Want to STOP the stress of debt?

If you are sick and tired of the phonecalls, the threatening letters, or perhaps you are just struggling to maintain your regular payments, DebtBuffer can help make all this hassle STOP.

You simply need to know what your real options are & whether you can write off some, or all of your debts. It’s up to you to take charge, not the debt collectors!

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Past Due Credit Solutions (PDCS) Debt Collectors

PDCS is a debt recovery agency that buys and then collects outstanding debts. They will purchase a bundle of debts originally owed to other companies and then pursue the collection of these debts. Agencies such as PDCS buy the bundle of debts from the original creditors, paying them a fraction of the debt owed. They then seek to recover to the whole amount from the debtors.

Who is PDCS Debt Recovery?

You may be confused when you receive a letter from PDCS because it is quite likely you have never heard of them. PDCS is a debt recovery agency that buys and then collects outstanding debts. They will purchase a bundle of debts originally owed to other companies and then pursue the collection of these debts. Agencies such as PDCS buy the bundle of debts from the original creditors, paying them a fraction of the debt owed. They then seek to recover to the whole amount from the debtors. If your debt is one of these debts you will owe the money directly to PDCS rather than the company you originally contracted with.

PDCS also collect unpaid phone and utility bills for many companies including from Scottish Power, United Utilities, Vodafone and O2.

I’ve received a letter from PDCS, what can I do?

If you receive a letter or phone call from PDCS, do not ignore it. Ignoring it will not make the debt go away and it is likely to have already been marked as a default. Ultimately, if you ignore a debt then the creditor could obtain a County Court Judgment against you to then instruct bailiffs to collect the debt or to apply to the court for an order against your home if you are a homeowner. Problems with debt can damage your health and family life and ultimately life is too short to bear the burden of bad debt indefinitely.

The first thing you should do is to check that you actually owe the debt. It is for the creditor to prove that you owe money, so if they cannot provide proof they will have to treat the debt as settled. It isn’t unheard of for debt collection agencies to write to several people with the same name, hoping to reach the correct debtor eventually. Through our letter writing service, Debtbuffer helps people write letters to help buy the time they need to deal with their debts.

If you can pay the debt, the sooner you pay the sooner contact from PDCS will stop and you can move on with your life. If you cannot pay in one lump sum there are several options which may be available to you depending on your circumstances, which may include agreeing to an instalment plan, bankruptcy or entering into an IVA or Trust Deed.

How Debt Buffer Helps

Debt Harm

We help you realise & address the harm bad debt does to your mental & physical health

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Deft Letter

We help you gain extra time to arrange your finances and also handle debt collectors or bailiffs through our letter creation service.

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Deft Easy

We help you understand your options based on your circumstances and the information you tell us. No BS.

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Why you are being contacted by Past Due Credit Solutions (PDCS) Debt Collectors?

If you are being contacted by PDCS it is because they believe you owe a debt, either directly to them through a debt they have purchased from your creditor or a debt that they are managing on behalf of your creditor.

What can an agency like PDCS do?

Debt collection agencies, including PDCS, must follow the rules and guidance for debt collection which are set down by the Financial Conduct Authority (“FCA”.) If a debt collection agency does not follow these rules then it is possible for the FCA to disqualify them from collecting debts.

The rules are designed to prevent debt collection agencies from acting in an unfair manner. For example, any charges for collecting debts cannot be unfair or excessive, and debt collection agencies cannot do anything which harasses or threatens debtors. An example of a threat which is unacceptable is the agency threatening to seize your property when they have no legal power to do this.

If, as a debtor, you have appointed someone to act on your behalf and manage your debts then a debt collection agency cannot ignore this and contact you directly.

PDCS cannot simply turn up at your home without providing advance warning. They must give you advance notice if they intend to call at your home. If they do, you are not obliged to let them in. They are not bailiffs.

Getting help with paying PDCS.

PDCS cannot simply turn up at your home without providing advance warning. They must give you advance notice if they intend to call at your home. If they do, you are not obliged to let them in. They are not bailiffs.

Debtbuffer provides helpful advice to people who find themselves in debt. We can help you understand how the system works and what options may be available to you. Our AI chatbot can help you understand your options by taking you through a series of simple questions. Depending on your circumstances it may be possible to write off some of your debt or at least start the road towards becoming debt-free.

Frequently Asked Questions about needing Debt Help

What is the best way of dealing with my debts?

If you are struggling with debts that are impacting you or your families quality of life then simply put, its time to put yourself first and make some clinical and calculated financial decisions. If you are being chased by collections agencies or have bailiffs banging on the front door, its a terribly stressful situation and no way to live. Our simple advice to anyone in this situation is seek the route that most easily takes away the stresses of being chased for debts and allows you to enjoy more of your income. Our priority is helping you find a solution that creates a buffer between you and your debts.

What is an IVA?

Depending on your circumstances you might be eligible to take out a Government approved scheme for reducing your monthly debt payments and writing off up to 90% of your debts at the end of the scheme. Your creditors have to agree and you must have more than £6000 of debt and enough income to be able to meet your new agreed payment. Read our guide to IVA’s for more details

Is an IVA worth it?

That’s going to depend on your individual circumstances and whether or not the various pro’s and con’s of an IVA are worth it for you. For most people who simply cannot carry on with debt that has become unmanageable, being able to reduce payments down to an agreed fixed amount that you can certainly afford, and at the end of the fixed period having the bulk of your debts written off is certainly worth it. However, careful consideration needs to be given to other solutions such as Bankruptcy, Debt Management Plans or Debt consolidation loans or mortgages. Everyone is different so you must put yourself and your needs first.

How does an IVA work?

An Individual Voluntary Arrangement, or IVA, is a formal, legally binding debt solution, which is a form of insolvency. It must be administered by a licensed Insolvency Practitioner. As an alternative to becoming Bankrupt, It allows you to potentially write-off up to 90% of your existing debts, based on what you can reasonably afford to repay. The exact amount will vary depending on your personal circumstances, and who you choose to arrange your IVA.
An IVA commits you to monthly repayments over 5 or 6 years, which are distributed among your creditors. Any debts remaining after this period will then be written off. The payments will take into account your monthly income to ensure that the IVA is realistic and affordable.

WHY PAY MORE?

26 years & 8 months, that’s how long it will take someone to pay off the average UK credit card debt, just on minimum payments.

If you are drowning in debt and are being forced to choose debt payments over food, clothes or rent, it’s time to take back control of your life and your money.

Put yourself first, get back in control of your finances.

Choose DebtBuffer, Choose life.

Are you ready?

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