The amount that the Debt Company are chasing me for is around £8k.
Since it has been over 4 years since I left the U.K I cannot apply for a Bankrupt order.
What is the best way to deal with the Debt Company, I was woundering ....
Do they now own the Debt or are they just a agent for Lloyds.
Could I offer them a reduced settlement figure ( from reading this site I understand they buy them them for next to nothing). Would they accept this or what would they expect me to do e.g a monthly repayment. as they have no real ways of coming after me here in ireland
If I cleared this debt what are the chances of the flood gates opening and the rest of the Creditors coming after me.
just tyring to access my options