Being chased by DCBL for Debt?

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There is a lot of trouble that unpaid dcbl notice of debt recovery can bring into your life. Especially due to the financial crisis that’s going on, many debts are going unpaid. As a result, a lot of creditors are incurring huge losses. In such a situation, it is not uncommon for them to take the assistance of the dcbl notice of debt recovery debt collecting agencies. 

Even though other sectors are facing a low, dcbl notice of debt recovery debt collecting is at an all-time high. The agencies make a lot of profit by buying debts at a low price and collecting them. In such a situation, it is not uncommon for people to be contacted by an enforcement agency like dcbl notice of debt recovery or DCBL Bailiffs.

Who are the DCBL notice of debt recovery?

Direct Collection Bailiffs Ltd or dcbl notice of debt recovery is an enforcement agency that offers its services to high courts, which includes collecting debts. Being a bailiff agency, they have some special powers as compared to regular debt collectors. So, you might be a little nervous when they contact you, but you shouldn’t be too worried. As we shall see, there are some ways to effectively deal with them.

What steps do they take to collect your Debt?

DCBL Bailiffs follows the basic procedure of debt collection. When they acquire debts, they reach out to the debtors by calls or letters. The amount you owe and the name of the original creditor would be specified in the letter. They generally give you a time of 7 days to pay the amount. 

If you ignore it or fail to pay, they will send you another reminder asking you to pay the full amount. This time, they will also add their own charges to the amount due for late payment. 

In general, they charge the debtors more than what they owe. So, the more you ignore the reminders, the higher you’ll have to pay them. This is a method they use in order to compel you in paying up quickly. In addition to that, they will send a bailiff, if you keep ignoring their reminders.

What can a Bailiff do to collect the Debt?

As opposed to debt collecting agencies, DCBL is a bailiff agency. They collect debts by the order of a high court. As such, they carry some extra powers that a debt collector doesn’t have. 

The agency must DCBL final notice of debt recovery notify you before you get a visit from this agent, and they can’t visit you before 9 am or after 6 pm. Also, they can’t enter your property without your permission. Though they can use a reasonable amount of force in debts such as income tax. 

Once you let them in, the bailiffs can’t harass you to make the payment. They will request you to pay the full amount or make a payment arrangement. Otherwise, they are authorized to take some of your goods and sell them if required to recover the debt. 

If you don’t let them in, they can even take any goods lying outside your home. Moreover, not letting them in would only mean additional charges on your payment. If you have left any door unlocked, the bailiff has the right to enter through it. After that, you can’t refuse them entry, when they come the next time.

What Goods can the Bailiff take from your House?

Even though DCBL Bailiffs can take control of your goods, there are limitations to what they can take. They cannot add any of the goods that are essential for your daily life to their inventory list. 

Bailiffs can only take goods that are owned by you. So, if you have some goods that you have hired or partially own, they won’t be taken from your house. Also, they can take control of your goods only after a court passes the order to do so.

What Legal Actions will you Face for not Paying them?

Not paying your debt can seriously affect your life. The creditors might start a legal proceeding against you at a county court if you keep ignoring their requests or fail to pay. 

If they win, the court would order you to clear your debt by paying affordable instalments. If you still don’t pay, you’ll have to face one of the following actions:

  • Your debt may be secured against a property

If you have been wondering whether DCBL Bailiffs can take any of your assets, yes they can. If you don’t pay the debt after the order of the county court, they would take further action. In many cases, the courts order debts to be secured against the property of debtors. Further, you are at risk of losing your home, even if your debt is not secured against it. Though if you have a rented property, they cannot secure any debts against it.

  • Direct recovery from salary and benefits

The creditor can also apply in court to take out the debt amount from any salary, pension, or benefits that you get. If the court passes the order, a fixed amount would be deducted monthly, before you receive it. 

Though this would be done only after prior information. The court would pass the order only after making sure that you’ll have enough money left to pay for your basic requirements.

  • Some of your goods might be taken away

As you know, DCBL final notice of debt recovery can take away your goods as security against your debt. Though they can do this only after the court passes the order. You’ll be able to get your goods back only after clearing your debt. If you’re still unable to pay, they have the right to sell the goods to recover the money. Now, you might wonder what would happen if they can’t recover the full amount from the sale. Well, in such a case you’ll have to pay the remaining balance.

  • Bankruptcy

If DCBL Bailiffs is convinced that you can’t pay them, they can file a bankruptcy petition against you. After that, you’ll have to go through a year-long process during which you’ll be declared ‘undischarged bankrupt’. 

You would be discharged automatically at the end of this time period. This is known as sequestration in Scotland, though the procedure is exactly the same. Based on what you can afford you’ll have to keep paying regular instalments until you’re discharged. 

The discharge might even get delayed due to various reasons. You would also face a few restrictions during this period. After getting discharged, all your debts except some types, such as student loans and criminal fines would be written off. For business owners and people at certain financial job positions, bankruptcy can have adverse effects.

What to do if you can’t pay DCBL?

It’s a very stressful situation to be in debt that you’re unable to pay. If you’re facing DCBL final notice of debt recovery and financial problem, you must discuss it with the bailiffs, and try to get an affordable payment plan. Ignoring them would not be worth it, since it can only get you more in trouble. 

You must also keep in mind that you’re dealing with a bailiff company and not regular debt collectors. If you ask for some extra time, they should be able to grant you that. Otherwise, you can also try a debt relief order. If the court passes it, all your debts would be frozen for a year, and so will their interest rates. 

If your financial condition doesn’t improve by the end of this period, all the debts would be written off. Otherwise, you would have to pay the debt, if your financial situation recovers during the period.

Since a debt relief order is available only for certain types of debts that amounts below £20,000, and not everyone would be eligible for it. In such a situation, you can try getting an IVA advice UK, which is relatively flexible. You would probably find it to be a better alternative than bankruptcy.

Would it be a good idea to include this debt in your IVA?

An IVA is actually an effective way to avoid bankruptcy and clear off most of your debt. In addition to that, you also get many benefits in this arrangement. To start with, there would be no more visits from bailiffs, as your IVA supervisor would be managing the debt for you. 

There would be no more worries about losing your property. You would be protected from legal action. On top of that, the interest rates on your debts will be frozen. When combined with affordable monthly payments, this arrangement would remove a large chunk of the stress from your life.

Though you must keep in mind that you can get this arrangement only if you owe at least two creditors. Considering the high cost you have to pay to get it, it would only be a good idea if your debt is above £5,000. Also, it comes with its own share of risks. You must consider them as well before you come to a decision.

There are different ways to get some or all of your DCBL debt written off. Different debt solutions will enable you to wipe off some of your debt, such as an IVA, debt settlement offer or Debt Relief Order.

You can also wipe the whole amount by claiming for a refund if your loan or credit card was issued without proper scrutiny of your ability to repay.

How long can DCBL Bailiffs Chase Debt?

In the UK, bailiffs get a time of 6 years to chase debt. So, the debt would expire after that time period. Though if you think about it, the time given is sufficient for debt collection. No debtor would be able to put up with the hassles for 6 years. Even if your debt has remained unpaid, it would be mentioned in your credit file for 7 years. That can never have good consequences. So, you’re Contact National debtlines Team to clear your debt legally.