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Exact Hits £2.5bn Milestone
Monday, 26 January 2009

Exact today announced it has carried out due diligence on over 20,000 borrowers and £2.5billion worth of mortgage assets since the launch of their Asset Quality Assessment service (AQA), in April 2008.   AQA has been popular with owners of and investors in mortgage assets because there is so little trust in traditional ratings.

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Court fees plan 'tax on debtors'
Monday, 26 January 2009

The Conservatives have criticised a proposal to increase court fee for debt proceedings by up to 233%. They say the new fees will be added to the person's existing liabilities, and have labelled the proposals as a "stealth tax".

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Else expands debt recovery team
Monday, 26 January 2009

Else Commercial Solicitors is expanding its debt recovery team as the recession leads to a dramatically increased workload.

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Dealing with debt in Northern Ireland
Friday, 23 January 2009

Two recent reports published by Citizens Advice Northern Ireland provide an insight into the scale of demand currently facing money advice services in Northern Ireland.

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Cabot launches ‘Morgan Solicitors’ as its in-house litigation department
Friday, 23 January 2009

Cabot Financial Group, market leader in debt purchase, today announced the launch of Morgan Solicitors as its in-house litigation department.  Morgan Solicitors will undertake all litigation work on behalf of the Cabot Group from their new premises in Rugby. The office is due to open on Monday 26th January. Piers Morgan and Dean Spencer will head up the new 15-strong team.

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Bankruptcy debtors' choice for 2009 with rock bottom equity levels
Thursday, 22 January 2009

Bankruptcies are predicted to go through the roof in the coming months as rock bottom equity levels in debtors’ homes means they are of little or no value to creditors, according to debt solution website IVA.com.

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The latest report into the UK Debt Collection Agencies market
Wednesday, 21 January 2009

The latest report into the UK Debt Collection Agencies market from industry analysts Plimsoll rates 93 of the UK’s leading 387 Debt Collection Agencies companies as being in financial Danger.

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Leicester City Football Club has selected ALBACSip
Wednesday, 21 January 2009

Leicester City Football Club has selected ALBACSip with the Direct Debit module from e-transaction software specialists, Albany Software, to manage electronic payments and create easier payment options for its season ticket holders.

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Neural Technologies and DirecTV fraud project wins award
Wednesday, 21 January 2009

Risk management software solution provider, Neural Technologies, has been presented with an Organisational Excellence Award from the British Computer Society (BCS) for the work it carried out with DirecTV, the US’s leading digital TV entertainment provider.

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How to minimise the effects of unemployment
Wednesday, 21 January 2009

On the day the Office for National Statistics announces UK unemployment has risen to its highest level since September 19971, Nationwide research reveals that a third (34%) of people are now more concerned about job security than they were 12 months ago.

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New Director of Parking Services at Philips
Monday, 19 January 2009

Keith Banbury, one of the most respected individuals within the UK parking industry, is joining Philips Collections Services as Director of Parking Services.

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