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T O P I C R E V I E W
bill
Posted - 08 June 2009 : 22:25:13 Hi, are collection agencies allowed to add more interest even if you have told the original creditor that you have no assets etc and have provided a statement of means (or do you need to send that statement of means to every agency, when she keep selling the debt on?). Many thanks Bill
4 L A T E S T R E P L I E S (Newest First)
bill
Posted - 09 June 2009 : 11:08:01 cool, thanks again Bill
Niobe
Posted - 09 June 2009 : 08:43:19 I have to say that the DMP I did all my creditors froze interest and charges from day one.
I know of a few other people who have also had them frozen.
The glimmer gets brighter all the time
Jan xx
gettingoutofdebt
Posted - 09 June 2009 : 08:18:13 Creditors can continue to add interest until you are declared BR or enter into an IVA. In a DMP creditors are requested to freeze the interest but this very rarely happens.
Niobe
Posted - 08 June 2009 : 22:50:28 I believe that until you declare BR or enter into another financial arrangement such as an IVA or DMP, they can add interest and charges.
