All Consumer issues, debt and bankruptcy articles – Page 5
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OpinionMPs’ anger at fake firms scandal
Vulnerable people are being exploited by companies who do know better.
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NewsMPs grill Lloyds executive over ‘law firm’ debt letters
Treasury select committee writes to four major banks demanding answers on letters to indebted customers.
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NewsSRA warns in-house lawyers not to mislead third parties
Regulator has received ‘a number of complaints' about debt recovery letters.
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NewsMinister: I didn’t know about student loan letters
David Willetts said the use of a debt-recovery letters practice had not been brought to his attention before media reports last week.
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NewsStudent Loans Company suspends misleading recovery letters
Letters included the phrase ‘we are instructed by our client’.
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NewsSociety asks Met Police to investigate Wonga over fake firms
Three sets of offences may have been committed, Society says.
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NewsWonga threatened customers with fake law firms
The UK’s biggest payday lender has entered an agreement with the Financial Conduct Authority to compensate around 45,000 customers.
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NewsConsumer watchdog raps PII reform plans
Panel cites ’weakness in the evidence base’ for cutting minimum cover.
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News‘Culture change’ needed to embrace fee-charging McKenzie friends
Consumer watchdog says the access to justice benefits outweigh potential detriment to clients.
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NewsGovernment plans ADR scheme for consumer rights
An alternative dispute resolution scheme is intended to give consumers greater redress without going to court.
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NewsIrwin Mitchell buys ex-Halliwells unit
ABS pioneer’s debt legal services arm to take on HL Interactive for undisclosed sum.
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NewsGovernment opts in to expanded EU small claims track
Limit will rise to €10,000 under European Commission proposals.
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NewsHigh street cull as 136 firms disappear
The SRA has published names of firms that did not obtain indemnity insurance.
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NewsManchester firm failed after NatWest halted lending
Statement to creditors shows background to collapse of boutique firm.
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NewsConflicted firms ‘unable to act against banks’
Businesses being ‘driven into bankruptcy’ by RBS are unable to fight back through the courts, Tomlinson report finds.
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NewsClients unwilling to pay extra for regulation costs
LSB survey finds little public enthusiam for clients paying for their own regulatory protection.
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NewsChallinors creditors left with nothing
The demise of the Midlands partnership is expected to cost around 250 creditors a total of £7.1m.
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OpinionTrading blows
Giving consumers a private right of redress against rogue traders could cause problems for lawyers.
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News'Horror stories' case for third-party complaints
The Legal Services Consumer Panel has stepped up its campaign for the ombudsman to take on third-party complaints.
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NewsCobbetts clear-up fees revealed
An administrator’s report has laid out who made what from the Cobbetts collapse.