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won't pay a company-so what can they do??

I refuse to pay a company (although a signed a contract with them) so what can they do to get their £2500 out of me??

Thanks for your help

Comments

  • Optimist
    Optimist Posts: 4,557 Forumite
    Part of the Furniture
    station wrote: »
    I refuse to pay a company (although a signed a contract with them) so what can they do to get their £2500 out of me??

    Thanks for your help

    Take you to court, send the bailiffs after you
    "The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts."

    Bertrand Russell. British author, mathematician, & philosopher (1872 - 1970)
  • Butlers1982
    Butlers1982 Posts: 3,286 Forumite
    Default your credit file, make it hard for you to get credit, apply for a CCJ, take you to court, send round the baliffs.

    They will make you an adverse payer and it will stay with your for atleast 7 years.
  • asea
    asea Posts: 1,398 Forumite
    why won't you pay?
    nothing to see here, move along...
  • Blacksheep1979
    Blacksheep1979 Posts: 4,224 Forumite
    1,000 Posts Combo Breaker
    Default your credit file, make it hard for you to get credit, apply for a CCJ, take you to court, send round the baliffs.

    They will make you an adverse payer and it will stay with your for atleast 7 years.

    Actually its for a max 6 years - but thats once the debt is settled.

    Yes they will default your credit record, go through the small claims court and get a ccj against you. They can then if you still refuse to pay send the bailiffs after you, get an attachment of earnings or have the debt attatched to your property (if you own a house) so that when you sell the first £2.5k will go to them. Also if it does go through the courts they are well within their rights to claim 8% (or the contractual rate if more) interest.
  • advent1122
    advent1122 Posts: 1,403 Forumite
    Then if all that fails they kneecap you.
    Seriously, if you have signed a contract and it is for such a large amount they WILL take you to court.
  • yeslek
    yeslek Posts: 1,442 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    care to shed a bit more light on the situation?
  • yeslek
    yeslek Posts: 1,442 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    what other thread?
  • Optimist
    Optimist Posts: 4,557 Forumite
    Part of the Furniture
    yeslek wrote: »
    what other thread?

    Click the word "other" in Al Macs post the link is there
    "The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts."

    Bertrand Russell. British author, mathematician, & philosopher (1872 - 1970)
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