UK debt collections

FEBRUARY 14, 2024

Retail Insolvencies are expected to continue to rise according to latest industry expert findings. Less than two months into 2024 and six UK retailers have already gone bust, with a further two warning they may fall into trouble, as experts warn the market will “continue to see an uptick in retail insolvencies”.

Retail 96

Retail Acquisition Creditors 96

Collection Industry News

OCTOBER 27, 2023

The company said it reached a deal with creditors on a restructuring plan that includes evaluating its retail footprint and closing underperforming locations. Rite Aid’s retail pharmacy segment has long been a key growth driver for the company, but that hasn’t been enough to offset its mounting losses.

Bankruptcy 40

Bankruptcy Retail Acquisition Lender 40

Better Credit Blog

AUGUST 21, 2020

This means that Radius Global Solutions has acquired your debt from the original creditor and has opened a collection account on your credit report. You may hear from them if you have debt in health care, retail, financial services, education, or utilities. Collection accounts can be extremely damaging to your credit score.

Debt collector 53

Debt collector Collections Agency Collection Agencies Original Creditor 53