Max Recovery

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united

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Post by united » Sat Oct 20, 2012 3:52 pm
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Hey,
Can anyone tell me if Max Recovery is the legal owner of my debts, it means that I do not have to pay the money I borough from different banks? My debts has been deleted? Or still Do I have to pay the money?
Please help me to understand!!
Thank you
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Niobe

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Post by Niobe » Sat Oct 20, 2012 3:56 pm
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Hi and welcome.

You still owe the money, its just the owner that has changed.


I'm afraid you have to keep paying.
Last edited by Niobe on Sat Oct 20, 2012 3:59 pm, edited 1 time in total.
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united

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Post by united » Sat Oct 20, 2012 4:04 pm
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Can you tell me what is happening if I don't pay? I am not in UK.
They don't know my address. Can they come after me if they'll find out where I live?
Thank you
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Sam Hawkins

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Post by Sam Hawkins » Sat Oct 20, 2012 4:13 pm
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Hi United, do you intend returning to the UK at any time ?

Max Recovery have bought the debt and they have the right to pursue you for payment, subject to certain legal restrictions.

I had a query this week from someone who owes money to a bank and they have moved. They wanted to avoid paying the bank and to run away from it forever. I have advised them to contact the bank or they will have this hanging over them forever.

Sam
Samantha Hawkins
Licensed Insolvency Practitioner
Hawkins and Company
http://www.hawkinsandcompany.co.uk
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Niobe

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Post by Niobe » Sat Oct 20, 2012 4:15 pm
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If you don't pay then they can try and find you. Are you in an IVA? Is there any reason why you don't want to pay and how much do you owe in total.
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Niobe

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Post by Niobe » Sat Oct 20, 2012 4:25 pm
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If they find your address then they can make you pay. You could start a fesh iva and clear your debts so this isn't hanging over your head.
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Niobe

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Post by Niobe » Sat Oct 20, 2012 4:36 pm
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No thank you.

If you put it down it will be deleted.
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Niobe

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Post by Niobe » Sat Oct 20, 2012 5:46 pm
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United - please don't delete posts after answers have been made as it makes the replies look stupid.
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Foggy

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Post by Foggy » Sat Oct 20, 2012 9:31 pm
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Come on Niobe -- admit it -- you have been talking to yourself :-)
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Niobe

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Post by Niobe » Sat Oct 20, 2012 9:37 pm
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Wish I had!

Not impressed when people put posts on, let replies be made and then delete the original one. Makes me look stupid (no comments please!!)
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Niobe

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Post by Niobe » Sat Oct 20, 2012 10:22 pm
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Must have been!!
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Niobe

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Post by Niobe » Sat Oct 20, 2012 10:25 pm
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Must have been!!
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