The Ultimate Guide to Global Debt Recovery

If you have been informed by Global Debt Recovery, that you have a debt that you owe, don’t worry- we are here to help.

This ultimate guide to Global Debt Recovery will give you the ins and outs and everything else you need to know about having a debt and receiving the news that you do.

Did You Know You Can Write Off Up To 85% Of Your Debts?

Do I Qualify?

Who is Global Debt Recovery?

Global Debt Recovery is a Surrey-based debt collection agency.

Their main priority is to chase down debts from debtors.

The debt that you might owe will either be owned by Global Debt Recovery or be on behalf of another company. Debt collection companies are known to work with other companies as they get commissions.

Is Global Debt Recovery a legitimate company authorised and regulated in the UK?

Yes! They are legitimate!

Check out some of the Global Debt Recoveries amazing credentials:

  • Member of the Credit Services Association (CSA)
  • Regulated by the Financial Conduct Authority (FCA)

I have received a letter… what now?

If you have received a debt letter from Global Debt Recovery, you aren’t alone!

You might think that that you don’t even have a debt because you don’t know this company. This is when you should be careful as the debt you have could be paired with their clients.

If you don’t believe the debt is yours, DON’T ignore their contact as this could gradually make the debt worse and they could take you to court.

What you should do:

Even if you don’t believe the debt is yours, you should get in touch and ask for proof.

Asking for proof of the debt can be crucial as you can find out why you have the debt and how much it is. If the company does not send you proof of the debt, you legally do not have to pay a thing.

Contact Information

If you are in the position where you need to contact Global Debt Recovery here are some contact details:

Solutions

Contacting Global Debt Recovery is your first step to success.

There are many ways to get yourself out of the deep hole of debt! Getting in touch with this company and discussing your situation could be incredibly beneficial.

Global Debt recovery offers a repayment plan to help spread out the cost.

They also offer usage of an IVA so you will not have to pay back the full amount.

If you have had your debt for over six years, there is a chance that it would be classed as statute-barred. This is because of a law in court that shows the debt would be too old to collect.

What if I can’t pay?

If you can’t pay the amount, don’t worry, this does happen.

Get in touch with Global Debt Recovery. They will offer you different solutions, however, if you feel that you couldn’t work with the solutions and need extra guidance and support, contacting debt charities would be a great way to start.

Debt Charities to reach out to:

  • Step Change
  • National Debtline
  • Business Debtline
  • Citizens Advice Bureau
  • Debt Support Trust Management
  • The Debt Advice Foundation
  • Christians Against Poverty

List of Debt Collection Agencies UK

Here is a list of all the debt collectors in the UK.