Originally Posted by Dudess
And it is incorrect to say the debt is never passed to the debt collector. It may not be, but it sometimes can be - so better to check instead of taking it as gospel that the debt collectors don't have to be dealt with.
I feel sympathy for people having difficulty making ends meet, but talk to someone about it rather than leaving things build up.
AFAIK the only way for a company to pass/sell your debt over to another person or company is through the courts if a receiver is appointed or if a judgement is made against you.
The usual is that the company pays a collection agency a certain small amount per thousand or hundred debtors for phone calls, letters etc These companies are nothing more than call centres that try to find as much information about you so they can embarrass you into paying by ringing your work number or parents phone number etc or writing to your work or parents address
People with debts under say €100 might get 2 calls a day until they agree to pay up and those with larger amounts may get all the calls plus a series of threatening letters starting with nice ones leading to those threatening court and expenses and agents calling to your house etc.
But you have no dealings with these collection companies so should ignore all contact from them and instead arrange a payment plan directly with the company you owe money to!
If you can afford to pay €10/week to ESB BG or whoever and propose that amount in a payment plan then you MUST pay that even if the company have said they reject the payment plan because €10/week is better than you paying nothing at all! While you are negotiating with the company you should be paying all that you can afford off the debt.