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What Is a Debt Collector and Why Are They Contacting Me?

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In the UK, debt collection companies operate under strict regulations set forth by the Financial Conduct Authority (FCA). These guidelines are designed to protect consumers and ensure fair debt collection practices. However, they may still try to recover the debt through communication with you.

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How Often Do Debt Collection Agencies Take You To Court? 5 Things to Know

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Generally, the statute of limitations ranges from three to ten years, and once it has expired, the debt is considered “time-barred” and the collection agency can no longer legally collect on it. Alternatives To Court Dealing with a debt collection agency can be stressful and overwhelming.