Credit, Collections & Insolvency News
Latest data from the Bank of England has shown that the number of new mortgages competed by lenders jumped 50.4% to £77.6 billion in the first three months of the year compared to 12 months ago, hitting the highest quarterly level for more than two years. The data shows that the outstanding value of all…
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The Government has announced in a Written Ministerial Statement that the Ministry of Justice will be consulting on how to implement regulation of the enforcement sector. The Government says the review will aim to increase protections for those facing debt enforcement action and raise fees recoverable by bailiff firms. Setting out plans to overhaul to…
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The Civil Enforcement Association (CIVEA) has identified a 300% increase in reports of people impersonating enforcement agents and using aggressive tactics to scare victims into paying fictitious debts. CIVEA was notified of 26 ‘fake bailiff’ reports in the first quarter of the year (January – March 2025), almost equal to the amount received during the…
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Landlords across England and Wales who are struggling to get their properties back because of months of delays and a ‘postcode lottery’ in the County Court system are being urged to enforce their judgments through the High Court according to the High Court Enforcement Officers Association (HCEOA). Landlords across England and Wales currently face significant…
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The High Court Enforcement Officers Association (HCEOA) has backed the Civil Justice Council’s (CJC) Enforcement report and is calling on the Ministry of Justice and HMCTS to act to bring forward its key recommendations with a clear timeline for implementation. The aim of the Civil Justice Council Enforcement report was to consider ways in which…
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More than 1.3 million households in the UK are no longer paying council tax, resulting in local authorities failing to collect a record £6bn annually, according to a report by the Centre for Social Justice (CSJ) think tank. The report highlights that council tax debt has doubled in the past six years, with the debt…
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More than 2.7 million debts were referred to bailiffs by local authorities in England and Wales during the 2022/23 financial year, according to new research conducted by the Money Advice Trust, the charity that runs National Debtline, and the Centre for Social Justice think-tank. The findings, based on Freedom of Information requests to local authorities,…
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New government data has shown 2,682 households in England were evicted from their homes by bailiffs as a result of Section 21 no-fault evictions between January and March – up 19% in a year and the highest number in six years. The Ministry of Justice figures show a further 7,863 landlords in England started Section…
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Research by the High Court Enforcement Officers Association (HCEOA) has found that there is strong support from the general public for a fair and effective enforcement system. The data and the feedback from the research, which involved a representative sample of 2,000 people across England and Wales, showed that 83% agreed or strongly agreed that…
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The Civil Enforcement Association (CIVEA) has announced the winners of its Excellence Awards at its gala dinner. The CIVEA industry awards showcased the best practices in the enforcement sector and highlighted exceptional performance. Notable winners included Carole Kenney from CDER Group in the Women in Enforcement category. JTR Collections (with Acquired) won the Innovation in…
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Members of the UK Regulators’ Network (UKRN) the Financial Conduct Authority (FC) FCA, Ofgem, Ofwat, and Ofcom, have published a joint letter setting out shared expectations in relation to debt collection and customers experiencing financial difficulty. The letter calls on companies to improve their debt collection practices, after identifying shortcomings across the financial services industry,…
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New Ministry of Justice data, has found between July and September 8,399 landlords in England started Section 21 no-fault eviction court proceedings against their tenants, the highest number for seven years. With the number of court proceedings resulting from no-fault evictions climbing by 38% in a year, Shelter is urging the government not to further…
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The High Court Enforcement Officers Association (HCEOA) is backing the Enforcement Conduct Board’s (ECB) new accreditation scheme for the enforcement profession. A register of accredited enforcement firms has now been published on the ECB’s website for the first time and marks an important step for the ECB, which was set up in 2022 to provide…
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