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Old 21-11-2009, 15:06   #11
Zee
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Re: Debt Collection Agency

Quote:
Originally Posted by Mr Angry View Post
You should phone them up, record the call, ask them to confirm the repayment terms and then ask them to provide you with a copy of the deed of assignment which O2 gave them.
What does this deed of assignment say?

Quote:
Originally Posted by Kymmy View Post
Actually you've not got a good deal with them, they instead have a good deal with you..

The debt has already been written off and sold on (hence wescot have it) on a debt of £1195 they've probably paid between 5%-30% of that amount (probably nearer the lower end) and paid whoever the original debtor anywhere from £50 pounds upwards. So in the end after you've paid a couple of hundren pounds the debt collection agency is laughing all the way to the bank.

I'm not condoning debt here but if you are going to pay back debt at least do it to the original company and not someone making money on the fact that you havn't paid
If i had to pay O2, i would have had to pay the full balance of £1195 which i dont have at all. Im happy paying £260.
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