Debt collection agencies

AccyChris

AccyChris

Well-Known Local
Weaver
With more an more folk finding everyday life getting harder and more expensive they can soon find thereself's in a battle with a D.C.A so i thought i'd start this thread to see if anyone has any personal experiences or/and idea's on dealing with them
apart from the ignorance or explicit verbal intercourse route ;)
 
AccyChris said:
With more an more folk finding everyday life getting harder and more expensive they can soon find thereself's in a battle with a D.C.A so i thought i'd start this thread to see if anyone has any personal experiences or/and idea's on dealing with them
apart from the ignorance or explicit verbal intercourse route ;)
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Have you any personal experiences?
 
Yep - I had a recent one from when I closed the studio. They'd bought a "debt" from BT which they tried to chase. Turns out BT had extended my contract by five years when I'd actually asked them to cancel it. The DCA were chasing five years worth of line rental.

As it was all done over the phone, there was no signature, so I asked BT to supply their recording of the call. Obviously, they couldn't (or they could, and it proved that they'd made a mistake).

Related all this to the DCA (a company called Leeds Consultancy Services) and they were perfectly reasonable and helpful.
 
The easy, flip answer is not to get into debt in the first place, but that isn't very helpful advice to anyone finding themselves in debt.

The last thing you should do is bury your head in the sand and hope they will go away, because they won't. The debts will continue to grow and getting out of the mire is harder in the long run.

First tactic should be to try and work with them. Tell them the extent of your problems, and how much you can afford to pay them. If they are reasonable, they will accept an arrangement that you can live with. It will stop them hassling you, and gives you breathing space in the long term. You have to keep to any arrangement made, or they will be back knocking on your door.

If they aren't prepared to play ball, or if you are in it too deep to make individual arrangements with different creditors, you need further advice. Get some debt counselling (the Citizens Advice Bureau was always good for this). The law is surprisingly helpful to people deep in debt, and you can make a voluntary arrangement with the County Court that will render your creditors powerless to hassle you.

Good luck!
 
What I find confusing about debt are the adverts on television, sign up with us first 30 days free, we'll show you how to improve your credit rating.

If I can't get credit it's because I've borrowed too much, I certainly wouldn't want to find a way to improve my chances of getting into further debt.
 
Less said:
What I find confusing about debt are the adverts on television, sign up with us first 30 days free, we'll show you how to improve your credit rating.

If I can't get credit it's because I've borrowed too much, I certainly wouldn't want to find a way to improve my chances of getting into further debt.
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It don't always work like that Less, i was asked in Burtons a few yrs ago if i wanted a store card n then when they checked was refused cos i never had a credit rating, I said thats cos i never owed any money, n was livid. Had used em fer years fer me trolleys n such, have never been in since.:(
 
Its hardy surprising people get into debt when you see all these quick fix borrowing short term loads, the money will be in your account within 15 minutes, they are supposed to check out you ability to be able to pay the money back, by law, how they can do that in 15 minutes is beyond me, and with interest rates in some cases over 2000% apr, its tailor made to get you into debt
 
gynn said:
The easy, flip answer is not to get into debt in the first place, but that isn't very helpful advice to anyone finding themselves in debt.

The last thing you should do is bury your head in the sand and hope they will go away, because they won't. The debts will continue to grow and getting out of the mire is harder in the long run.

First tactic should be to try and work with them. Tell them the extent of your problems, and how much you can afford to pay them. If they are reasonable, they will accept an arrangement that you can live with. It will stop them hassling you, and gives you breathing space in the long term. You have to keep to any arrangement made, or they will be back knocking on your door.

If they aren't prepared to play ball, or if you are in it too deep to make individual arrangements with different creditors, you need further advice. Get some debt counselling (the Citizens Advice Bureau was always good for this). The law is surprisingly helpful to people deep in debt, and you can make a voluntary arrangement with the County Court that will render your creditors powerless to hassle you.

