Debt Managers Debt Collecting Agents

 

Registry of Debt Collectors

 

 

What To Do If You Get A Nasty Letter or Phone Call From:

Debt Managers Debt Collecting Agents

 

 

For full details of this debt collecting company and how to make use of this opportunity to better your situation, go to the home page of this website by clicking here, where all of this information is located. Thank you.

 

 

 

 

 

 

 

 

 

Debt Managers Debt Collecting Agents is a debt purchasing company listed in the website of the

 

 

 

 


Name: Debt Managers Debt Collecting Agents

Debt Managers Debt Collecting Agents and the Truth About Your Debt

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You may call into question the validity of the amount owed or indeed the existence of the debt itself by making a SAR as a reply to Debt Managers debt collecting agents. The owner of the debt (the bank or the DCA) is obliged to send you a true signed copy of the original credit agreement if the agreement was made before 6th of April 2007. When they fail to do this they are in violation of the Consumer Credit Act, and the debt is in dispute. As long as the alleged debt is in dispute they cannot make demands on you to pay it (if they do they are in further breach of the law) and they must not sell it on (which many do nevertheless at this stage). While this situation exists it cannot be enforced, even by a court of law. There is a series of pre-written letters available you can follow up with after this. If you want you can always get a lawyer to do this for you, due to the difficulty of the law at certain points. There are also quite a few paralegal firms who offer services in the field.

It is best to ensure that you know whether the debt collecting firm has purchased the account themselves (as a debt purchasing firm) or whether they are doing debt recovery work for a client such as a loan company or bank (where they would pocket a percentage of recovered money). If a letter of assignment is sent, which is legally required when the account has been sold wholesale, then you will know the collections firm is the actual owner of the account and will attempt to get as much money out of you as he possibly can. When dealing with Debt Managers debt collecting agents do remember that almost every penny they get is pure profit because they purchased the account for next to nothing. So they will try to get you any way they possibly can.

So ask Debt Managers Debt Collecting Agents for a copy of the original contract when you took out your loan or credit card.

 

 

 


More Data On Debt Managers Debt Collecting Agents

 

If you have any information that you would like honest people to know about Debt Managers Debt Collecting Agents then send us an email in complete confidence and we will try to corroborate it with the clowns involved.


 

 

 

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