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ARC Europe

One of my debts has been passed on to ARC Europe, but they do not own the debt. I have set up a monthly standing order, but I have been asked to complete a financial statement. Do I need to do this? 

Many thanks 

Comments

  • One of my debts has been passed on to ARC Europe, but they do not own the debt. I have set up a monthly standing order, but I have been asked to complete a financial statement. Do I need to do this? 

    Many thanks 
    No you don't they have 2 choices with your payment accept it or you stop paying them, what do you think they will do?
    If you go down to the woods today you better not go alone.
  • Rob5342
    Rob5342 Posts: 2,433 Forumite
    1,000 Posts Third Anniversary Name Dropper
    edited 12 November 2024 at 2:20PM
    You dont have to, but sometimes it can be easier to spend a few minutes doing one to keep them off your back. It doesn't have to be true, just something to keep them quiet. Start with the figure you want to pay them and work backwards to create a budget that fits. 
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