All Consumer issues, debt and bankruptcy articles – Page 5
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News
SRA warns in-house lawyers not to mislead third parties
Regulator has received ‘a number of complaints' about debt recovery letters.
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News
Minister: 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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News
Student Loans Company suspends misleading recovery letters
Letters included the phrase ‘we are instructed by our client’.
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News
Society asks Met Police to investigate Wonga over fake firms
Three sets of offences may have been committed, Society says.
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News
Wonga 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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News
Consumer 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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News
Government 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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News
Irwin Mitchell buys ex-Halliwells unit
ABS pioneer’s debt legal services arm to take on HL Interactive for undisclosed sum.
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News
Government opts in to expanded EU small claims track
Limit will rise to €10,000 under European Commission proposals.
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News
High street cull as 136 firms disappear
The SRA has published names of firms that did not obtain indemnity insurance.
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News
Manchester firm failed after NatWest halted lending
Statement to creditors shows background to collapse of boutique firm.
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News
Conflicted 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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News
Clients 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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News
Challinors 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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Opinion
Trading 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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News
Cobbetts clear-up fees revealed
An administrator’s report has laid out who made what from the Cobbetts collapse.
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News
Consumer panel calls for single regulator
The Legal Services Consumer Panel says the regulatory regime is a maze for clients and a burden for lawyers.
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News
Airline ‘compensation culture’ fears
The airline industry has warned that a ‘compensation culture’ has been created for passengers taking advantage of new rules on flight delays.