Late payment turns construction subcontractors into unwilling creditors

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Late payment is causing mid-sized construction subcontractors to become net lenders, according to figures from the Federation of Master Builders.


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Top Debt Recovery Tips

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Debt recovery isn’t always easy – that’s why specialist debt collection firms like CPA exist in the first place – but there are a few things you can do that will help you get your money back, whether you chase for payment yourself, or appoint a debt recovery company to do it for you.


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Dialling into debt: 8% miss mobile payments

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One in twelve people have missed a mobile phone bill payment, according to figures from the Debt Advisory Centre – potentially putting them at risk of being rejected for bigger lending like a mortgage.


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Police warn of telephone debt collection scam

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Humberside Police have warned of a telephone debt collection scam, in which victims are told of a ‘phantom debt’ they owe, and threatened that if they do not pay immediately, they will be taken to court in Birkenhead.


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Dodge debt for a happier Christmas

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It might be a little late to make any major changes to how you finance this Christmas, but if things have been a little tight this year, it might be worth making it a New Year’s resolution to be better prepared next December.


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HMRC debt recovery ‘direct access’ rules revised

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The controversial ‘direct access’ rules that allow HMRC to remove funds from individuals’ bank accounts for the purposes of debt recovery have been revised in order to make it safer for the population.


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Financial Planning Week says ‘reach your goals’

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All this week, Financial Planning Week has been urging people to get their finances in order – a way to reach your goals in life, without over-stretching your bank account.


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5 Benefits of Credit Control

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We’re always happy to talk about the benefits of credit control, as it’s an important way for businesses of all sizes to protect their revenues and profits.


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‘Runaway businesses’ struck off at £200m taxpayer cost

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An increasing number of businesses may be being struck off by Companies House without full investigations into their directors’ dealings, according to a report from Moore Stephens.


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Bailiffs have a blast in Birmingham

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Bailiffs are used to being called in to deal with unpaid debts, but even they sometimes need to call in experts in other fields – such as bomb disposal, for instance.


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