Español (ESP)Named liability for water bills set to help debt recovery
Utility Week
23 October 2009
The Walker Review's proposal for "named liability" could be a big help to water companies trying to reduce customer debt levels, says John Telford.
In Search of Value
Credit Today
07 September 2009
Despite market challenges, innovative sale design can maximise value from asset sale.
Landlords face liability for tenants’ unpaid water bills under government proposal
The Times
04 June 2009
Residential landlords could be made liable for unpaid water bills left by departing tenants under a government review of water charges.
Grim prediction on debt - Bankruptcies likely to soar
Nottingham Evening Post
16 February 2009
The number of people seeking a drastic solution to chronic debts will increase by half this year, a Nottingham business which analyses debt has warned.
Are debt management plans likely to come under the spotlight in 2009?
Credit Today
05 January 2009
Debt management plans (DMPs) are not recorded by government, making them an unknown quantity in the personal insolvency market.
Debt Sale 2009 - Don't get left behind
Credit Today
05 January 2009
With a challenging economic environment Stuart Bungay, director of asset sale at TDX Group, looks at what the future holds for organisations considering debt sale in 2009.
TDX Group 11th in the Sunday Times Fast Track 100
Sunday Times
08 December 2008
TDX Group has been included in Sunday Time Fast Track 100 league table which focuses exclusively on the UK’s top-performing private companies with the fastest-growing sales. TDX Group was ranked 11th in the UK, and 2nd in the Midlands.
To find out more about Fast Track, click here
Creditors in hostile collections environment
Credit Today
06 November 2008
The conditions affecting debt collection have worsened significantly, according to debt management specialist TDX Group.
In the groups quarterly debt index it reported the biggest ever deterioration in the macro conditions affecting creditors ability to collect debts since it started tracking conditions in 2002.
Can creditors control the explosion?
Credit Collections & Risk
01 September 2008
With Debt Management Plan volumes set to explode TDX Group has launched DMX to help creditors meet the demand.
Debt solutions 'kitemark' launched
Credit Today
14 August 2008
Four debt solutions providers have become the first to be quality marked under TDX Group’s Debt Standard for responsible and ethical debt solutions companies.
Collections promise masks gloom ahead
Credit Today
03 August 2008
There has been a slight improvement in conditions affecting collections activity in banks, according to the TDX Group Debt Index.
Insolvency figures soar as credit crunch burns debt-ridden homeowners
The Telegraph
01 August 2008
The number of homeowners becoming insolvent has soared in the last twelve months, the Daily Telegraph can reveal.
Alternative to bankruptcy- An Individual Voluntary Arrangement
Nottingham Evening Post
30 July 2008
Debtors can choose to take out an Indivdiual Voluntary Arrangement (IVA) as an alternative to bankruptcy.
Debt worries 'to grow in run-up to Christmas'
myfinances.co.uk
21 July 2008
The run-up to Christmas will see increasing debt strains for UK households, according to new research.
TDX offers debt management service
Credit Today
08 July 2008
TDX Group has revealed the name of its centralised platform to automate the processes for debt management plans.
Homeowners clamour for help with debt
The Times
24 June 2008
Homeowners are increasingly turning to debt management companies to help them repay their loans as lenders cut off access to refinancing and mortgages.
Debt sale market enjoys a record year with £7.4bn sold
Credit Today
9 June 2008
TDX Group predicts further growth in 2008 and move to resale.
Are we likely to see a large growth in resale in 2008?
CSA & DBSG Newsletter
01 June 2008
As the UK debt sale market matures, consideration needs to be given to the potential benefits of resale as a strategic asset management tool.
Improving trace and collect returns
Credit Today
06 May 2008
Regardless of whether or not arrears grow and collections teams feel the strain, it is worth taking a look at improving tracing processes.
'Problem debt' hits £25bn
Financial Times
16 April 2008
About £25bn ($49bn) of consumer debt in Britain is “problem debt” that people are struggling to repay, according to a new study.
Thousands to have usual credit lines cut off
The Times
16 April 2008
Almost 600,000 people will be unable to refinance their debts this year after finding their usual lines of credit cut off, forcing them to go bust or sign expensive “bankruptcy-lite” agreements.
Trouble looms for Britons racking up £25bn problem loans
The Guardian
16 April 2008
The number of people struggling with their debts looks set to double during 2008 as the clampdown on lending will limit their refinancing options, according to a report published today.
A Future for Utility Debt Sale?
Credit, Collections and Risk
01 April 2008
The way that creditors deal with debtors, and each other, looks set to undergo a huge shift, as the fallout from the credit crunch continues to wreak havoc on the industry.
Speaking Out- Praise for the protocol
Credit Today
4 March 2008
Mark Hover, director of TIX at TDX Group talks about the IVA protocols.
Creditors cannot treat customers fairly with a 'one size fits all' approach
Credit Management supplement, The Times
18 February 2008
The traditional creditor approach to debt recovery is ‘one size fits all’. This approach is being challenged both by a need to improve recoveries and by the growing importance of the principle of treating customers fairly.
Drop in debt index is temporary relief
Credit Today
07 January 2008
The TDX Group Debt Index, which measures the state of the debt market and creditors' efforts to collect on their outstanding balances, has fallen for the first time since 2006.
TDX launches accreditation scheme for IPs
Credit Today
03 January 2008
The Insolvency Exchange takes on audit role, despite IP reservations.
