Tag: Late Payment

  • Home visits from debt collectors

    Your creditors can use different ways to get you to pay your debts. One way is to send a debt collector to visit your home in person, although they will often call or write to you first. You are not obliged let a debt collector into your home and they don’t have the right to…

  • Retail Home Shopping

    Consumers don’t need to venture outside of their front door to shop for home, personal, gifts and gardening items. There are 24 hour television channels dedicated solely to the home shopping audience. The internet also serves as an easy way to click a shopping basket full of items that, many times, are bought on a…

  • Buy now, pay later grocery schemes are a ‘debt trap’ for struggling families

    UK regulators say the latest surge in interest-free credit does not offer enough protection for those who are slipping into debt. Families hit by the cost-of-living crisis are being targeted by credit firms offering “buy now, pay later” deals on weekly groceries, pet food and hot drinks. Shoppers are urged to spread their payments for…

  • Bailiffs accused of strong-arm tactics in UK

    When the first lockdown was in effect, bailiffs were forbidden from coming to your home. This went on for a whole year until April 2021 when they resumed their visits with members of The Civil Enforcement Association conducting over 1 million worth between September 2020 and its end! The number of people seeking aid from…

  • Warning as millions of taxpayers owe money to HMRC – are you affected?

    TAX debt is now more than double pre-pandemic levels with the National Audit Office (NAO) today warning the HMRC may struggle in dealing with the workload of collection. Up to 2.4 million taxpayers are thought to be in debt to HMRC since the pandemic with a total debt of £42billion in September according to the…

  • Small UK Businesses to consider insolvency to escape COVID loans

    An article from The Financial Times has revealed that small businesses in the UK are seeking advice on ways to escape dangerous levels of debt built up in government-backed loans during the Covid-19 pandemic, with some considering prepack administrations. Begbies Traynor, the listed restructuring company, said its analysis showed more than half of UK businesses…

  • What should a late payment letter include?

    Late payment or debt recovery letters as they are sometimes called can be an effective way to recover debts if they are put together correctly. Here’s some advice on how to compile your own letter and what and how much to include. Before we get started it is also worth noting that you may need…

  • Eviction rights explained as notice periods for tenants is slashed

    Eviction notice periods are being reduced as notice periods return to pre-pandemic levels. We explain what this means and your rights if you’ve been asked to leave your home. Eviction notices are being slashed as temporary measures in place to protect tenants return to pre-pandemic levels. Extra support was put in place during the Covid…