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DUBAI International Debt Recovery in UK


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Good afternoon everyone.

                                             I was recently made unemployed overnight by my Company in the UAE due to the economic downturn.

I had to leave the country as I had a £50,000 debt which I was unable to pay, we also left most of our posessions.

 

I am presently unemployed and I'm renting a house in the UK as I do not own one.

I have received a a letter from a company called International Debt Recovery based in Cheltenham acting as debt recovery agents for the Bank in the UAE I owe money to. They have given me a week to reply to them.

I have no money to repay the debt, all of my savings and redundancy have been spent this past few months just to live.

 

I would appreciate any advice how to proceed during these stressful times.

 

Thank You

 

Bad Horsey

 

 

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Thread moved to the appropriate forum ...please continue to post here to your thread.

 

Regards

Andy

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not a lot they can do to you.

a dca is not the original creditor.

 

read a few threads in this forum you've been moved too

you'll soon get the idea

 

dx

 

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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A few options 

1. Ignore and see how they respond

 2. Contact the bank and negotiate direct a repayment plan

 

 

Also the people you got the letter from monitor this site so please be mindful when posting personal details is my advice 

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