Good luck!
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Just a few things about your post glynn only my opinon of course

[1]"First tactic should be to try and work with them"...... NEVER MATE
[2]Tell them the extent of your problems, and how much you can afford to pay them.......... you probably cant afford to pay them anything since your in debt. but besides that you shouldnt pay them anything since you've no contract with them(3rd party).you could thank them since they paid your debt lol ;)
[3]Get some debt counselling (the Citizens Advice Bureau was always good for this). The law is surprisingly helpful to people deep in debt,,,, debt counselling??? that place you speak of is never open ive been a few times an its been open once lol as for the law being"surprisingly helpful to people deep in debt"
if by that you mean the fact they reg work in hand with the DCA to shaft every penny out of you then your correct ;)....peace
 
Less said:
What I find confusing about debt are the adverts on television, sign up with us first 30 days free, we'll show you how to improve your credit rating.

If I can't get credit it's because I've borrowed too much, I certainly wouldn't want to find a way to improve my chances of getting into further debt.
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like jaysay says its tailor made to get you in debt...these agencies have no right to bully property and demand any payments...jokers ;)
 
Studio25 said:
Yep - I had a recent one from when I closed the studio. They'd bought a "debt" from BT which they tried to chase. Turns out BT had extended my contract by five years when I'd actually asked them to cancel it. The DCA were chasing five years worth of line rental.

As it was all done over the phone, there was no signature, so I asked BT to supply their recording of the call. Obviously, they couldn't (or they could, and it proved that they'd made a mistake).

Related all this to the DCA (a company called Leeds Consultancy Services) and they were perfectly reasonable and helpful.
Click to expand...

goodman.....nice outcome ;)
 
AccyChris said:
i just want a genuine thread mate..... no harshness....i'm not the enemy lol ;)
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There was a program on last week or it was on the news it said Debt Collection at the moment is the biggest business earner in the UK!

I think it's 8 years is the limit for a debt so if you have any old debts beware of answering letters sent to you by a debt company who bought a debt. If it's over I think 8 years then they can't do anything about it, unless there is any correspondence from you about this!

What they do is send you letters to try and catch you out - don't reply, if you do they can make you pay it by law!
 
kestrelx said:
There was a program on last week or it was on the news it said Debt Collection at the moment is the biggest business earner in the UK!

I think it's 8 years is the limit for a debt so if you have any old debts beware of answering letters sent to you by a debt company who bought a debt. If it's over I think 8 years then they can't do anything about it, unless there is any correspondence from you about this!

What they do is send you letters to try and catch you out - don't reply, if you do they can make you pay it by law!
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:eek::eek::eek: "they can make you pay it by law" :eek::eek::eek: lol

not sure on that1 kes ;)
I agree debt Collection is 1 of if not the biggest business earner in the UK but by law the dirty bleeps have no rights to do 90% of the things they get away with lol ;)
 
NOTICE: QUESTION TO EVERY MEMBER:

If someone is in ‘debt’, and someone else comes to the rescue - and pays off the debt[i.e the DCA] - what is the situation?
 
AccyChris said:
:eek::eek::eek: "they can make you pay it by law" :eek::eek::eek: lol

not sure on that1 kes ;)
I agree debt Collection is 1 of if not the biggest business earner in the UK but by law the dirty bleeps have no rights to do 90% of the things they get away with lol ;)
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They can't because it happened to me - I started getting letters for a debt from over 10 years. I phoned a debt advice agency and they said "Don't reply because over 10 years they can't make you pay if there has been no correspondence about the debt in that time. They said if you reply then the debt company who bought the debt have leverage to demand payment." I ignored it and the letters stopped.:alright:
 
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cashman said:
It don't always work like that Less, i was asked in Burtons a few yrs ago if i wanted a store card n then when they checked was refused cos i never had a credit rating, I said thats cos i never owed any money, n was livid. Had used em fer years fer me trolleys n such, have never been in since.:(
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I had that problem too ... weird, eh ... they are turning away a customer who is about 100% likely to pay his bills, and then they offer credit to guys who are up to their asses in debt, making minimum payments on their credit cards just to keep their heads above the liquid manure they are in. I suppose I should go to my bank (I'm a good socialist; so, my bank is the Kingston Community Credit Union;)) and borrow a couple of thousand, pay it off, and then I'll have a credit rating .... nah, I don't think I'll go through that bs. My grandad said "never buy owt on t'never never" ... He used to walk around with a wad of those old five pound notes, and if he saw something he wanted, he bought it. If he was short a few quid, he didn't buy it.
 
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