That you do owe the money if you get a letter saying you owe money on a debt you donвЂ™t recognise, or which you thought you had paid off, you need to challenge the creditor to prove.
Sometimes loan companies have just got the person that is wrong. This can be sometimes called a mis-trace.
This is just what the Financial Ombudsman states about mis-traces:
We would ask a financial obligation collector to deliver proof showing they are looking for payment through the correct individual. It could never be enough to say, for instance, that anyone gets the exact same title as the borrower or hirer, if not similar title and date of delivery. We’d search for some reason that is convincing connect the individual towards the financial obligation.
First consider whether you might owe this cash? In the event the title is James Lewis they could ‘ve got the incorrect individual; in case the title is Edith Chicken thatвЂ™s not as likely. If this indicates to become a financial obligation to Orange along with been with Vodafone the past fifteen years, it most likely is not yours etc.
You should definitely to deliver a confirm It! letter
It letter, check if any of the following circumstances applies before you send a Prove:
- in the event that page is addressed to some other person but has your target, these pages describes how to proceed. (NB this really is designed for once the page obviously is not if it has your maiden name or the name is slightly mis-spelled) for youвЂ“ not;
- do you know what your debt is which is old, a lot more than six years because you past made a payment to it, then you’ll need to speak with a professional debt consultant, not answer to the creditor. The full time restriction https://guaranteedinstallmentloans.com/ for recovering your debt could have go out, so that you need certainly to learn more about Statute-Barred financial obligation and talk to National Debtline;
- the page does not have any factual statements about your debt at all often financial obligation tracing companies send extremely obscure page, simply welcoming one to get in touch. Read more