Why choose Nightfox for your debt collection?
Nightfox Investigations offer specialist debt collection services that are ideal for business or personal clients. We're experts at assisting our clients get back monies owed in a speedy and professional manner and are extremely proud [...]
Does Reality TV Damage the Industry?
A family filmed being abruptly evicted from their home for Channel 5 series Can’t Pay? We’ll Take It Away has won a high court legal battle, which could force broadcasters to tone down the content of observational [...]
How a Debt Collection Agency Can Preserve Customer Relationships
Traditional debt collection only focuses on the actual process of recovering money. It has nothing to do with customer relationships. But in the modern business era, customer relation is valuable to grow a business and [...]
Debtor management in uncertain times
Things aren't looking great for our economy and now's the time to take control of your debtor management. Brexit is looming amid delays and uncertainty as to how exactly we will leave the European Union, [...]
Bailiffs should be required to wear bodycams, say MPs
Bailiffs should be officially regulated and required to wear body cameras to monitor their behaviour when they seize property to cover unpaid bills and fines, MPs have recommended. In a highly critical report on the [...]
Britain’s borrowing binge continues as Brexit looms – Business Debt!
Britain’s credit card fuelled spending binge continues apace, according to the latest figures from the Bank of England. Read more here
Nearly 50% of British Business Invoices overdue.
British Business is continuing to suffer from a damaging late payment culture. Read more here
UK economic growth slowest since 2012…
Things are slowing down here, in Europe and the Fast East. Make sure you're on top of your debtors! Read the full article here
Germany narrowly avoids recession…
Germany, the economic powerhouse of Europe narrowly missing going into recession. The warning signs are still there though. Read the full article here
Household debt: How much do we owe?
Up to 8.3 million people in the UK are unable to pay off debts or household bills, according to a report from the National Audit Office (NAO). It says that HM Treasury needs to do more [...]
Average UK household debt now stands at record £15,400
Britain’s household debt mountain has reached a new peak, with UK homes now owing an average of £15,385 to credit card firms, banks and other lenders, according to the TUC. The trade union body said [...]
Unsecured debt hits new peak of £15,400 per household
Unions blame austerity and low wages as total unsecured borrowing, including student loans, hits £428bn Unsecured debt has hit a new peak of £15,400 per household and now accounts for 30.4 per cent of income [...]
The UK’s business debt is growing fast: how can this be tackled?
The amount of debt racked up by UK business has reached a shocking £390.7bn, according to a report by Link Asset Services (Click Here For More Information) This sobering news seems to be the product [...]
Liquidations may be increasing, but your losses don’t have to!
Even people who aren’t familiar with business world were able to watch industry giant Carillion collapse almost in real time at the start of the year. Did anyone see it coming? 20,000 employees, contracts for [...]
Debt Collection – Get the money back you’re owed!
Recent data from the Office of National Statistics has confirmed that 2017 was the first year in 30 years that households across Britain spent more than they earned. This means that households are either spending [...]
Personal Insolvencies Soar
The squeeze on personal cashflow caused by higher inflation, low wage increases and benefit cuts has resulted in personal insolvency reaching a six year high according to the Insolvency Service. Personal insolvency jumped 4.4% in the [...]
£2.8bn of Bad Debt written off by Small Business & Sub Contractors
Small Businesses and subcontractors wrote off a whopping £2.8bn last year in the construction sector according to Bibby Financial services. In its ‘Subcontracting Growth’ which surveyed 250 Small Businesses and Sub Contractors, it found that on [...]
Record number of CCJ’s issued in 2018
Latest figures published by the Registry Trust through its Registrar of Judgments, Orders and Fines in England and Wales, show that the number of county court judgments (CCJs) registered against consumers reached new heights this [...]
Late Payments And Small Business
New data released by the Chambers of Commerce has highlighted the negative impact of late payment on small businesses in the UK. 76% of freelance contractors, small businesses and sole traders report being paid late [...]
Christmas goodwill doesn’t have to mean poor debt management!
Excitement about Christmas starts earlier each year. Leaving many people with a “good excuse” for all sorts of unfortunate behaviour! From taking longer “liquid” lunches, to using sick days for shopping, and trying to wiggle [...]
Final version of debt pre-action protocol released—in force 1 October 2017
The Ministry of Justice released the final version of the new pre-action protocol for debt claims on 21 March 2017 (Pre-Action Protocol for Debt Claims—in force 1 October 2017). It will come info force on [...]
Commercial property: recovery of service charges
If you own or manage a commercial property, you can use CRAR to recover rent but what can you do when there are additional fees and charges that are also due? Because CRAR can only [...]