There are different scenarios in life when you have to decide what to do and what to not when you have to pay your debts and you have not paid it due to any reason behind. But the debt recovery starts and you need to work out to match your affordability and your situation too.
When you are in vulnerable situations, you must be pondering that either the credit reporting should be informed about the vulnerable situation or not? It is true that when your condition gets worsen then you are not in a scenario to face your creditors easily. Vulnerability is not just confined to financial bankruptcy; it can range from chronic physical or mental health issues to the dealings with loosing of your loved ones too. You might be dealing and facing other vulnerabilities too like the feeling of being anxious while talking on phone calls, or for instance you are living with the learning difficulties. It is foremost important for you that your creditors should be aware of your vulnerable situation. Once your creditors are aware of the difficulties that you are facing, then you can easily offer your support when you are in need of it.
Are you contacted by the debt collection agency? Are the debt collectors going to visit your house? So don’t worry, there are possibilities that the debt collection agency might send some person to your home. The person sends over can be called field agent or doorstep collector by them. It is no practiced and common that debt collectors visit you people at your homes. There are more likely possibilities that they may use other means to contact you like the phone calls and the usage of letters.
Remember, if the debt collection agency calls you at your home, they are not the sheriff officers or the bailiffs (enforcement agents). They cannot pretend to be any of them as pretending to be any of these is a criminal offence. In any scenario, it is not preferred or likely at all to tell them to get in or open your doors for them. It is compulsory for them to show the ID as proof. They are bound to leave if you tell them to do so. They are no allowed or supposed to take anything from your house. The visits of collection agents at your homes, does not mean at all that you have to do cash payments to them. It is better for you to make a call to the company later on and set up the standing order once you get the chance of working out on your affordability plans that you can afford in reality. Get a receipt of your payment and they cannot pressurize you for paying more than your affordability.