Abacus Daily Debt News

Archive for the ‘Legal Advice’ Category

Don’t confuse debt collectors with bailiffs.

Friday, September 5th, 2008

All a debt collector can do is ask you to pay money. They act on behalf of your creditors. They have no powers. (more…)

Save £1000s by making a Full and Final Settlement

Monday, September 10th, 2007

Offer Full and Final settlement payments if you have lump sum of money. Don’t just use it to pay of some of your debts without negotiating with your creditors first. (more…)

Avoid debts with the bank where your wages are paid.

Friday, September 7th, 2007

You should always avoid debts with your bank where you maintain your current account. This is because your bank can help themselves to money owed to them whether you can afford it or not. (more…)

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