Debt collectors

BraziliaNZ · 16-03-2012 05:04PM #1

So I owe about 300 euro to Bank of Ireland, as I have been living abroad for ages and although I had a debt of about 5k on a credit card I never completely paid it off, it was 150 or something but they put interest on it etc. Anyway it was registered to one of my friends houses, and they keep getting letters about sheriffs and district courts and all kinds of mullarkey. I don't really care about my credit rating or anything like that, but why are they going through all this hassle for a few hundred euros? I think BOI passed on the debt to some agency, and they are saying they will reposess my stuff etc if I dont pay. But I haven't lived at that address in 7 years and they have no way of knowing where I am. Has anyone had this happen before? What can they do?

MrStuffins · 16-03-2012 05:05PM

Just f*cking pay the money!

BraziliaNZ · 16-03-2012 05:06PM

MrStuffins wrote: »

Just f*cking pay the money!

No, BOI are assholes and I have even less respect for them now that they're going through all this trouble. Surely they have better things to be doing? I must have paid them a fortune in interest and credit card bills over the years I was with them anyway.

DEFTLEFTHAND · 16-03-2012 05:09PM

Be careful its not the Viper they have after you.

keithclancy · 16-03-2012 05:09PM

BraziliaNZ wrote: »

So I owe about 300 euro to Bank of Ireland, as I have been living abroad for ages and although I had a debt of about 5k on a credit card I never completely paid it off, it was 150 or something but they put interest on it etc. Anyway it was registered to one of my friends houses, and they keep getting letters about sheriffs and district courts and all kinds of mullarkey. I don't really care about my credit rating or anything like that, but why are they going through all this hassle for a few hundred euros? I think BOI passed on the debt to some agency, and they are saying they will reposess my stuff etc if I dont pay. But I haven't lived at that address in 7 years and they have no way of knowing where I am. Has anyone had this happen before? What can they do?

I'd be careful there man, you've left it get to a stage where its gone to court, they may make a judgement in your absence and a warrant will eventually be issued for your arrest.

http://www.herald.ie/news/courts/credit-card-debt-mum-wont-be-jailed-1748305.html

Its not a case anymore of whether you owe the money to BOI or not, its a case of whether your going to jail or not the next time your back in Ireland.

MrStuffins · 16-03-2012 05:10PM

You ran up debt on your credit Card, it's your own fault, it's not as if they are stealing from you. You spent their money on goods and services and now you don't want to pay them back.

As for interest etc, that's what you agreed to. You know what you were doing and now making excuses not to pay them back.

Just pay what yo owe!

BraziliaNZ · 16-03-2012 05:11PM

keithclancy wrote: »

I'd be careful there man, you've left it get to a stage where its gone to court, they may make a judgement in your absence and a warrant will eventually be issued for your arrest.

http://www.herald.ie/news/courts/credit-card-debt-mum-wont-be-jailed-1748305.html

Its not a case anymore of whether you owe the money to BOI or not, its a case of whether your going to jail or not the next time your back in Ireland.

but for all they know i never received any warnings or letters from them. But yeah, looks like I can never go home lol.

Old Tom · 16-03-2012 05:12PM

MrStuffins wrote: »

Just f*cking pay the money!

He paid them already in taxes... I guess they're the bastards who owe him money at this stage.

Sindri · 16-03-2012 05:12PM

Fake your death!!!!

MrStuffins · 16-03-2012 05:15PM

Old Tom wrote: »

He paid them already in taxes... I guess they're the bastards who owe him money at this stage.

He lives abroad. I doubt he's been paying tax here for the last while now.

Hogzy · 16-03-2012 05:17PM

BraziliaNZ wrote: »

No, BOI are assholes and I have even less respect for them now that they're going through all this trouble. Surely they have better things to be doing? I must have paid them a fortune in interest and credit card bills over the years I was with them anyway.

So you borrowed their money and didnt pay it back and the Bank Of Ireland are the assholes for wanting it back?

lol. Im glad you emigrated.

Old Tom wrote: »

He paid them already in taxes... I guess they're the bastards who owe him money at this stage.

You do realise who we pay taxes to dont you?
Maybe you should emigrate too.

BraziliaNZ · 16-03-2012 05:18PM

MrStuffins wrote: »

You ran up debt on your credit Card, it's your own fault, it's not as if they are stealing from you. You spent their money on goods and services and now you don't want to pay them back.

