UK debt collections
JUNE 23, 2020
A mixed party collaboration of MP’s has written to the Chancellor requesting new legislative measures to reform the government’s debt collection practices. The 50 strong group of MP’s is urging chancellor Rishi Sunak to support the creation of a Debt Management Bill.
Qualco
DECEMBER 7, 2021
The debt challenge across Europe keeps unfolding, especially after many of the moratoria that were in place in the previous months ended. According to our NPL Outlook Europe 2021 report, global debt could exceed $360 trillion by 2030. In that context, lenders need to have access to state-of-the-art technology to avoid major losses.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Qualco
APRIL 8, 2022
Since the onset of the pandemic, European governments have implemented several countermeasures to ensure the stability of their financial systems and mitigate the consequences of the crisis on the citizens and the economy struggling due to the imposed lockdowns. Want to get a full grasp on the ways they can do so?
Sawin & Shea
AUGUST 9, 2023
However, secured debt means the borrower has put up collateral (e.g. a car or their home), and agrees that they will repay the loan in a timely fashion or else the lender will gain ownership of the collateral they used to get the loan. Creditors cannot reclaim any of your property if you default on a loan. The answer is yes.
CSA
SEPTEMBER 11, 2020
s member firms have continued to facilitate payment deferrals and offer forbearance beyond the Government?s s priorities remain encouraging borrowers to talk with their lenders and engage in order to resolve any problems and find solutions ? s Debt Management function. s requirements.
Debt Guru
JULY 28, 2021
Because loans are often sold to other lenders, it might not be the servicer that first agreed to grant you the mortgage. It works like this: The lender will create a plan that helps you make up the missed payments. Each lender works differently, so be sure to ask about the details of their proposed plan. Forbearance.
CSA
FEBRUARY 21, 2020
The CSA campaign is useful in that it aims to encourage people that, if they are in difficulty and contact their lender, they should expect to be treated sympathetically and positively.? This goes beyond what is possible for any one individual lender, however helpful they may try to be.? than getting debt out of people we?
Expert insights. Personalized for you.
52 
Let's personalize your content