Selling a debt to a debt collector

[rocket377]

I have 3 old tenants that owe me money. I have written/phoned them on several occasions and have basically written the debts off as unrecoverable.

However, Ive been sitting here thinking about it and I wondered what would be involved in selling the debt to an agency - would be interested to hear if anyone has done a similar thing.....

The debts are old (2 years+) and we would have taken the tenants to court over it at the time, however the controlling party in the business didnt want the hassle and wrote the debt off. I am now in sole control and want to recover some of the debts.

Hence the consideration of a debt collector.

-For the record, the debts total £8200. I dont think the cases will stand up in court, (been there done that recovered half of a £6k supposed 'in the bag' delapidations claim - loads of work/hassle/time though and its being paid back at 15 quid a week!)

Any thoughts?

Edited by rocket377 on Thursday 18th December 03:25

[Bongo Friendee]

Baseball Bats

[Geoffers]

Hiya, I would of thought that if "The prior controlling party" had written them off then it may be difficult to reinstate them.

[Olf]

You need to speak to James in the Business forum. Ask the mods to move this thread there - From what I've see from references by other PHers he's very effective.

Edited by Olf on Thursday 18th December 08:06

[Podie]

james28uk (IIRC)