It is quite possible for you to go through this whole procedure and write off credit card debt by yourself. There is nothing to stop you.
However, the implications for legally withholding payment of a debt in the event of no credit agreement being found are mixed. The creditor may register defaults (despite knowing that they are giving false information) and this will involve court hearings to get these removed which could be long and protracted.
If you handled this yourself (which you could by using publicly available paperwork in order to write off credit card debt) you would then need to know how to prepare your case for such court hearings, and how to handle any subsequent counterclaims by the creditors. Then there is always the danger of massive legal fees should there be delays, etc. This is why it is better to use a solicitor experienced in this specific field.
Much publicity was given recently to the man who decided to write off his credit card debt and take on his creditors himself. He succeeded, and quashed £100,000 worth of debt, only to be handed a £100,000 legal bill.
By using a qualified legal team there should be no need to attend court hearings, and you would have the assurance that all matters were being handled properly.
The author invites readers to visit www.CreditIssuesUK.co.uk and take the two minute test to see if you can write off credit card debt. Do you qualify?
