Credit, Collections & Insolvency News
An electrician from Middlesbrough has been subjected to seven years of stringent bankruptcy restrictions after claiming two Covid Bounce Back Loans and overstating his turnover to gain £16,250 more than he was entitled to. Shaun Dixon, a self-employed electrician from Leamington Grove in Middlesbrough, claimed Bounce Back Loans totalling £23,750 for his business in the…
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Third party collections specialist, InDebted has announced the appointment of Kristyn Leffler as Chief Product Officer. Leffler joins InDebted from one of the nation’s largest debt buyers, where she developed innovative, data-driven collections strategies. In her new role, Leffler will lead InDebted’s global product strategy, focusing on enhancing the company’s AI-powered collections capabilities and industry-leading…
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The Digital DRA has announced that it has become the first debt resolution agency to partner with IE Hub, in a move that will expand the support available to their customers. As part of this collaboration, The Digital DRA’s customers will now have access to IE Hub’s user-friendly online budgeting tool, designed to help people…
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Two in five households across England and Wales say they will find it difficult to afford the increases to water bills being proposed by the regulator Ofwat. The Consumer Council for Water (CCW) has published the findings of an in-depth study of 9,500 households. It gauged billpayers’ views on the regulator’s draft decisions to allow water companies to…
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The Government has published new guidance that will provide organisations with advice on how to take action to prevent fraud. Introduced last year as part of the Economic Crime and Corporate Transparency Act (ECCT), the offence is intended to hold large organisations to account if they profit from fraud. Under the offence, which has cross-Parliament…
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