As for interest etc, that's what you agreed to. You know what you were doing and now making excuses not to pay them back.

Just pay what yo owe!

I would pay them back if I was living there but the guys who live at that place are total stoners and wont even forward the letters to me and I can't get any info out of them.
BOI had sent a letter to my other address saying that as there was no activity in my current/savings account for so long that they were no longer doing business with me and closing my accounts. When I logged into the internet banking last time the credit card statement was unavailable and the amount just said ####. They haven't got word through to me about anything, so am I still a criminal here if, whenever/if I go home, I agreed to pay?

Old Tom · 16-03-2012 05:18PM

MrStuffins wrote: »

He lives abroad. I doubt he's been paying tax here for the last while now.

Ok so.
Then I don't have any debts and I've been paying loads of taxes that still have been used to bailout the banks, giving me feck all in exchange. They can have the money I've been forced to pay to cover his debts. Makes sense, doesn't it?

BraziliaNZ · 16-03-2012 05:19PM

Hogzy wrote: »

So you borrowed money and didnt pay it back and the Bank Of Ireland are the assholes for wanting it back?

lol. Im glad you emigrated.

Thanks. How come they don't have to pay their debts and get bailed out? You're one of the few if you're on the bankers side these days!

DEFTLEFTHAND · 16-03-2012 05:23PM

Pacta sunt servanda.

Old Tom · 16-03-2012 05:26PM

BraziliaNZ wrote: »

Thanks. How come they don't have to pay their debts and get bailed out? You're one of the few if you're on the bankers side these days!

Ha, and how come they have right to get the interest on the money people get off them, but is doesn't work the other way around? It's obvious that the tax money that have been used to bailout the bankers are never going to be returned.

Sorry, it's too serious for AH as some people were bitching recently.

AH response: blast them with piss...

Stiffler2 · 16-03-2012 05:30PM

Fair Play to ya OP, F**K the bank, don't pay em back.

I wonder if Seanie gets these letters as well :rolleyes:

Owen_S · 16-03-2012 05:32PM

Sindri wrote: »

Fake your death!!!!

Sure a decent canoe costs more than he owes anyway.

Sindri · 16-03-2012 05:33PM

Owen_S wrote: »

Sure a decent canoe costs more than he owes anyway.

That's where you have it all wrong. A decent canoe.

Rabidlamb · 16-03-2012 05:35PM

BraziliaNZ wrote: »

So I owe about 300 euro to Bank of Ireland, as I have been living abroad for ages and although I had a debt of about 5k on a credit card I never completely paid it off, it was 150 or something but they put interest on it etc.

Have you cancelled this card.
They'll keep adding penalties & interest every month if you don't cancel the card.
They may have cancelled it already themselves but it's worth checking.

BraziliaNZ wrote: »

Anyway it was registered to one of my friends houses, and they keep getting letters about sheriffs and district courts and all kinds of mullarkey. I don't really care about my credit rating or anything like that, but why are they going through all this hassle for a few hundred euros? I think BOI passed on the debt to some agency, and they are saying they will reposess my stuff etc if I dont pay. But I haven't lived at that address in 7 years and they have no way of knowing where I am. Has anyone had this happen before? What can they do?

Ok, if it has been passed on to a Debt Collectors (Cabot Financial, Interim Justia) they have no power to repossess anything.
They use this threat as a scare tactic to shake out the low hanging fruit.
As you're not living at that address their is a double reason not to worry on that point, only a court appointed sherrif has the power to remove goods.
Count yourself lucky they don't have an existing number for you or you'd be getting hounded every day.
They have bought the debt from the existing CC company, probably for a very small amount with a hope of recouping more than they paid for it.
The letters will go in a cycle & you'll receive threats of court & draft summonses that look authentic with your name & a court date TBC.
These "solicitors" work full-time for the Debt Collectors changing names & figures on letter templates.
After time you'll receive an offer from them asking for 50% or less of the amount owed to settle the matter.
Normally they give up after 3-6 months of being ignored but occasionally you'll get another fishing letter.

Hogzy · 16-03-2012 05:43PM

Old Tom wrote: »

Ha, and how come they have right to get the interest on the money people get off them, but is doesn't work the other way around? It's obvious that the tax money that have been used to bailout the bankers are never going to be returned.

