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Debt recovery agencies

HSBChell
HSBChell Posts: 15 Forumite
in Debt-free wannabe
Are they regulated?

I owe ebay £96 - but had a company iQOR send me a letter detailing I must pay the full amount in 3 days or they will start court proceedings

I cant find £96 straight away and they were quite pushy on the phone. What can I do?

Comments

  • immoral_angeluk
    immoral_angeluk Posts: 24,506 Forumite
    10,000 Posts Combo Breaker
    You just need to sort out a payment arrangement with them. That would more than likely include putting together a financial statement and working out what you can afford. There's a sticky for first time posters at the top of the board which has details on how to complete a financial statement to send to them.
    Total 'Failed Business' Debt £29,043
    Que sera, sera. <3
  • HSBChell
    HSBChell Posts: 15 Forumite
    Im new to the site and at the risk of sounding extremly stupid - where abouts exactly?

    I really appreciate your reply on this - this site is a really welcome releif!!!

    Thank you
  • DarkConvict
    DarkConvict Posts: 6,347 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    There you go - http://forums.moneysavingexpert.com/showthread.html?t=107280 You want to create an SOA.

    An alternative type - http://www.nationaldebtline.co.uk/england_wales/pdf/self_help_pack/workingout_pbs.pdf

    Compared to some forums, this one isn't too bad to navigate :)
    Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.

    There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies
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