debt collection agency Archives

Is it possible not to pay back your debts by hiding your money from creditors?
Gallery
Is it possible not to pay back your debts by hiding your money from creditors?

Business Insolvency, Business Rescue

Is it possible not to pay back your debts by hiding your money from creditors?

Not paying back your debts is not an advisable course of action. However, if you decide to go down this route, it’s best to know where you stand and what your legal rights are. Most of the time, your debts will be chased down by a debt collection agency but sometimes, it is the creditor [...]

By Scott Rawlins|2023-03-24T12:06:15+01:00April 14th, 2021|Business Insolvency, Business Rescue|0 Comments

How can a person ever pay off their debt if … debt collectors buy each other’s debts?
Gallery
How can a person ever pay off their debt if … debt collectors buy each other’s debts?

Business Insolvency

How can a person ever pay off their debt if … debt collectors buy each other’s debts?

People often find that after a period of time, usually around six months, a company to whom they owe money will pass the debt over to a debt collection agency. Paying off debts is not always an easy task when much of the time you are only paying the interest. Debts that haven’t been paid [...]

By Scott Rawlins|2023-03-24T12:08:01+01:00February 17th, 2021|Business Insolvency|Comments Off