Take a deep breath if you have received a debt letter from Global Debt Recovery. We can help you get Global Debt Recovery off your back and confront their aggressive debt letters with confidence.
Who Are Global Debt Recovery?
Global Debt Recovery, sometimes shortened to GDR, is a debt collection agency based in Surrey, England. They are like many other debt collection companies in the UK and will chase debtors to get them to pay their debts.
Global Debt Recovery may own your debt outright or they may be working on behalf of another company. They do the latter because they then get a commission of the money you pay.
They are a member of the Credit Services Association and their practices are regulated by the Financial Conduct Authority (FCA).
Don’t worry, here’s what to do
You could get rid of debt collectors by writing off your debt. I’ve put together a 4 question debt calculator which will tell you if you’re eligible:
Who Do Global Debt Recovery Work for?
Global Debt Recovery may work for a number of companies throughout the UK. Despite their name, there is no information on their website to disclose whether they work for international creditors and chase international debts.
They are likely to chase unsecured debt, including credit card debts as this forum user states:
“GDR then sent me a statement from a card I had about 11 years ago and I was really shocked. The original debt was £423, but they are asking for £748. Since then they have been phoning me and sending me letters for me to contact them which I have ignored.”
[Payplan Debt Solutions Website Forum]
Note, this person’s debt is so old that they probably don’t have to pay any of the money back. We discuss more on the way you can avoid paying Global Debt Recovery for this reason later in our guide!
Find your best debt solution
Is all this information starting to feel overwhelming? Don’t panic! I’ve put together a 4 question debt calculator so you can quickly and easily find the best solution for you. Answer the four questions now.
Received a Global Debt Recovery Threatening Letter?
Have you found yourself holding a debt letter from Global Debt Recovery? You’re not alone.
Plenty of people get these scary letters from Global Debt Recovery every year, and on most occasions, the recipients had no idea they have debt.
Of course, there could be a mistake because Global Debt Recovery have sent the letter to the wrong address. But even if this is the case, you should follow our guide to put things right.
Ignoring Global Debt Recovery Debt Letters
You should never ignore a debt letter from Global Debt Recovery. If you ignore any of their communications – even if you think they are wrong – the debt could get bigger and they could take you to court to force you to pay.
In every situation, it is always better to act.
And that’s why we’re here to help!
Stop Those Global Debt Recovery Calls
Some debtors have reported that as soon as they receive the GDR debt letter, they then start receiving phone calls asking them to pay.
First of all, don’t pay straight away and we will tell you why shortly.
Secondly, you can prevent Global Debt Recovery from repeatedly calling you by sending them your contact preferences and times of the day you wish to be called. If they ignore these preferences, they are committing harassment.
We will tell you how to complain about Global Debt Recovery at the end of our guide.
You might even be awarded compensation!
Can Global Debt Recovery Force Entry into My Home?
Global Debt Recovery are a debt collection company that use administration techniques to collect money. A debt can only be enforced when you refuse to pay, and the court decides that you owe the money.
But even if this happens, Global Debt Recovery will not be allowed to come into your home. That is the job of a law enforcement officer – not debt collection agencies!
Soon we will reveal ways to prevent your Global Debt Recovery debt going to court, even if you can’t afford to pay.
Ensure Global Debt Recovery Prove Your Debt
The first thing you need to do after receiving a Global Debt Recovery debt letter is to request proof that you owe the debt. You should make this request even if you know about the debt.
Without proof, Global Debt Recovery will struggle to get the courts to make you pay, which is why it is essential to make this request even if you know about it.
To do this right, you can use prove the debt letter templates and add some of your details.
We have one a prove the debt letter template on MoneyNerd – easy!
Discover Global Debt Recovery Solutions!
Most people will choose to hide from Global Debt Recovery or ignore their letters because the can’t afford to pay. But you should know that there are many ways to pay debts.
Global Debt Recovery themselves offer repayment plans which can help you spread out the cost of your debt.
If this isn’t an option, you might be able to use an IVA and not pay back the full amount!
You Might Not Have to Pay Global Debt Recovery!
There is one event when you won’t have to pay Global Debt Recovery anything.
Remember at the start of this guide when the person posting on the forum said their debt was 11 years old? Well, this debt would be too old to be collected.
Any debt that is at least six years old and has not been acknowledged in writing or paid in part during the previous six years cannot be legally enforced. This is known as statute barred.
As we can see, Global Debt Recovery are trying to get the money anyway, hoping you don’t know your rights. If this is the case for you, send them a statute barred debt letter reply instead of a prove the debt letter.
These letter templates can be found on the best UK debt charity websites.
Make a Global Debt Recovery Complaint
To make a complaint about Global Debt Recovery harassing you or anything else, send them a complaint directly first.
If your initial complaint bears no fruit, send your complaint to the Financial Ombudsman instead. For further information on how to do this, we have written a specific guide on debt collection complaints.