Who do Robinson Way collect for?
Robinson Way are a debt purchase and debt collection agency that buy and collect other companies debts, which is why you may not recognise them. Robinson Way basically bulk buy “bad debts” off finance companies and collect defaulted accounts on behalf of Natwest, Cahoot, Paypal and others.
What happens when your debt goes to a collection agency?
When a debt has been purchased in full by a collection agency, the new account owner (the collector) will usually notify the debtor by phone or in writing. Selling or transferring debt from one creditor or collector to another can happen without your permission.
Will Hoist Finance take me to court?
If you ignore a Hoist Finance debt letter, they could take the issue to court and get a CCJ for the debt. If that is successful, you will be forced to pay or bailiffs will come to your home to collect a payment. If you refuse at this point, they can remove goods to pay off the debt.
Is Hoist Finance part of Robinson Way?
As of 7th December 2020, Robinson Way became Hoist Finance. Everything from Robinson Way has been transferred over to Hoist Finance who have taken over the management of your account.
Can I be chased for a debt after 10 years?
For most debts, the time limit is 6 years since you last wrote to them or made a payment. The time limit is longer for mortgage debts. If your home is repossessed and you still owe money on your mortgage, the time limit is 6 years for the interest on the mortgage and 12 years on the main amount.
How do I stop a finance hoist?
Write to Hoist Finance UK to Request them to Stop Contacting You (If That’s What You Want) Under the FCA guidelines, if you request that a debt collector stop contacting you completely, it must do so (with a few exceptions). Your request must be in writing. You can use our ‘prove the debt letter’ to do this.
How long can debt collectors chase you?
Can I ask a debt collector to stop calling?
Under the FDCPA, you can tell a debt collector to stop contacting you; but it’s not always a good idea. The federal Fair Debt Collection Practices Act (FDCPA) gives you the right to force a debt collector to stop communicating with you.
Why you should never pay a debt collector?
Making a payment on the debt will likely reset the statute of limitations — which is disastrous. If the collection agency can’t show ownership of the debt. Frequently, the sale of a debt from a creditor to a collector is sloppy. A collection agency hounding you may not be able to show they actually own your debt.