Quizzes & Puzzles1 min ago
Debt Co Chasing
I posted this in business & fin, not getting many answers, would appreciate some advise. Hi. My house was repossessed 4yrs ago, and among other debts, I left behind a second charge which had been brought about by a debt co who had taken over a credit card debt of around £4k. They rarely bothered to chase me when I left. I didn’t go into hiding, I rent a house and pay taxes, council tax and I’m on the electoral register, so I would have thought I would be reasonably easy for them to trace me. I was self employed at the time of getting into these debts, and shortly after I began working for my previous employer. I didn’t at anytime inform any of my creditors who I worked for. Recently however, this particular debt co keep ringing my work number. When they finally got through to me directly, they insisted I confirm who I am, but I kept asking them how they got my number, but they refused to tell me. I didn’t necessarily confirm who I was, so they then said they were satisfied I was Mrs X, and hung up. Firstly, can anyone advise how they may have got my work information and secondly what they may do next.
I didn’t go bankrupt, as I didn’t have the money, and strangely enough, after the creditors sent letters for a while, they eventually stopped.
I didn’t go bankrupt, as I didn’t have the money, and strangely enough, after the creditors sent letters for a while, they eventually stopped.
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Well I'm puzzled how they get my place of work, I haven't supplied anyone with this info, and the only people IMO who hold it on record would be the tax office. My mortgage company traced me at my new address and I liase with them as per. So I'm unsure of why this company has persued me on my work line as opposed to writing. I'm worried they will apply for an attachment of earnings order without my knowing. They've not wrote to me in almost four yrs. Granted, I didn't notify them or any creditor of my new address but as I say, I'm on the electoral register so fairly easy for a company like this to trace I would have thought. I though Attachment of Earnings Orders were resigned to government agencies i.e. council tax/CSA/court fines etc.?
Your creditors may have used an agency to locate you or you may inadvertently have given the name of your previous employer (now current employer) in an application whatever the reason they appear to have located you.
If you have not notified your creditors of your change of address this may be considered to be evading your debt which is not commendable. The Limitation act 1980 may assist you if your creditors have not obtained a CCJ, received a payment, or you have not acknowledged the debt in writing, the position is that under the limitations act the lender has 12 years to take action for any secured capital sum and in most other cases 6 years, (subject to the above points) at the end of this time you still owe the money but the lender is probably statute barred from taking action. If your creditors know your full details they can apply to the court for an attachment of earnings under the 1971 act, your employer will have no option in paying this.
If you have not notified your creditors of your change of address this may be considered to be evading your debt which is not commendable. The Limitation act 1980 may assist you if your creditors have not obtained a CCJ, received a payment, or you have not acknowledged the debt in writing, the position is that under the limitations act the lender has 12 years to take action for any secured capital sum and in most other cases 6 years, (subject to the above points) at the end of this time you still owe the money but the lender is probably statute barred from taking action. If your creditors know your full details they can apply to the court for an attachment of earnings under the 1971 act, your employer will have no option in paying this.
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