question category: Debt Companies

what information can a creditor ask for
Submitted on: 9th Jan 2009 by Non-Member | Total Answers: 2

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Re: what information can a creditor ask for

Creditors cannot demand information. It is their responsibility to prove that you owe money. They may request you fill in an income and expenditure form - and it might be in your interest to do so if you genuinely can't afford to pay.

If you want help filling in your expenditure or you are being harassed by a creditor please click on my name and email me at Debt Advice Foundation.

Submitted on: 23rd Apr 2009 by Darren Member

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Information a creditor can ask for

Sounds like you're being asked for information you don't want to provide. You don't need to tell them anything you don't want to. However, you may want to set out your case for how much you can afford to repay and when by telling them what you're earning and some your expenditure and make them a proposal to repay the debt. If you do, do everything in writing. Also, consider debt management or other debt solutions if you're have trouble paying your debts. Let us know whether this was useful.

Submitted on: 9th Jan 2009 by TA Member

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