Registry Trust data analysis highlights insolvency early warning sign for companies with outstanding CCJs
New data analysis shows that 47% of businesses which became insolvent in May and June 2021 had an outstanding county court judgment (CCJ) against them. 78% of those which became insolvent with an outstanding CCJ had received their first CCJ within the previous 999 days. With the Insolvency Service’s latest corporate insolvency figures for August […]
Read MoreUniversal Credit claimants create guide to benefit
Researchers and a group of universal credit claimants in Northern Ireland have teamed up to create a guide to the benefit. Ulster University, which worked with the University of York, said it was the UK’s first claimant-led guide to universal credit. The experiences of the claimants are detailed in the online document. One of the […]
Read MoreCitizens Advice: One in 10 Buy Now Pay Later shoppers have been chased by debt collectors
One in 10 Buy Now Pay Later shoppers have been chased by debt collectors, rising to one in eight young people, Citizens Advice is warning. Millions of shoppers in the UK use Buy Now Pay Later to split or delay payments. But Citizens Advice fears for many people it can be a slippery slope into […]
Read MoreBob’s Blog: MALG Conference theme and other news
Hello to all our MALG Members and contacts! It is hard to believe that it is already September 2021 and we are now less than two months away from the first face-to-face MALG Conference since the onset of the pandemic. Before that, we will be attending the first major conference in our wider sector – CSA’s […]
Read MoreDebt Management Vulnerability Toolkit published
The Debt Management Vulnerability Toolkit is designed to help public sector creditors support their vulnerable customers. It provides front line staff with best-practice tools to identify and assist people facing physical and mental challenges, so recovery can focus on those who are deliberately trying to avoid repaying their debts. The toolkit has been collaboratively developed […]
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