Debt Collecting Agents
Gothia Debt Collecting Agents and
the Truth About Your Debt
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You must ensure you know whether or not the debt collecting agency
bought the debt themselves as a means of making a profit (as a debt
purchasing company) or whether they are doing debt recovery work on
behalf of a client such as a loan company (in which case they would
pocket a percentage of recovered funds). If they send you a letter of
assignment, as legally required if the account has been sold wholesale,
then you will know the debt collector owns the debt and therefore will
attempt to get as much out of you as he is able. When dealing with Gothia
debt collecting agents remember every penny they get is profit as they
purchased the debt outright for next to nothing. So they will try to
get you any way they possibly can.
Always insist on dealing with these debt collecting firms by letter.
Do not give them your telephone number unless you want more trouble.
The trouble is during the first call they make, when your defences are
down, they'll say that they are the bank or credit card company and
make you more obliged to comply with what they say. It is best for them
if you are unclear about who is doing what, so they like to create as
much confusion as possible: here is where Gothia debt collecting agents
will have the most devastating effect. Because when they get hold of
this information they will use it to pester you and even to harass you.
The law is there to stop this happening but most people just don't know
which laws to use and it is very clear the DCAs will use this to their
own advantage. Bodies such as the CCCS and the CAB are fantastic although
sometimes they can be overstretched and sometimes their advice does
not give you the whole picture.
So ask Gothia Debt Collecting Agents
for a copy of the original contract when you took out your loan or credit
To find out if you
qualify for an IVA or can benefit from a debt management programme,
try the IVA
Test. It's free to apply, and again you are protected by the consumer
laws regarding debt management at all stages. Click
here to go to the application form.
Data On Gothia Debt Collecting Agents
you have any information that you would like honest people to know
about Gothia Debt Collecting Agents then send us an email in complete confidence and
we will try to corroborate it with the clowns involved.
Gothia Debt Collecting Agents website is part of DPC Registry website
group. All rights reserved.