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2 December 2010 Last updated at 15:38
Debt management firm warned over misleading names
Debt management firms have been told not to suggest they are charities or an official government service.
The Office of Fair Trading issued the warning as it told one company not to use names such as the Bankruptcy Helpline or the Insolvency Helpline.
The firm, Baker Evans, said it would appeal against the decision.
"We have disagreed throughout with the OFT's suggestion that the word 'helpline' infers free or government run," a Baker Evans spokesman said.
More Here
http://www.bbc.co.uk/news/business-11900874
Debt management firm warned over misleading names
Debt management firms have been told not to suggest they are charities or an official government service.
The Office of Fair Trading issued the warning as it told one company not to use names such as the Bankruptcy Helpline or the Insolvency Helpline.
The firm, Baker Evans, said it would appeal against the decision.
"We have disagreed throughout with the OFT's suggestion that the word 'helpline' infers free or government run," a Baker Evans spokesman said.
More Here
http://www.bbc.co.uk/news/business-11900874
