Debt Collection

Croydon Conman Who Fooled Harrods With a Dud Cheque

Have you heard the one about the Croydon conman who paid for his shopping in Harrods with a £245,000 dud cheque?

It's no joke - 49-year-old Philip Buffett of Fairfield Road faces a jail term for fraud after paying with a cheque from a closed account for goods including a £183,000 Hublot watch.

DS Chris Taylor: From Debt Recovery Rogue to Money Launderer

A former West Yorkshire Police Detective Sergeant has been convicted of money laundering after standing accused of operating or being involved in the operation of fraudulent debt elimination companies and escort agencies.

DS Christopher Taylor ran Wakefield-based First Debt Recovery, established in 2008 and supposedly drawing on his experience with the CID and Fraud Squad.

However, it was later alleged that First Debt Recovery had been laundering money for several businesses operated by Anthony Muldoon, including five bogus debt elimination firms and a total of 28 escort agencies.

Why the Man of Steel Would Make a Super Debt Collector

Superman is BACK with the cinematic release of Man of Steel, and it got us to thinking about whether or not the Kryptonian comicbook hero would be a worthy addition to the Safe Collections team.

We know he'd be a bit unpredictable - always nipping off into the nearest phone booth or flying off to save the world - but given that he'd be saving our skins in the process, we're willing to make some allowances.

Cash-Strapped Newcastle SMEs Turn to Pawn (Brokers)

SMEs in the north-east are stop-gapping their cash flow problems by turning to pawnbrokers, according to a report in local news publication The Journal.

With bank lending hard to come by and many other conventional forms of finance also suffering during the downturn, sole traders and SMEs are taking desperate measures to cover costs.

D&B Reports 2 Day Improvement on Late Payments

Overdue payments by British businesses have been improving steadily over the past two years, and are now settled two days faster than in 2011, according to analyst D&B.

Two years ago, the average late payment was made 17 days beyond agreed terms, a figure that has now improved to 15 days, but has as far to go again if it is to match 2006's average of just 13 days.

Late Payment 'Must be Stopped' in Fashion Industry

Some of the most desirable fashion brands make less desirable customers, due to poor payment practices and frequent late payment, according to an industry news provider.

Business of Fashion spoke to several budding young designers about their experiences of supplying retailers within the UK and abroad - and found widespread unrest about the likelihood of being paid on time, in full and in line with agreed terms.

Anonymous 'Testimonials' Aren’t Worth the Paper They Are Written On

Now we know that Debt Collection and Debt Recovery don’t have the best reputation in business markets, this is one of the reasons we take pride in displaying a small selection of the hundreds of client testimonials we have received over the last 30 years over on our testimonials page.

Nothing usual in that you may be thinking, but have you noticed that unlike some other agencies all of our references are clearly attributable to both a named company and an individual within that company?

Another ‘Cowboy’ Debt Collection Company Liquidated

As a fully licensed debt collection company that has been incorporated since 1984, we have a long history in providing advice on how to choose an ethical and trustworthy debt collection partner. But unfortunately sometimes this message doesn't get through to those that really need it and many businesses up and down the country can find themselves unwittingly in bed with unlicensed, unregulated and unethical 'debt recovery' companies.