Complaints Against Asset Recoveries

 

Registry of Debt Collectors

 

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What To Do If You Get A Nasty Letter or Phone Call From

Asset Recoveries

 

 

Asset Recoveries is a debt purchasing company or debt collecting company listed in the website of

 

 

 

DPC Registry is licenced by the Office of Fair Trading. Licence No. 633327 and are signatories of the Data Protection Act. Reg. No. Z1620707

 

Name: Asset Recoveries
Also Known As: ARUK
Address: 5 London Road, Southampton SO15 2AE
Telephone: 023 80630101 apparently
Fax: 023 80632633 apparently
Email: [user] @assetrecoveries.co.uk
Extra Data:

Asset Recoveries and the Truth About Your Debt

Many people like yourself have noticed with shock that these debt collecting firms will generally insist on speaking to you by phone. For some strange reason they always prefer to use the phone rather than communicate in writing. The reason is that they wouldn't be able to make the same threats on paper because they wouldn't wish to impeach themselves in writing.

Assuming that you are having to deal with Asset Recoveries then you can be reassured that a lot of the things that they are using to distress you are unlawful or have become so. These debt collecting companies appear under very little obligation, or so it might appear, to do anything to improve their conduct unless ordered to do so by the OFT (Office of Fair Trading) or similar body.

Certainly, it is true that some debt purchasing companies (DPCs) are worse than others. Some DCAs have a speciality in sending out speculative letters telling people that they owe money knowing full well that they owe nothing to anyone. This tactic seems to work well for the debt collection agencies for the reason that they are quite aware that a small percentage of scared people will give in to their threats although they know full well they have bo debts. The worst of these debt purchasing firms buy lists of debtor accounts which are more than six years old and try to profit from these. But this is illegal. These debts are classified as Statute Barred, and their recovery cannot be legally enforced.

Always insist on dealing with the DPCs by post. Never give out any phone numbers. The problem is at first they'll say they are calling from the bank or credit card company and make you feel more obliged to comply. They want you to be as unaware of the facts as possible, so they wish to create as much confusion as possible: here Asset Recoveries will have the best result for them. As soon as they get hold of your details they will use it to worry you, even to frighten you. The law is there to stop this happening but the problem is that most people just don't know what to do and it is very clear that the debt collecting firms will use this to their own advantage. Public bodies such as the excellent CCCS (Consumer Credit Counselling Service) or the Citizen's Advice Bureau are fantastic but sometimes they are overburdened and there are times when such advice is lacking in detail.

So ask Asset Recoveries for a copy of the original contract when you took out your loan or credit card.

Even better, start an unenforceable credit agreement application here. If you want to check, in addition, missold PPI and recover all the credit card charges you've paid over the last 6 years (plus 8% interest) it costs an upfront fee of only £99 for a full audit to see what you're entitled to. Click here for more.

 

DPC Registry is registered and regulated under the Data Protection Act. Reg. No. Z1620707 and licenced by the Office of Fair Trading. Consumer Credit Licence No. 633327.

 

 

More Data On Asset Recoveries

 

If you have any information that you would like honest people to know about Asset Recoveries then send us an email in complete confidence and we will try to corroborate it with the clowns involved.

 

 

 

This Asset Recoveries website is part of DPC Registry website group. All rights reserved. Complaints Against Asset Recoveries Ltd.

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