Why does a DCA want to know how much my partner earns?

AngryDog

I've read that I do not have to provide a DCA with my SOA, is this right? What are the implications of doing this?

Tixy

You don't have to provide a debt collector with a statement of affairs.

Equally they don't have to accept a proposed repayment plan or full & final offer.

If they really think someone is not offering as much as they can afford then there is an increased chance that they may decide to take court action against the debtor (assuming they have the paperwork for the debt and it stacks up).
But they'll weight that up compared to the cost of doing so, the size of the debt, the likelihood the court will order higher repayments and how much quicker they would end up getting paid etc.

sourcrates

rizla_king wrote: »

Dear DCA,

In reply to your request for my partner to disclose their income to you, their considered reply to that request is.

"Mind your own ****in business!"

Kind regards.[/QUOTE




:rotfl::rotfl::rotfl::rotfl::rotfl:


Oh that made me laugh Rizla lol !!!!!

AngryDog

Thanks Tixy. I'm going to be requesting the CCA's for my debts tomorrow so then I'll decide what to do after I receive them back, if I do.

I assume creditors do not like you having spare money at the end of the month, as they would then want it? As long as you, the debtor, have enough to live on, any kind of social life etc should be foregone until the debt is paid?

happy_bunny_2

Request the CCAs, see what cones back. If they write to you, just tell them that you will be considering payment options once they fulfil your request.

If unsure what they send you by way if a CCA, post back and we can try and help.

Don't fill out a SOA, unless it shows you can't Pay anything. Even then, they can't make you.

glentoran99

Quite simply dont tell them, Its nothing to do with them if the debt is solely in your name