istcredit debt collection agency

[bank manager]

I have been hounded relentlessly by 1st credit debt collection agency whos only approach to a debt is pay up or court action or bankrupcy will be issued they have not taken into account basic living expenses of me and my dependant child when demanading a repayment plan be put in place, circumstance of the debt arise from divorce in which i am awaiting financial sttlement which they have evidence of can they get away with this ?

[CAJ1]

They cannot threaten you. If you go to your local Citizens Advice Bureau they will speak to the company for you and sort out an affordable re-payment. I think a lot of these companies work by trying to threaten you, don't worry

[bank manager]

thanks for reply they said that as i own a property and work they can do that so not sure if citerzens advice would still help as i no if i was on benefits and in rented accomadation they would

[CAJ1]

I think CAB help anyone. The debt company would have to take you to court if they wanted to send baliffs round or issue bankruptcy. I'm not sure, but I think the court send you out papers to complete showing your income and outgoings and they decide how much you should pay from that (don't take my word for it though!).

[Sammy Snake]

You need to agree a repayment plan with them, you can't just hope that they will go away because they won't.

Send them details of your income and expenditure and offer them an amount that you can afford to pay each month. Then if they do take you to court, the judge is less likely to make you banckrupt as he will be able to see that you have been making attempts to pay.

Don't ignore them and do nothing, you could end up with a CCJ against your name or at the worst, they could petition to make you bankrupt (you don't say how much the debt is).

CAB can help anyone, it doesn't matter that you own a house and have a job.

[cyrilbiker2]

CAJ1 is correct the court send out forms including one to list all incoming receipts and outgoing living expenses. The County Courts tend to err on the side of defendents who offer a sensible monthly repayment relative to surplus cash. The CAB will asist you with forms.

Cyrilbiker

[marwel7]

At the start of the call inform them that you are taping the call.This should moderate the way that talk to you.You will still need to get debt advice,and I would recommend CCCS.