It does work the other way around. If you deposit money in the bank you earn interest on it.

foxyboxer · 16-03-2012 05:44PM

Keep all 1c coins from now on.
When you have 30,000, hand them in, in Bank of Ireland plastic money bags with 'C*NTS' written on each bag.

BraziliaNZ · 16-03-2012 06:01PM

Rabidlamb wrote: »

Have you cancelled this card.
They'll keep adding penalties & interest every month if you don't cancel the card.
They may have cancelled it already themselves but it's worth checking.

Ok, if it has been passed on to a Debt Collectors (Cabot Financial, Interim Justia) they have no power to repossess anything.
They use this threat as a scare tactic to shake out the low hanging fruit.
As you're not living at that address their is a double reason not to worry on that point, only a court appointed sherrif has the power to remove goods.
Count yourself lucky they don't have an existing number for you or you'd be getting hounded every day.
They have bought the debt from the existing CC company, probably for a very small amount with a hope of recouping more than they paid for it.
The letters will go in a cycle & you'll receive threats of court & draft summonses that look authentic with your name & a court date TBC.
These "solicitors" work full-time for the Debt Collectors changing names & figures on letter templates.
After time you'll receive an offer from them asking for 50% or less of the amount owed to settle the matter.
Normally they give up after 3-6 months of being ignored but occasionally you'll get another fishing letter.

You're a legend. This is music to my ears as I'm about to go out and enjoy a post work beer on a Friday. Have you been through this yourself? I'd thank you a hundred times if I could, have a nice weekend.

Bullseye1 · 16-03-2012 06:03PM

If I were your friend I'd be sending a solicitors letter. Why are they harrassing them? Where you living at that address?

Mickey H · 16-03-2012 06:05PM

foxyboxer wrote: »

Keep all 1c coins from now on.
When you have 30,000, hand them in, in Bank of Ireland plastic money bags with 'C*NTS' written on each bag.

Too much hassle.

who the fug · 16-03-2012 06:05PM

Block you number
Call Debt collector
Haggle

token101 · 16-03-2012 06:08PM

BraziliaNZ wrote: »

Thanks. How come they don't have to pay their debts and get bailed out? You're one of the few if you're on the bankers side these days!

Because people like you don't f***ing pay!! And they do pay their debts, that's the entire point of the bailout.

Mickey H · 16-03-2012 06:08PM

who the fug wrote: »

Block you number
Call Debt collector
Haggle

Bound to work a treat.

stovelid · 16-03-2012 06:11PM

The viper being a debt collector is a laugh. So what. He can't put a finger on you. What is going to do as a high profile ex criminal probably out of condition of good behavior? Batter somebody in the course of a traceable position of employment?

Debt collectors will just hassle you. Call round all the time etc. It's silly to have your credit rating affected and bring hassle on that address over a few hundred quid.

The debt collector usually assumes your debt for a price I think.

If my 'friend' had debt collectors hassling my address over a couple of hundred quid he was too cheap to pay, I would batter them myself.

keithclancy · 16-03-2012 06:16PM

Rabidlamb wrote: »

Have you cancelled this card.
They'll keep adding penalties & interest every month if you don't cancel the card.
They may have cancelled it already themselves but it's worth checking.

Ok, if it has been passed on to a Debt Collectors (Cabot Financial, Interim Justia) they have no power to repossess anything.
They use this threat as a scare tactic to shake out the low hanging fruit.
As you're not living at that address their is a double reason not to worry on that point, only a court appointed sherrif has the power to remove goods.
Count yourself lucky they don't have an existing number for you or you'd be getting hounded every day.
They have bought the debt from the existing CC company, probably for a very small amount with a hope of recouping more than they paid for it.
The letters will go in a cycle & you'll receive threats of court & draft summonses that look authentic with your name & a court date TBC.
These "solicitors" work full-time for the Debt Collectors changing names & figures on letter templates.
After time you'll receive an offer from them asking for 50% or less of the amount owed to settle the matter.
Normally they give up after 3-6 months of being ignored but occasionally you'll get another fishing letter.

Its a bit late for that since:

Anyway it was registered to one of my friends houses, and they keep getting letters about sheriffs and district courts and all kinds of mullarkey.

Have the Gardai tried to deliver a summons op ?

tayto lover · 16-03-2012 06:18PM

token101 wrote: »

Because people like you don't f***ing pay!! And they do pay their debts, that's the entire point of the bailout.

Are WE not paying THEIR debts ?

Debt collectors

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