17 July, 2015
2 July, 2015
Research carried out my accountancy firm Moore Stephens also shows a large increase in local authorities using charging orders.
26 June, 2015
[2015] EWHC 1841 (Ch)
25 June, 2015
New report, published by the Financial Conduct Authority today, finds that vulnerable customers encouraged to purchase products and services which were not suitable and impeded their ability to repay their debts.
18 June, 2015
New report endorses the proposal from the Institute for Public Policy Research for an affordable credit trust to endow and support non profit-making providers of affordable loans for low to middle income families.
12 June, 2015
New evidence shows a steady decline in payday loan problems from April 2014 as new regulations were introduced by the Financial Conduct Authority and the regulator took enforcement action against lenders and, additionally, a further drop after the government introduced the cap on payday loans on 2 January 2015.
4 June, 2015
3 June, 2015
New regulations that amend the Insolvency Rules (Northern Ireland) 1991 to introduce a number of procedures which will make improvements in the administration of insolvencies aimed at providing a better service for both debtors and creditors.
29 May, 2015
New regulations that amend the Debt Arrangement Scheme (Scotland) Regulations 2011 to exclude certain debts related to student loans, and, in specified cases, restores protections from diligence or sequestration after an application for approval of a programme is made but while it has not been approved.
29 May, 2015
New figures from the Registry Trust also highlight that a higher proportion of consumer debt is now in the hands of debt buyers rather than the originating lenders.
26 May, 2015
New figures show that, whilst the proportion of consumer debt issues people come to Citizens Advice with is down 12 per cent since 2011, issues relating relating to day to day costs like rent and household bills are up 8 per cent.
26 May, 2015
[2015] EWHC 1343 (QB)
22 May, 2015
The Financial Conduct Authority is warning customers of three debt management firms - Sterling Financial Security Limited, Haydon Associates Debt Management Consultants Limited, and Clear View Finance Limited - to check their debt situation with their creditors and find out exactly what they owe.
22 May, 2015
Annual review from the Financial Ombudsman Service also reports that 63 per cent of new complaints were about payment protection insurance (PPI) despite the total number of PPI complaints falling by about half.
6 May, 2015
[2015] EWHC 1252 (Admin)
29 April, 2015
New statistics from the Insolvency Service also show a 5.1 per cent decrease in debt relief orders, and a 23.5 per cent decrease in individual voluntary arrangements over the same period.
22 April, 2015
New Accountant in Bankruptcy figures for fourth quarter of 2014-2015 include that personal insolvencies fell 15.2 per cent from the same period of the previous year.
13 April, 2015
Key pledges include the introduction of a levy on payday lenders.
7 April, 2015
Independent reports on response to freedom of information request revealing that, following abolition of council tax benefit, summonses for non-payment of council tax increased by 30 per cent in local authorities requiring minimum payments, whilst the increase was 9 per cent in local authorities that provided support for the full council tax bill.
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