Both Equifax and TransUnion recently rolled out new solutions aimed at helping collection agents get better estimations of potential recovery amounts from delinquent debtors. Both companies launched ...
Taking on debt is not necessarily a bad thing (as long as the debt is used for things to generate wealth), but in the current cost-of-living crisis debt can easily spiral out of control. With an ...
Many of the nation's largest credit grantors are missing a chance to develop new account relationships through their deceased account recovery practices, according to a recent study released today by ...
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Renfrewshire councillor calls for more education on debt write-off process after £550,000 wiped
A councillor has called for more education on Renfrewshire Council’s process for writing off irrecoverable debt as it prepares to wipe out approximately £550,000. The step has been authorised after ...
This was the big fear holding Angela back from contacting a Licensed Insolvency Trustee to learn more about a consumer proposal and other financial options. Angela isn’t her real name (we’ve changed ...
"There will be situations where the debt recovery process fails to recover some or all of the debt and will need to be considered for write off in accordance with the schemes of delegation prescribed ...
Renfrewshire Council is preparing to write off more than £250,000 of irrecoverable debt – if elected members approve the move next week. The step is set to be taken as the recovery of debt from ...
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