answersLogoWhite

0

If you are unable to pay your bills, you should notify your creditors and see if they will agree to forgive the amount. If you can't pay your bills because you don't have enough money or assets to sell, you can file for a Debt Relief Order or Bankruptcy Order.

User Avatar

alixa beth

Lvl 4
3y ago

What else can I help you with?

Related Questions

Is the national debt hotline only for Uk?

Yes. The national debt line is for the UK only.


When is a debt written off in the UK?

In the UK, debt is written off when the financial burden is simply too much for the person or company. Debts are also forgiven when a person is seriously ill or has passed away.


How to pay off a negotiating debt in UK?

If one runs into difficulty with too much debt to repay, most lenders will negotiate a lower level of payment. However, one needs to contact them to reach such an agreement. One can then pay off one's debts by agreeing levels of payment one can afford.


Under UK law should you pay a debt that has been written off by a company?

If the debt has been written off, it no longer exists and therefore does not need to be paid.


Where can one find a list of debt collectors in the UK?

There are sites online that advertise their debt collection business. Some of these Debt Collectors are UK Debt Collection, Debt Recovery UK, Debt Collect and Debt Recovery Plus.


Debt collection in the UK for Dubai bank is this possible after nine years?

In short YES, I am a debt lawyer here in the UK and it will be possible to prove you owe the debt and it can be sold on to a UK debt collection agency.


Does your credit card debt fall off after 7 years automatically?

No. If you wish to redeem the debt you need either to go bankrupt (legally) or enter into an arrangement to pay off the debt. If you livew in the UK go and see the Citizens Advice Center to help you with this.


When was UK Debt Management Office created?

UK Debt Management Office was created in 1998.


Can a debt incurred in the UK be collected in South Africa you need legal advice as an agency is after you and you are not in a position to pay this debt at the moment Should you contact the agency?

Yes it can ! Depending on how resilient the company is - they can chase you round the planet to recover their debt ! If necessary, they can even have you deported back to the UK to face a court of law ! Better to settle on an agreed repayment plan !


How can you get married to your Lithuanian girlfriend and work legally in UK?

If you are at present in the UK contact your local Citizens' Advice Bureau. From what you write there seem to be a number of irregularities in your status.


What is a debt consolidation loan company from the UK?

UK Debt Consolidation Services is one of the many companies in the UK which specializes in debt consolidations. They will help people consolidate their loans, often with a lower monthly payment.


What qualifications are needed to become a debt recovery agent in the UK?

None ! Debt recovery agencies simply 'buy' the debts from companies who are owed money - they then write to the customer or 'debtor' and tell them they will be taking steps to recover the debt. This can be either through the courts, or by doorstep collection.