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
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.