If you ignore Debt Managers Ltd, they have the choice of a few different approaches when it comes to debt collection.
Debt Managers Ltd could make a court claim against you. This is a cheap but popular way for them to reclaim their money. If they choose this method, you will receive a claim form in writing through the post, and you would either have to arrange to make payments to pay the money owed in full or dispute the bill. If you dispute the bill against Debt Managers Services Ltd, you should take legal advice, as many defences will not work in this situation.
This is what we established our debt advice service to help with. You can call us at any time to discuss your debt.

It may be possible to write off any money that you owe with Debt Managers Ltd if you have a total of £6000 or more of unsecured liabilities. This can include loans, customer credit cards, catalogues, payday loans, overdrafts, and other unsecured debt. When dealing with a company that the Financial Conduct Authority (FCA) regulates, there will be a process that Debt Managers Services Ltd will follow if a bankruptcy claim is filed or an individual voluntary arrangement is applied for.

Debt Managers Ltd are a collections agency; they can buy debts from several sources and legally pursue them. The most common debts for collections agencies are council tax arrears, parking fines, benefit overpayments, loan payments, credit cards, telephone bills, online water account and utility account bills. They will also chase outstanding payments and contact you on behalf of other companies.

Debt collectors will chase you for as long as it takes you to repay the debt. They buy debts from your original creditor where you were a customer, then try and collect more than what is owed because they profit from each transaction. You should call us first to offer independent advice about how best to deal with this matter before contacting them directly or making any payments through their secure payment facility- our experience of working in such situations means that when you contact us, we’ll be able to help instantly!

A debt collector has the same authority as your original lender and will have to adhere to regulations set out by the Financial Conduct Authority for accounts formed under the Consumer Credit Act 1974 (FCA). This means they have no right to enter your property or repossess any goods or vehicles, but things are different with a bailiff. A bailiff is issued with more authority, making life difficult for you if you don’t comply!

Sometimes, debt collectors will not start collecting on your debts for several years. When they do, it can be challenging to remember what you owe and sometimes the collection company has made a mistake or messed up a reference number and thinks that you still owe money when you don’t. Sending them a ‘Prove It Letter” is often enough to get evidence from either side of this mess so that if there was an error, then it gets fixed.

Sending a ‘prove it’ letter is not always the right thing to do. If you are receiving debt collection demands addressed with your address, but that isn’t actually yours, then don’t reply as there’s no point in wasting time and money on something that doesn’t involve you at all. You should also be aware of if your debts may have become statute-barred, which means they’re over six years old and cannot legally be enforced anymore – so unless an expert has confirmed this for sure, just keep ignoring them!