Is Debt a Crime in the UK?
Can You Really Go to Prison for Debt? Have you ever worried that falling behind on your bills could land you behind bars? Many people experience that fear, believing that outstanding debts might escalate into a criminal offence. The truth is that, for the vast majority of debts, you cannot be imprisoned. There are a […]
Can a Company Buy a Debt?
What Happens When a Business Sells a Debt? Have you ever wondered what happens when a company decides to sell a debt? Many businesses face the challenge of overdue invoices that impact their cash flow. When internal credit control efforts fail, companies must weigh their options—chase the debt themselves, use a collection agency, or sell […]
What Debts Does Lowell Buy?
Have You Been Contacted by Lowell Financial? Here’s What It Means Receiving a letter, email, or phone call from Lowell Financial can be worrying, especially if you are unsure why they are reaching out. But what exactly does Lowell do, and why might they be contacting you? This article explains everything you need to know […]
Who does Barclays use for debt collection?
Have You Received a Letter from Barclaycard Debt Collections? Here’s What It Means and How to Handle It Receiving a letter, email, or phone call about an overdue debt can feel overwhelming. If you’ve been contacted by Barclaycard Debt Collections, you may be wondering what it means, what your rights are, and how to manage […]
How to make money buying debt?
Have you ever wondered how some businesses make money from unpaid debts? It might seem like a complicated industry, but debt buying is a profitable market that allows individuals and companies to purchase outstanding debts at a fraction of their original value. The goal? Recovering payments from debtors and generating revenue in the process. If […]
How to Sell a Debt in the UK?
Have You Ever Wondered if You Can Sell a Debt You’re Owed? Chasing unpaid debts can be frustrating, costly, and time-consuming. Whether you’re a business trying to recover outstanding invoices or an individual owed money, selling a debt could be a way to regain financial control. But how does it work? Is it legal? And […]
Who owns most of UK debt?
Have You Ever Wondered Who Holds the UK’s Debt? When people hear about the UK’s national debt, many assume that foreign countries, financial elites, or even the government itself own most of it. But the reality is far more complex. The UK’s debt is spread across multiple investors, with one of the largest holders being […]
How Much Does It Cost to Buy Debt?
Have You Ever Wondered What Happens to Your Debt When It’s Sold? When people fall behind on payments, their debt can be sold to a third party for a fraction of its original value. But what does this mean for the debtor? How much do debt buyers pay, and how does this affect those who […]
How do you buy a company using debt?
Understanding the Power of Debt in Business Acquisitions Have you ever wondered if it’s possible to buy a company without having vast amounts of cash on hand? The answer is yes – and it happens more often than you might think. Many businesses change ownership through a process called a leveraged buyout (LBO), which involves […]
What company owns the most debt?
How Much Debt Can a Company Handle Before It Becomes a Problem? Debt is a powerful tool in business. It fuels growth, funds research, and keeps industries moving forward. However, when debt spirals out of control, it can spell financial disaster. Some of the world’s largest corporations are carrying staggering amounts of debt—figures so high […]