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Ewing kicks off Debt Arrangement Scheme campaign
The Scottish Government has launched a campaign to promote the Scottish Government-backed scheme for those with unmanageable debts. _Read full story
IPA announces new deputy vice-chairman
The Insolvency Practitioners Association (IPA) has unveiled its next deputy vice-president. _Read full story
Personal insolvencies record 2011 fall
Personal insolvencies dropped by 11.3% last year compared to 2010’s figures. _Read full story
TV presenter Miquita Oliver declared bankrupt
TV presenter Miquita Oliver has been declared bankrupt for unpaid taxes to HM Revenue and Customs totalling £174,514._Read full story
Female insolvencies highest ever
The proportion of women becoming personally insolvent is at its highest level ever, a new report has revealed.
_Read full storyDebt specialists mark National Stress Awareness Day
A debt expert has urged people not to bottle up their financial woes and keep a regular eye on their balance books.
_Read full story"LSE governor" charged with corruption
A distinguished international businessman has been charged with corruption offences linked to the supply of aluminium to Bahrain.
_Read full storyICAEW to monitor DEMSA members
The Institute of Chartered Accountants in England & Wales (ICAEW) is to monitor new and existing members of DEMSA – the debt managers’ standards association.
_Read full storyR3 welcomes debt management inquiry
R3 – the trade association for business recovery professionals – has welcomed the announcement that the BIS Select Committee is to investigate debt management plans (DMPs).
_Read full storyClearDebt profits soar to £3.96m
ClearDebt Group has declared gross profits of £3.96 million for the full year to 30 June 2011, up 20 per cent on the £3.3 million announced for the same period last year.
_Read full storyDebt charities' warning of rising fuel poverty
A debt charity has warned of a sharp rise in fuel poverty after 20,000 people sought debt advice relating to energy bills in the first half of this year.
_Read full storyFairpoint Group hit by weak IVA market
Fairpoint Group posted a loss of £1.6m after tax for the first half of 2011, after revenues were impacted by a fall in volumes and fees from individual voluntary arrangements (IVAs).
_Read full storyReport reveals misfortune amid the council estates
People who have created comfortable lifestyles on council estates are suffering the highest number of insolvencies, according to a study published today.
_Read full storyFinancial services complaints surge to 150,000
Nearly 150,000 complaints against financial services firms flooded into the Financial Ombudsman Service (FOS) between January and June this year, as swathes of borrowers took action over payment protection insurance (PPI).
_Read full storyHMRC targets tax dodging directors
HM Revenue and Customs (HMRC) is taking a tougher stance against business owners who have failed to pay tax before going bankrupt, says city law firm Wedlake Bell.
_Read full storyDoor opens to VAT refunds for IVAs
Insolvency practitioners have been advised that they can start claiming VAT refunds on open individual voluntary arrangement (IVA) cases, under guidance issued by the recognised professional bodies (RPBs) on a landmark court case.
_Read full storyNorthern Ireland a debt hotspot, says CCCS
Demand for debt relief orders (DROs) in Northern Ireland was more than double the UK average during the first month of their availability in the region, according to debt charity Consumer Credit Counselling Service (CCCS).
_Read full storyDEMSA in new partnership to tackle fee chargers
The Institute of Money Advisers (IMA) and the Debt Managers Standards Association (DEMSA) have announced a new partnership intended to raise standards in the fee-charging debt advice sector.
_Read full storyUK consumers paying it down
UK home owners who are behind on mortgage payments are now more likely to pay off their arrears than two years ago, according to analysis of more than 12,000 households.
_Read full storyDebt pressures contributed to riots, study claims
Nearly half the nation believe that debt and financial pressures contributed to the looting in cities across England, according to a poll commissioned by the trade body R3.
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