Debt Management Services Ltd (DMS) Do You Have to Pay?
For free & impartial money advice you can visit MoneyHelper. We work with The Debt Advice Service who provide information about your options. This isn’t a full fact-find, some debt solutions may not be suitable in all circumstances, ongoing fees might apply & your credit rating may be affected.
For free & impartial money advice you can visit MoneyHelper. We work with The Debt Advice Service who provide information about your options. This isn’t a full fact-find, some debt solutions may not be suitable in all circumstances, ongoing fees might apply & your credit rating may be affected.
Have you received a letter from Debt Management Services Ltd (DMS) that you did not expect? You might be wondering whether it’s real and if you need to pay. Don’t worry; you’ve come to the right place for answers.
Each month, over 170,000 people come to our website to get advice on debt issues just like this one, so you’re not alone. We understand your worries about where the debt has come from, whether it’s real, and what to do if you can’t afford to pay.
In this guide, we’ll help you with:
- Understanding who DMS Debt Collectors are.
- Figuring out if the DMS debt is yours.
- Knowing if you can write off some DMS debt.
- Learning what DMS Debt Collectors do.
- Finding out what the DMS Debt Collection process looks like.
Our team has experience with debt collectors, so we understand how you feel. Here’s how to deal with Debt Management Services Ltd (DMS) and what your options might be.
» TAKE ACTION NOW: Fill out the short debt form
What does DMS Debt Collection Process look like?
Looking at the website for DMS, it seems that the only option to make a payment is to do so over the telephone. There does not appear to be any online payment portal, which can make things harder to do.
How a debt solution could help
Some debt solutions can:
- Stop nasty calls from creditors
- Freeze interest and charges
- Reduce your monthly payments
A few debt solutions can even result in writing off some of your debt.
Here’s an example:
Situation
| Monthly income | £2,504 |
| Monthly expenses | £2,345 |
| Total debt | £32,049 |
Monthly debt repayments
| Before | £587 |
| After | £158 |
£429 reduction in monthly payments
If you want to learn what debt solutions are available to you, click the button below to get started.
Debt Management Services Ltd Contact Details
| Address: | Lincoln House, Epsom Downs Office Park Sloane Street, Bryanston, 2021 |
| Mail: | PO BOX 787319 SANDTON, 2146 |
| Telephone: | 087 006 0030 |
| Fax: | 086 680 2022 |
| Email: | [email protected] |
| Website: | http://www.dmservices.co.za/index.html |
Will They Give Up Chasing?
After all that you might be wondering whether you can just wait it out and hope they stop chasing you.
Sadly, that’s probably not going to happen. Most debt collectors are persistent.
Source: Moneysavingexpert
As you can see Robinson Way starting to chase a debtor mere days after their mortgage application and a full 12 years after the debt was originally chased.
Other agencies like Lowell Group, Portfolio Recovery and Cabot Financial are constantly being accused of buying Statute Barred debts and then chasing people for payment.
References
