Aggressive debt collection doesn’t get borrowers to pay back loans: here is what actually recovers money

Aggressive debt collection tactics like frequent phone calls and legal threats do not recover distressed loans; structured refinancing and extended payment terms actually keep households paying. When money runs short, eight out of ten borrowers report severe financial strain, yet punitive recovery tactics suffer an overwhelming rejection rate of up to 81% among stressed consumers.…

Indian Institute of Corporate Affairs signs MoU with Association of ARCs in India to strengthen industry linkages with the flagship programme

The collaboration is expected to strengthen the integration of theoretical knowledge with practical industry experience Collaboration to cover industry faculty, joint research on distressed assets, data sharing, placement support and an annual joint conference New Delhi, 22 October 2026: The Indian Institute of Corporate Affairs (IICA), an autonomous body under the Ministry of Corporate Affairs,…

UK plumbing company falls into administration after 9 years

It offers a wide range of services including emergency plumbing, drain unblocking, CCTV surveys, and pumping station maintenance. The United Drains website adds: “Our dedicated team provides immediate support without the hassle of call centers. “From drain unblocking to CCTV surveys and emergency plumbing, we deliver fast plumbing and drainage services across the UK.” From…