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Dirty debt collectors and their tricks

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Typically what happens is this.  You owe Acme bank for a loan, credit card or car finance on which you defaulted.  You defaulted not because you were feckless but because of a change of circumstances.  You lost your job, or got sick or injured.  You are a responsible person who likes to pay your debts.  So you joined a Debt Management Plan which means that all the spare cash you have got, after essentials, is divided out between your creditors.

The problem with getting into debt is that even when you get back on an even keel, such as finding another job, you have got behind.  You have continued to pay into the plan.  But now Acme bank has got tired of waiting and has sold on your debt to Dirty Debt Collectors.

The first you know is that you get an aggressive letter from Dirty Debt demanding that you pay the full balance.  Now Dirty Debt had bought your debt from Acme (along with thousands of others) for literally pence in the pound.  You may have paid back, say £500 out of a £1,500 bank loan, and now think you owe £1,000.  Wrong!  In many cases Dirty Debt will ignore what you have already paid and try to collect more than what is "owing".  This is because they add their own charges on.

A rolled up 10 note these companies operate, quite literally, on the fringes of the law

Many of these companies operate, quite literally, on the fringes of the law.  They buy up debts which are "statute barred" and still try to collect on them.  Statute barred means that the debt is more than 6 years old during which the debtor has had no contact with the original client.  The debt cannot then be enforced in court.  However companies like Dirty Debt do not hesitate to send threatening and aggressive letters attempting to collect on such "old" debts.

Other underhand (and illegal) tricks they will try are trawling the Credit Reference Agencies to find the name and address of anyone who is paying into a Debt Management Plan.  They will then send aggressive letters to attempt to collect on debts which the debtor has either paid off or is paying to another company.  So it is possible for a hapless debtor to be paying the same debt to more than one company if they don't keep tabs.

Another dirty trick is to send out letters to someone with a similar name living in the same town as a debtor, or someone living at the same address.  These companies also send out letters to neighbours or addressed to "the occupier" asking them to phone Rick or Carol.  They will then attempt to gain information about whether a debtor is still living at the address or their current whereabouts if they have left.

In reality companies like Dirty Debt have very little power.  They cannot come into your home and take your goods, your wages, or make you bankrupt.  To do these things they need a court order.  If they threaten you with court action you can challenge them to "prove the debt" which means that they have to provide certain documents regulated by the Consumer Credit Act.  They will need to produce these documents if they take you to court.  The problem is that Dirty Debt and companies like them very seldom have the required documents.  They have to return to the original creditor to obtain them.  And when the original creditor sold on the debt they often disposed of the original documents.

There are ways to challenge these ripoff merchants.  Join the Consumer Action Group and find out how to fight back.

By: elrond


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not in the money!

not in the money!

What's the matter MikeP? Can't think of an actual reason? I can see how it's possible to have some knowledge, gained from the experience of others maybe or perhaps reading articles etc, however not such entrenched and one sided views as yours. Ultimately you have done what you always do when you cannot think of a reasonable argument - resorted to personal insults. And what level would that be? I'm not the one throwing insults and barbed comments about here......... I asked a reasonable question.
not in the money!
19th Jan 11 21:31

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Boblet

Boblet

MikeP just so that I can give your rantings & somwhat misguided opinions a worthy position in my pecking order of people. On a scale of 1 for idiot & 10 for self opinionated twit were do concider you come?
Boblet
19th Jan 11 15:35

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MikeP

MikeP

That's an idiotic comment. I can think of many retorts but to be honest I'd rather not come down to your level. If you can't see why it's possible to know about something without first hand experience then I feel desperately sorry for you.
MikeP
19th Jan 11 13:12

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not in the money!

not in the money!

MikeP, just a thought - if you are part of the 'higher order' and have never had dealings with a debt collector or had need to, what actually qualifies you to comment with such authority? Apart from the ill guided notion that you know everything that is? :-)
not in the money!
19th Jan 11 11:37

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MikeP

MikeP

" Is there something wrong in being mixed race? Why do you assume that a mixed race child is a brat?"
Purely in the context in which I used the term, there is a lot wrong with it and they are brats.

"Do you have any understanding of how insulting the term "half caste" is?
Yes, and it was intended to be insulting, again, due to the context. All it is is the old term for what people like you now call mixed race. Same thing, different name.

"Finally, as someone who prides himself on his English skills, you may wish to learn how to spell half caste. It has an "e" at the end."
Thank you, you are correct. I do know how to spell half caste, it was a careless mistake, I hesitated over it for a second and pressed entre before correcting.
MikeP
18th Jan 11 20:37

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Oliver

Oliver

Mike P, "council house chavs in sink estates who sit on their bloated backsides watching daytime TV and producing HALFCAST BRATS every 10 months"

Is there something wrong in being mixed race? Why do you assume that a mixed race child is a brat?

Do you have any understanding of how insulting the term "half caste" is? Don't give me the usual trite rubbish about "political correctness" as it just what is trotted out by bigots and ill mannered louts when they have no genuine explanations.

Finally, as someone who prides himself on his English skills, you may wish to learn how to spell half caste. It has an "e" at the end.
Oliver
18th Jan 11 20:00

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not in the money!

not in the money!

