Recovery of credit card debts

[Andy008]

What are the chances of a debt recovery agency successfully recovering an unpaid balance from someone if they have moved house, and are not registered on the electoral roll anywhere, does anyone know what proportion of bad debts are ever recovered?

Thanks.

[Ethel]

With so many banks and credit card companies being affiliated it is relatively easy for them to find you.

And by your failing to notify the company of your change of address, you fall outside the statute of limitations, so they could take you to court in 8,10, 20 years time.

People who try to dodge their debts are really thieving.

[bednobs]

not only that, but you cant usually drop off the radar forever - for example are you going to do that for the rest of yur life? Are you ever going to claim a pension, or be on benefits? are you ever going to apply for credit? are you ever going to want t move home, or get a place of your own -if yes they will probably find you

[thetraveller]

just because you are not on the roll doesnt mean they cant find you, purchasing any of the following ensures that you will be found:

A Telephone
A Television
Sat. TV
Mobile Phone
Utility bill
Car Insurance

the list goes on and on, my best advise is, contact them when you can offer either a payment plan or an offer of full and final payment.

hope that helps