What's the Minimum payment (eg £1?) you can you give a Debt company (Intrum UK finance limited)

Galeeno

When you owe a debt to a debt collection company,

(Intrum UK finance limited)

what is the minimum monthly payment you can give them to them a month if you cannot afford to give alot?

£1?

1) if you give £1 can they reject it?

2) If you set up £1 a month by direct debit (with your ref number), and you pay it monthly, are they obliged to accept this as your payment ?

3) if you do 2) Without any communication with them, and just
set up the £1 Direct debit, with the REF, then what could be the worse case scenario ? they reject, and keep sending you reminder letters?

Carrot007

Galeeno wrote: »

what is the minimum monthly payment you can give them to them a month if you cannot afford to give alot?

Whatever agreement you and them come up with. if it is low expect them to want evidence you cannot afford more.

Galeeno wrote: »

1) if you give £1 can they reject it?

Yes.




[QUOTE=Galeeno;753957332) If you set up £1 a month by direct debit (with your ref number), and you pay it monthly, are they obliged to accept this as your payment ?[/QUOTE]


DD to where, you need more than a reference. And even if you get it right, no they do not have to accept it as payment. They coiuld send it back but are unlikely to and will accept it a a payment but not an agreed payment.




[QUOTE=Galeeno;753957333) if you do 2) Without any communication with them, and just
set up the £1 Direct debit, with the REF, then what could be the worse case scenario ? they reject, and keep sending you reminder letters?[/QUOTE]


They do not get the money? The less communication the more they are likely to do somehting. However you have not provided enough detail to know where it is at. CCJ is the likely worst outcome but it depends on a lot.

Galeeno

Carrot007 wrote: »

However you have not provided enough detail to know where it is at. CCJ is the likely worst outcome but it depends on a lot.

It is a credit card debt,

Court warrant of (from a country court) has been sent,

"notice to visit by bailiff" with a bailiff visit.

There debt is now with Intrum UK finance limited