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Debt Collection News Roundup – June, 2019

Here at Access Credit Management we make sure to stay up to date with all the important news in the national and international debt collection industry.  We’re dedicated to providing our readers with interesting and relevant news about the sector, so once a month we publish a News Roundup.  This should keep you up to speed with all the important happenings in the industry and empower you with a valuable resource that that you can use to stay fully informed of all the latest news.  It would be interesting to know what you, the readers, think of the stories that feature here.  Please join in by adding your comments on our Facebook page, tweeting on Twitter or email us if you come across anything that you think we should include.

Our first item concerns reports that thousands of householders here in the UK who are in debt to energy suppliers could be chased for the money by the administrators of 11 small energy companies that have gone out of business.  When energy suppliers go bust, Ofgem appoints a new provider to ensure that consumers continue to receive an energy supply whilst their old supplier is taken over by administrators.  However, in cases where cash is owed to the supplier, the administrators are not bound by the same rules as suppliers and can pursue the debts more aggressively.

Brighton County Court ruled against a TV bailiff las week after a Bracknell couple filmed the ordeal when a bailiff from Channel Five’s “Can’t Pay? We’ll Take it Away!” letting himself into their home and refusing to leave.  The bailiff searched through their private drawers and wardrobes, causing so much distress that the couple had to have medical treatment for anxiety.  It transpired that the couple’s address was erroneously supplied by the bailiffs and that the couple did not owe any money.  This is one of the disadvantages of the reality TV phenomenon.

In an astonishing feat, a Stoke-on-Trent resident managed to pay off a £32,000 debt with £11,500 after negotiating with his creditors.  The royal Mail worker who’s 44 had run up debts whilst in his twenties and managed to avoid the debt collectors for years.  Finally, having become sick of the stress involved, the man contacted all of his creditors, many of whom agreed to cancel the debt in return for a single payment that he could afford.

Worryingly, more than 7,000 residents in the East of England are faced with burgeoning debt over unpaid social care charges, with 215 of these facing legal action to recover the money they owe.  According to the GMB (the union for care workers), the care system is at crisis point, with many care companies going out of business.  GMB National Officer, Rachel Harrison says that the way in which we run our care system needs a complete overhaul in order to meet future needs.