Credit, Collections & Insolvency News
The winners of the second annual Credit & Collections Technology Awards were announced last night at the Credit Services Associations’s annual Gala dinner at the Crown Plaza in Stratford-upon-Avon. Eighteen winners from the Awards categories which are covered by four main headings of Credit, Collections, Credit & Collections services and Innovation were revealed. Stay tuned…
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The Ministry of Justice (MOJ) has announced it has had to suspend its Transforming Compliance and Enforcement Programme (TCEP) enforcing court orders and collecting historic criminal debt will continue unchanged after further upgrades to the service, including systems and technology, were put on hold. The plans are no longer affordable within the Ministry of Justice’s…
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Enforcement specialist JBW Group has acquired shares in Court Enforcement Services (CESL) further growing the UK operations of multi-national of JBW’s parent company Outsourcing Inc. Court Enforcement Services will continue to be managed separately to JBW and will retain its brand and management team, led by Managing Director, Daren Simcox. Simcox said “Court Enforcement Services…
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Winding up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 1DIG LTD 22ZERO FOUR CONSULTING LTD 3A PROGRAMME MANAGEMENT SOLUTION LTD 3D PROPERTY DEVELOPMENT (TURRIFF) LTD 4BC ASSOCIATES LTD 5 STAR GAS SERVICES LTD A & A COOLING LTD A DOGS LIFE CO LTD A H MARKETING SERVICES…
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Administration notices have been issued and advertised in the London Gazette for the following companies: A & A (MELTON MOWBRAY) LTD ABAKUS DIRECT LTD. ABCDEFG CORPORATION LTD AGENCY LIGHTING LTD AK (LIGHTING & SIGNS) LTD ALTEC ENGINEERING GROUP LTD AMARYLLIS GROUP HOLDINGS LTD AMARYLLIS GROUP HOLDINGS LTD ASSOCIATED STEEL WORKS LTD ATHENA ROOFING AND CLADDING LTD…
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The total value of adverse county court judgments (CCJs) against businesses recorded in England and Wales rose sharply during the first half of the year, according to figures released by Registry Trust. In Q1 and Q2 2018, 63,452 CCJs were registered against businesses in England and Wales. Rising 19 percent compared to the same period…
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Winding up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 101 ARTISTS LTD 1ST CHOICE BUSINESS SOLUTIONS LTD 36 SCARBOROUGH AVENUE LTD 36415201 LTD 4FIBS LLP A & W ROOFING SERVICES LTD A LEECH LTD A S BURNS LTD A-CLASS ASPHALTING LTD A.C.T DAMP & RENOVATIONS LTD ACQUISITION…
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The total council tax owed in England has risen by 6.6% in the past year. The Ministry of Housing, Communities & Local Government figures show that in 2017-18 local authorities collected a total of £28.0 billion in council tax, irrespective of the year to which it related. This was an increase of £1.4 billion, or…
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The total number of defaults and small claims judgments issued in Northern Ireland during the first half of the year rose to the highest levels since 2012, according to figures released today by Registry Trust. However, the percentage of judgments marked as satisfied was just a fifth of the percentage satisfied in England and Wales…
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The number of business debt judgments registered in the Republic of Ireland has decreased, according to the latest figures released by Registry Trust. A decrease in the volume of business judgments, coupled with a 16 percent drop in the average judgment’s value led to a 39 percent fall in the total value of business judgments. The…
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The number of debt judgments marked as satisfied in Jersey almost halved during the first half of 2018, according to figures released today by Registry Trust. In Q1 and Q2 2018, a total of 895 debt judgments were made, four percent fewer than during the same period last year. Despite falling in number, the total…
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Public sector debt collection should not be lagging behind private sector best practice, H&F Ethical Collections said today. H&F Ethical Collections is the joint venture between global credit management firm Intrum and Hammersmith & Fulham Council which was formed in 2017 to reduce the use of bailiffs and improve the treatment of people in debt.…
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Customer late payment continues to hamper the growth of small subcontractors working in the UK construction sector, according to new research by Bibby Financial Services and the Vinden Partnership. Bibby Financial Services research entitled ‘Subcontracting Growth 2018’, revealed that 60 per cent of subcontractors in the UK had suffered from bad debt in the last 12…
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