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Threatening letter from insurance company

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13

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  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    facade wrote: »
    Because someone has to pay the debt collectors, so they add their fees to the debt.

    Yes I know the original debt to recover is zero. It will make amusing reading in the local paper, and no doubt Dom or Watchdog would make 10 minutes of TV from it, but these things are computer generated, and are part of a machine that will just grind on without human intervention.

    The correct course of action is to contact the company and get it sorted out. Leave the amusing replies and runarounds for someone else, who doesn't mind a bad credit rating, and bailiffs crawling over their property. ;)

    Why should someone pay for a phonecall or stamp to tell a debt collection company to stop chasing them for a non-existant debt?
    Why are we here?......................because we are not all there.
  • Nodding_Donkey
    Nodding_Donkey Posts: 2,738 Forumite
    Ninth Anniversary 1,000 Posts
    Paradigm wrote: »
    Who told you that? Yes they can!

    Come on then, enlighten us.
  • Paradigm
    Paradigm Posts: 3,656 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Nodding_Donkey wrote: »
    Come on then, enlighten us.

    Suppose the Debt collection agency buy the debt?
    Always try to be at least half the person your dog thinks you are!
  • thenudeone
    thenudeone Posts: 4,462 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    .. and how much would they pay for a debt of £0.00?
    We need the earth for food, water, and shelter.
    The earth needs us for nothing.
    The earth does not belong to us.
    We belong to the Earth
  • Quentin
    Quentin Posts: 40,405 Forumite
    Paradigm wrote: »
    Suppose the Debt collection agency buy the debt?




    One scaremonger walks out and another walks in!


    Just ignore this one too!
  • Nodding_Donkey
    Nodding_Donkey Posts: 2,738 Forumite
    Ninth Anniversary 1,000 Posts
    Paradigm wrote: »
    Suppose the Debt collection agency buy the debt?

    Then they are the creditor not a debt collector.
  • Paradigm
    Paradigm Posts: 3,656 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Quentin wrote: »
    One scaremonger walks out and another walks in!


    Just ignore this one too!

    Just answering a question not related to the OP.....

    Read up^^^^
    Always try to be at least half the person your dog thinks you are!
  • Nodding_Donkey
    Nodding_Donkey Posts: 2,738 Forumite
    Ninth Anniversary 1,000 Posts
    thenudeone wrote: »
    .. and how much would they pay for a debt of £0.00?

    I suspect they would pay about 12.5%
  • Paradigm
    Paradigm Posts: 3,656 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Nodding_Donkey wrote: »
    Then they are the creditor not a debt collector.

    Can they then take you to court for the debt?
    Always try to be at least half the person your dog thinks you are!
  • Paradigm
    Paradigm Posts: 3,656 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 1 August 2014 at 8:47PM
    thenudeone wrote: »
    .. and how much would they pay for a debt of £0.00?

    That's the whole point....they wouldn't!

    See post #8
    Always try to be at least half the person your dog thinks you are!
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