Here is a debt collection letter from Moorcroft Debt Recovery Ltd
“We have been instructed by BRITISH TELECOMMUNICATIONS PLC
To collect your overdue debt of £188.59
Re: BROADBAND SUPPLY
To prevent legal action from being taken by external solicitors instructed to act on behalf of our
client it is essential that you settle this debt without delay. Payment should be submitted in full within 7 days or contact made with this office immediately, by telephone or letter, with your payment offer. Failure to contact us by 30/09/11 may result in legal proceedings being issued against you without further notice.
We would draw to your attention that if judgement and an order for repayment in full is octane and remained unpaid, the following enforcement options are available and may be considered by our client.
- Warrant of execution by bailiffs against goods owned.
- Application for attachment of earnings order with your present or future employer.
- Application for a charging order on your property you may owe or are purchasing under a mortgage. (Where the balance outstanding is of a sufficient level).
We would emphasise that should judgement be entered against you this may affect any future credit application you may make elsewhere. We would also draw to your attention that all legal costs incurred in this situation are usually payable by the debtor.
The above balance includes an administration cost of £37.72 which has been added to offset (some of) the costs incurred by our client. If you contact us by 30/09/11 we may be able to reduce the administration fee payable.
All payments must be made payable to ” Moorcroft Debt Recovery Ltd” and forwarded with this letter to the above address.“
If you are starting to get this type of letter from the creditor, then you really should act now! The longer that you leave it the worse the situation will get. Also be aware that what is a small debt now, can be much larger in the future!
Don’t leave it, do something NOW to sort your debts out. If you are needing time to think about the right debt solution for you, perhaps get yourself into a debt management plan. I would also seek out some free financial advice from the Citizens Advice.
Additional Debt Information
I would suggest that you fully read through the words from the Bankruptcy Association, which can be found on the Useful Information tab above.
In this particular case the person involved will be going into a debt management plan (DMP) as this is the best solution for them.