with Bulgaria, Greece, Serbia and Slovenia all expected to see more sales in the near future. In Slovenia,  the country’s largest bank Nova Ljubljanska Bank (NLB) is selling off €800million worth of NPLs in three tranches, as it cleans its…

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AA to offer mortgages

22nd August 2016 Consumer Collections |

https://www.theguardian.com/money/2016/aug/23/aa-mortgages-fixed-rate-breakdown-cover

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