Credit, Collections & Insolvency News
Accountant in Bankruptcy (AiB) has appointed respected insolvency sector figure Mike Norris to its Advisory Board. Norris joins AiB as a non-executive board member to offer independent challenge and professional expertise to the Executive Agency of the Scottish Government. Since 2008, Norris has headed up the UK, Canadian and Dutch operations for Max Recovery, the leading…
Read moreA Court of Appeal decision handed down earlier in the week has significant implications for thousands of personal insolvency procedures, says insolvency trade body R3. The Court of Appeal’s judgment in the case of Green v Wright has clarified what should happen to payment protection insurance (PPI) refunds paid to people who have completed an…
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Philip King Chief Executive of the Chartered Institute of Credit Management has refuted suggestions that new government financial reporting rules will increase the burden on big businesses, and says greater transparency will help improve customer/supplier relationships. From next month, all big businesses will be obliged to post their payment records on a dedicated government website on how…
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Callcredit Information Group has announced the appointment of three new global market development leaders. Eamonn Tierney, the Group’s current Managing Director, Credit Solutions, will move to head up a consolidated UK business development team. Rick Biggs, the Group’s current Managing Director, Software, Analytics & Fraud, will become the head for the Group’s International Markets. A new head…
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Morses Club has announced its latest company results to 25th February 2017. Total credit issued increased by 18% to £144m compared with the prior year, with customer numbers increasing by 9% to 216,000 as at 25 February 2017. This increase reflects the success of new territory builds and acquisitions in our core home collect credit…
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Arrow Global has announced its preliminary results for the year ending 31st December 2016. The results showed a record year for organic portfolio purchases of £223.0 million (2015: £176.3 million). Purchased loan portfolio asset base and loan notes increased by 37.2% to £804.1 million (2015: £586.3 million*), which is reflected in the increased value of the…
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