Oh yes MikeP, I can see the subtle difference, despite being of the lower orders. However perhaps if you lower your nose and actually look at my post you will see that I addressed to the post to you and Big D. Who referred to people who have debts as scumbag Britain.
I totally agree that people who take credit out and hide and avoid payment are the root of the problem, however not everyone who has dealings with debt collectors is like that and THAT is my point. And no matter what you say you have labelled all people who deal with debt collectors as "the detritus of society", a sweeping statement that heads your post. Get your head out of the clouds MikeP life isn't all black and white.
not in the money!
18th Jan 11 12:57

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MikeP

MikeP

May I just correct a couple of points which some of you have missed. I did not say that people who get into debt are scum. I said: " People who get themselves into debt consistently and then expect those debts to be written off are scum." Maybe at least the brighter amongst you can see the 'subtle' difference

I don't read the Guardian, it's a Pinko rag, on a par with the average student magazine in terms of its politics.

Of course people who live in wealthy areas have debt, but it is usually properly managed and repaid on term. I'm talking about council house chavs in sink estates who sit on their bloated backsides watching daytime TV and producing halfcast brats every 10 months, live on benefits, have debts everywhere, and no intention of repaying them because they duck and dive. That is why debt collectors are sent in and resort to underhand methods. I have no sympathy for their victims.
MikeP
18th Jan 11 08:36

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Carrot

Carrot

Gainsborough Lad, I read whatever interests me online, I don't limit myself to only one paper. Most of them cover the same news anyway, just in a different way. I don't really care for the celebrity obsession in the Mail though.

As someone who comes from generations of hard working, decent manual workers I get a bit p*ssed off when someone looks down on what they like to think are people who are beneath them. A hard working honest person is beneath no one.
Carrot
17th Jan 11 23:50

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not in the money!

not in the money!

MikeP if YOU learn to read the sentence and comprehend you will see that the post is addressed not just to yourself, so the old adage about people in glass houses and stones springs to mind! And just where would the 'higher orders' be without the lower orders? Hmmm? Who would serve in the shops? Empty the bins? Care for the children of the high flyers? Care for the elderly relatives of the higher orders? Unfortunately these jobs are essential to life, and someone has to do them, and as they are undervalued by society they are low paid with no perks. I am not un-educated, I am not the detritus of society, without the so called lower orders the so called higher orders would be caring for their own kids, doing their own housework and caring for their own elderly relatives - not a lot of time to do the high power job that makes you part of the upper order. For us lowly members of society there are times when we cannot earn due to us or a member of our family being ill, or for other reasons totally beyond our control. Us lower orders do not get the perks with our jobs that the sainted upper orders do, it is just part of life and I accept that. What I do not accept is being labelled as less than another person for it.
not in the money!
17th Jan 11 21:31

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Boblet

Boblet

Mike P you seem to be labouring under a mishaprehension again (you do seem prone to this) read the text man. I didn't say that I accepted the offer of a loan, I wondered how to go about stopping Bradford parking office from furnishing Provident with the details of people, the likes of me who owe them parking fines, in order that they may tempt them into a loan that they may or may not need.
Boblet
17th Jan 11 21:16

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Boblet

Boblet

MikeP Here you go again, leading with your tongue. I recieved a parking ticket in Bradford & ever since I have had loan offers from a Bradford company,"Provident" I do not live in Bradford indeed I do not live in Yorkshire at all. You seem to know everything, how do I prevent such companies joining forces with public bodies from tempting the likes of me onto the debt mill?
Boblet
17th Jan 11 19:12

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MikeP

MikeP

Debt collectors are vermin preying on the detritus of society. There you are, I've said it again and I don't care who it offends.

People who run up debts, and I appreciate that this can happen amongst the lower orders of society, usually compound their financial ineptitude by trying to hide away and refusing to answer calls and letters. It is at this point that debt collectors are called in, rather like vultures to clean up carrion.

People who run up debts and face their responsilibities in a mature way do not normally get handed over to debt collection agencies.
MikeP
17th Jan 11 18:21

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not in the money!

not in the money!

Well excuse me MikeP and big D!!!!!! I DID not run up debts NOR refuse to pay them! I was happy to pay them - I wanted to clear it, but you think that the fact my child was in hospital receiving treatment for an illness thus meaning I could not work and earn is justification to threaten me with being arrested, having said child taken into care and taking everything I own? If they had gone down the proper channels then I would not have had cause for complaint. I would have quietly paid my dues and got on with it. There are some genuine people who do get into a mess financially because of other circumstances you know! We don't all go out and run up thousands of pounds worth of debt and then hide and refuse to pay it! How dare you make such sweeping generalisations? I don't think that all debt collectors are bad - this was my only experience of them. However to be called scum is downright rude and incorrect - don't be so closed minded about everything!
not in the money!
17th Jan 11 17:54

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fed up of police corruption

fed up of police corruption

The rise in tuition fees means that if anyone is in debt by over a certain amount then they automatically get investigated under RIPA. So if you can, pay for your tuition fees yourself or if you have young children then starting putting some money aside for their education to spare them from the corruption that is going to besiege their lives by RIPA agents.
fed up of police corruption
17th Jan 11 10:56

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