H Collect Debt – Must You Pay? 

Are you wondering about H Collect debt? Have you received a letter and are unsure what to do next? This guide is here to help answer all your questions.

Dealing with debt can be confusing and stressful. You may be questioning where the debt came from, if you need to pay it, or if H Collect is a real company. These are normal worries, and you are not alone. In fact, over 170,000 people visit our website each month for guidance on these very issues.

In this guide, we will explore:

• Who H Collect and Henriksen Limited are.
• Why H Collect may be contacting you.
• How to handle a letter or call from H Collect.
• Steps to take if you can’t afford to pay the debt.
• Possible actions H Collect can take if you don’t pay.

Our team has helped many people in your situation. We understand how scary it can be to deal with debt collectors. We’re here to guide you and help you understand your options.

Let’s dive in and help you deal with H Collect debt.

Why Is H Collect after me?

If Henriksen Limited sent you a debt letter, it means an overdue debt you owe to a creditor has been passed to them for recovery. The agency deals with all kinds of debts, including the ones at Telecommunication companies, Utility companies, Local Authorities, private firms, etc.

What do I do if I get a letter or call from H?

If you get a letter or call from H or Henriksen Debt Collectors, the first thing you need to do is work out if the debt is yours.

Debt verification is an essential step that too many people skip!

You can use my free ‘prove it’ letter template to write to H and ask for proof that the debt is yours. You are under no obligation to pay off a debt that hasn’t been proven to be yours.

Next, check to see if the debt is enforceable.

If it has been 6 years – or 5 years in Scotland – since you last paid towards your unsecured debts and you have not written to your creditor about your debt during this time, it is statute-barred.

This means that the debt is not enforceable. It still technically exists, and you still technically owe the money, but there is no legal way for you to be forced to pay or for the debt to be enforced.

Keep in mind that not all debts become statute-barred!

Any HMRC debts, for example, will stay enforceable for decades. Any debt that had a County Court Judgement (CCJ) attached to it during the 5 or 6-year window it will be enforceable for the duration of the CCJ. 

If your debt is statute-barred, you can use my free letter template to write to H and explain the situation.

If you are unsure about the status of your debt, you can contact a debt charity for some advice. Their advisors will be able to look at the debt in question, determine its status, and advise you on your next steps.

It might be a good idea to phone about your debt rather than write about it. This will make sure that the statue-barred timer isn’t reset on your debt!

Should I pay Henriksen Limited the money I owe?

Yes. H collect can take legal action against you if you refuse to pay or make a payment offer since they have the same power as your original creditor. You should pay your debts in full if you can afford to or seek debt solutions to help you avoid the stress of dealing with debt collection agencies.

What actions can H Collect take if I don’t pay?

The consequences of non-payment to H Collect can be significant.

Once you refuse to pay after several notices, Henriksen Limited may take you to court. Depending on the court order, the actions H collect can take to recover debts from you include the following:

1. Arrest your benefits

With an Arrestment Order, Henriksen can take their money in instalments from your benefits with or without your consent. Some of the benefits that can be arrested are:

· Jobseeker’s Allowance

· pension credit

· Income Support

· Employment and Support Allowance

2. Arrest your earnings

Henriksen Limited can have an “attachment of earnings order” from the court forwarded to your employer to help them determine your earnings and how to deduct their debt in instalments. Employers must comply with the order, and the overdue debt will be taken in small amounts daily, weekly, or monthly, depending on how you earn.

Usually, the instalments will be less than 40 per cent of your earnings in order to avoid bringing difficulty to you.

3  Arrest your bank account(s)

If you have some savings, H collect can get an interim third-party debt order and direct your bank to freeze up to the sum you owe immediately. However, nothing will be deducted from your account until after the final court hearing. The court may order a deduction from your savings if you don’t pay or arrange a payment schedule.

4. Property seisure

Another strict measure that can be taken if other methods don’t yield results is the seizure of possessions. Henriksen can get a seizure order and send authorised enforcement agents to your home or business. They will typically ask for the overdue debt, but if you cannot pay or make a fair offer, they may force entry and take non-essential valuables.

» TAKE ACTION NOW: Fill out the short debt form

What payment options do I have with H collect?

Henriksen Limited, like other debt collection agencies such as Lowell, Cabot, and PRA Group, offers debtors multiple payment options depending on their financial situation and type of debt. Some debts can also be written off if they meet specific conditions. 

To pay your debts, you can choose to:

· settle all at once

· pay in instalments

· have it deducted in instalments from your benefits

· have it deducted from your earnings

What if I can’t afford to pay?

If you can’t afford to pay Henriksen Debt Collectors or facing financial difficulty in the UK, you may need to consider a debt solution.

There are several different UK debt solutions available, so I recommend speaking to a debt charity as soon as possible. Their advisors will be able to look at your finances in detail and help you work out which debt solution will work best for you.

I have linked a few charities that offer these advisory services for free below.

Debt Management Plan (DMP)

A DMP is an informal debt solution that lets you pay off your debts via a single monthly payment.

Because it is informal, it is not legally binding so you are not tied into a DMP for a minimum number of payments.

Individual Voluntary Arrangement (IVA)

An IVA is a formal agreement between you and your creditors. You agree to pay a monthly sum that is distributed amongst your debts, and your creditors agree not to contact you during your IVA.

IVAs typically last for 5 or 6 years, and any outstanding debt is wiped off when it ends.

Keep in mind that IVAs are not suitable for everyone. You need to owe several thousand pounds to more than one creditor to be eligible. You also need to demonstrate that you have some disposable income every month.

Trust Deed

IVAs are not available in Scotland. Instead, you will need to opt for a Trust Deed.

Trust Deeds work in the same way as an IVA – you pay an agreed sum each month that is shared amongst your creditors, they can’t contact you, and any leftover debt at the end of your Trust Deed term is written off.

Debt Relief Order (DRO)

A DRO is a good option for those facing financial hardship with no assets and little income.

For 12 months, you make no payments, but your creditors freeze your interest and don’t contact you.

If your finances haven’t improved during this year, you may be able to write off your unsecured debts.

Bankruptcy

If you have debts but no realistic possibility of ever paying them off, you may need to declare bankruptcy.

Bankruptcy has an unfair stigma attached to it as it may be your only way of getting a financial fresh start. That said, it is a serious financial situation that should not be taken lightly.

Sequestration

Sequestration is the Scottish version of bankruptcy.

If you have little income and no valuable assets, you may be able to apply for a minimal asset process bankruptcy (MAP). A MAP is a quicker, cheaper, and more straightforward version of sequestration, so worth considering.

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 H collect Parking Fines

If you have a parking ticket that has been passed to Henriksen Limited for collection, it’s important to pay as parking fines are a kind of debt, too. Refusing to pay parking fines can cause debt collection companies to take legal action against defaulters and even charge extra fees for late payments.

If you think that the parking fine is unfair or wrong, you can and should contest it. You can follow my guides, or you can contact a charity like Citizens Advice for some free and specific advice on the subject.

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