Dealing with debt recovery companies can be a daunting experience, but it doesn't have to be. In this video from Leo at Parking Mate UK, you'll learn everything you need to know about how to handle debt recovery companies with ease.
Leo starts off by explaining the goal of debt recovery companies - to charge an extra fee of 60-70% on top of the original debt. He then goes on to assure viewers that these fees are not enforceable, meaning you can simply ignore these letters.
Leo goes on to break down the process of dealing with debt recovery companies, from receiving a demand for payment to the possibility of a court claim. He emphasizes the fact that a debt recovery company cannot issue a ccj (county court judgment) without giving you a chance to defend the case. This is a crucial piece of knowledge that can help alleviate any fears or worries about receiving a court claim.
But don't fear defending a court claim - it's actually a simple process that only involves submitting a defense, an N180 form, and a witness statement. Leo expertly breaks down each step and also touches on an upcoming change in the court process that can make defending a court claim even easier.
If you're facing debt recovery letters or worried about the possibility of a court claim, this video is a must-watch. With Leo's expert advice and guidance, you can confidently handle debt recovery companies and save yourself a significant amount of money. Don't let these companies stress you out any longer - educate yourself and take back control with Leo's helpful tips.
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