Up to date information regarding credit and debt issues.

Moderators: TalbotWoods, JaneClack

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By TalbotWoods
#423013 We have been made aware that there has been an observed steep increase number of issued Statutory Demands from Lowells being converted into full bankruptcies.

We are very keen to remind people that if a Statutory Demand is received from Lowells, please do not ignore it.

Please seek advice as soon as possible, especially if you own property.

Recent cases include:

    Where two debts were bundled together, one for £550 for a phone bill that they were actively chasing, and the other for £300 for a utility that they didn't chase.

    Where a Statutory Demand was issued several months ago and assurances had been received over the phone that it was not going to be processed. Following the issue of the Statutory Demand and the phone call, the next the debtor knew was the notification from the Official Receiver.

    Where a person had moved and then were presented with a bankruptcy notification, the Statutory Demand had been served at the previous address. Lowells were aware of the new address, but made a mistake.

These are just three of the many we are hearing about, please if you receive a Statutory Demand from Lowells for ANY debt please seek URGENT advice from one of the following organisations:

    PayPlan: Is a national organisation with approaching 20 years of experience in dealing with all kinds of financial situations, no matter how bad they are. Their advice and help starts with a simple phone call to 0800 280 2816

    NDL: Is an organisation that advises you on solutions that are available to you, you can contact them on 0808 808 4000

    StepChange (formerly CCCS) Is an organisation that advises you on available solutions with your financial problems. You can contact them on 0800 138 1111

Remember the advice from the above organisations is FREE and CONFIDENTIAL