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Debts.co.uk Moving Into Scotland To Expand Its Business

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http://www.ft.com/cms/s/6e5dcd62-0b25-11dc...amp;_i_referer=

Debts.co.uk buys into Scotland
By David Blackwell
Published: May 26 2007 03:00 | Last updated: May 26 2007 03:00
Debts.co.uk, the personal insolvency specialist, is raising £1.6m through a placing at 105p a share - well below last year's Aim flotation price of 160p.
The company is using the money for an acquisition that will take it into the Scottish market and to provide additional working capital. However, it also said that trading to date was up with expectations.

Some will do well out of Great Crash 2 that is for sure! Scotland has had a great deal of miracle inflation since Gordon introduced the housing boom so perhaps the downside will see a commensurate level of insolvency and repossessions. Looks like the debt boys are setting up shop and are getting ready for the flood of new business about to begin.

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http://www.ft.com/cms/s/6e5dcd62-0b25-11dc...amp;_i_referer=
Debts.co.uk buys into Scotland
By David Blackwell
Published: May 26 2007 03:00 | Last updated: May 26 2007 03:00
Debts.co.uk, the personal insolvency specialist, is raising £1.6m through a placing at 105p a share - well below last year's Aim flotation price of 160p.
The company is using the money for an acquisition that will take it into the Scottish market and to provide additional working capital. However, it also said that trading to date was up with expectations.

Some will do well out of Great Crash 2 that is for sure! Scotland has had a great deal of miracle inflation since Gordon introduced the housing boom so perhaps the downside will see a commensurate level of insolvency and repossessions. Looks like the debt boys are setting up shop and are getting ready for the flood of new business about to begin.

Where thaz muck thaz brass!

If I had to pick a major gowth industry for the next 5 years, debt collection would be my No.1

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