Two debt management firms have been wound up after an investigation found they had taken money from clients and failed to pass it onto creditors. Cheshire-based Debt Help Direct and Money Worries claimed to offer debt management services to consumers in financial difficulties but the firms were shut down by the High Court on 3 June after a petition was brought on behalf of the secretary of state for Business, Innovation and Skills. The companies targeted people who were unable to pay their debts and arranged debt management plans for them, into which they paid a regular amount to be distributed to the creditors....Read more here