Firstly, do not make the situation worse by ignoring their phone calls and letters.
It’s important to know what your rights are and what you should do at each stage of the Moorcroft debt recovery process. We can help you resolve the situation by discussing a number of wider financial solutions that are available to you.
Debt collectors like Moorcroft will send you various automated letters. They will ask you to contact them by phone to set up a repayment plan. They may even try to threaten you with a visit to your home.
Later on, Moorcroft Debt Recovery could attempt to offer you an out of court settlement. The situation can escalate when they start making further threats to take you to court to obtain a county court judgement (CCJ), in some rare instances, they could make you bankrupt.
Remember that these are standardised letters, a similar letter will be sent by Moorcroft Debt Recovery to everyone they try to recover debt from.
It can be difficult to arrange a repayment plan with Moorcroft Debt Recovery. We can help you find a solution that you can manage through affordable instalments. We take into account your current financial circumstances by going through an income and expenditure sheet to see what would be your best option.
Have you been contacted by Moorcroft Debt Recovery? If yes, contact Refresh Debt Services to speak to one of our friendly advisors for impartial advice. We’re able to advise on a range of solutions, helping you become debt free.