Hello.
As you can probably surmise this is my first time on this forum and after being bombarded by letter after letter it has come to the point of legal threats.
Long story short is around 4-5 years ago I was in a steady job, albeit minimum wage. Eventually come the point that payday loans had to be used and eventually got into a bit of a pickle. I was massively bereaved by the departure of my mother and this affected my attendance at work so inevitably once the redundancies came my bradford score was one of the worst, didn't have the money to go to a tribunal let alone pay off the mounting debts.
After getting back into work and back on my feet, the debt interest accompanied by my stubbornness has now lead to quick quid referring the debt to collectors and here is where we are today. £805.82 and a letter that threatens my debt increasing up to £1,000.28.
So basically I am now being threatened with court action, I know that morally it is within my best interests to pay the debt off but this is not financially viable at this point in time, as you can appreciate I am a bit of a novice in this area so any insight on this would be appreciative.
What are the chances of this actually going to court?, are these reasonable people or are they strictly out to get as much as they can out of me? What options do I have?
I have attached the letter for you to peruse.
Thanks for reading.
As you can probably surmise this is my first time on this forum and after being bombarded by letter after letter it has come to the point of legal threats.
Long story short is around 4-5 years ago I was in a steady job, albeit minimum wage. Eventually come the point that payday loans had to be used and eventually got into a bit of a pickle. I was massively bereaved by the departure of my mother and this affected my attendance at work so inevitably once the redundancies came my bradford score was one of the worst, didn't have the money to go to a tribunal let alone pay off the mounting debts.
After getting back into work and back on my feet, the debt interest accompanied by my stubbornness has now lead to quick quid referring the debt to collectors and here is where we are today. £805.82 and a letter that threatens my debt increasing up to £1,000.28.
So basically I am now being threatened with court action, I know that morally it is within my best interests to pay the debt off but this is not financially viable at this point in time, as you can appreciate I am a bit of a novice in this area so any insight on this would be appreciative.
What are the chances of this actually going to court?, are these reasonable people or are they strictly out to get as much as they can out of me? What options do I have?
I have attached the letter for you to peruse.
Thanks for reading.
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