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UK-Justice
UK-Justice, Barrister
Category: Law
Satisfied Customers: 16193
Experience:  Called to the Bar in 2007
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hi i have just been informed that my debt management company

Customer Question

hi

i have just been informed that my debt management company has seised trading (money worries), however they have not paid any of my creditors a single penny for the last 2 months (i have paid £300 to money worries)...

is there any way of getting this money back????


thanks for your help...
Submitted: 4 years ago.
Category: Law
Expert:  UK-Justice replied 4 years ago.
Thanks for your question, my name is Nic I will do whatever I can to help you today.

I am sorry to say no.

This is because you are an unsecured creditor.

As such all you can do is lodge a claim with the liquidator to see if you can get anything back.

There have been a number of consumer credit licences removed by the Office of Fair Trading.

But I am sorry to say no - you can not get your money back.

But I would suggest using the following instead.

http://www.stepchange.org/Aboutus/CCCS.aspx

They have been going for years and very reliable.

I hope this helps and if there is anything else I can do to help you today please let me know.


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Expert:  UK-Justice replied 4 years ago.
I'm just following up with you to see how everything is going. Did my answer help?

UK-Justice