"selling" debt after bankruptcy

fudge59

Got a letter today saying that one of my creditors (Barclaycard) has sold my debt to another company (MAX something, letter was from Eversheds) - I know selling of debts is quite common before you go BR, but was curious as to if this is common after BR

diablobear

Yep had that happen to me after BR with Max Recovery (Eversheds) with my Barclaycard & my Barclays loan, and I think I've read it's happened to others here too.
Did it say, that they are aware of your BR, blah blah blah and you do not have to do anything else blah blah blah????
If so it was the same as mine, all I did was ..... nothing else!!!, didn't even bother acknowledging it.

I may be wrong but I think they purchase your debt for peanuts and if your circumstances change for the better during your BR, then they get a slice of the pie. If the OR decides to share it out amongst your creditors!! After your discharge you will probably need to contact them if you decide to clean up your credit files as they will probably leave something on there relating to the debt.

HTH

tigerfeet2006

Ooooh! yes. I have to say from being on several boards that Barclays comes up quite often. Just forward the letter to the OR and if you are feeling nice ring them up or write a letter giving your BR details.