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Opos Limited Debt Collection – Should You Pay? 

Scott Nelson Profile Picture Janine Marsh Profile Picture
By
Scott
Scott Nelson Profile Picture

Scott Nelson

Managing Director

MoneyNerd’s founder, Scott Nelson, has a decade of financial industry experience, including 6 years in FCA regulated loan and credit card companies. Troubled by a lack of conscience in the industry, he founded MoneyNerd to give genuine advice to those in debt and struggling financially.

Learn more about Scott
&
Janine
Janine Marsh Profile Picture

Janine Marsh

Financial Expert

Janine Marsh is an award-winning presenter and a valuable member of the MoneyNerd team. With a wealth of experience as a financial expert, she's been featured on BBC Radio 4, BBC Local Radio, and BBC Five Live, and is a regular on Co-op Radio.

Learn more about Janine
· Feb 27th, 2024
Could you legally write off some debt? Answer below to get started.

Total amount of debt?

This isn’t a full fact find, MoneyNerd doesn’t give advice. We work with The Debt Advice Service who provide information about your options.

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Opos Ltd Debt Collectors

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.

If you received a letter from Opos Limited Debt Collection, you might be wondering where the debt came from, if you should pay it, and what happens if you can’t afford to pay. 

Don’t worry! You’ve come to the right place. Every month, over 170,000 people visit our website looking for help with debt problems.

In this guide, we’ll help you understand:

  •  Who Opos Limited Debt Collection are.
  •  Why Opos could be contacting you.
  •  The kind of debts Opos collects.
  •  How you can stop them from contacting you.
  •  What your legal rights are if Opos breaks the rules.

Nearly half of the people who deal with debt collection agencies have experienced harassment or aggression1, so we want to help you sort things out to prevent becoming a part of the statistics.

Let’s get started!

Could you legally write off some debt?

There are several debt solutions in the UK, choosing the right one for you could write off some of your unaffordable debt, but the wrong one may be expensive and drawn out.

Answer below to get started.

How much debt do you have?

This isn’t a full fact find. MoneyNerd doesn’t give advice. We work with The Debt Advice Service who provide information about your options.

Why is Opos chasing you up?

You may not recognise the name Opos Limited and assume that you don’t owe them anything.

However, if they’re contacting you, it’s likely that you have an outstanding debt with another company. Opos are collecting on their behalf after a debt transfer or debt reselling agreement.

Similarly, if you’ve defaulted on court fines or have outstanding taxes, they may collect on these too.

That said, they may be writing to you on the off chance that you’ll pay without checking that you are liable for the debt.

» TAKE ACTION NOW: Fill out the short debt form

Should you ignore them?

We always recommend responding to debt collectors – even just to question the debt’s validity. You have the right to request proof of the debt. They have to prove it, or they can’t charge you.

Ignoring companies like Opos usually means they’ll try harder to contact you. The matter can soon escalate, and before you know it, you could be in an even worse situation.

The best approach when dealing with Opos Limited is to speak with them when they first make contact. This can help you resolve the matter in a fast and efficient manner.

How a debt solution could help

Some debt solutions can:

  1. Stop nasty calls from creditors
  2. Freeze interest and charges
  3. 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.

Get Started

What happens if you don’t respond?

If you choose to ignore the calls or letters from Opos, they could well take more affirmative action. This may include visiting your home or taking legal steps.

This can include:

None of these steps are preferable to paying the original debt. So, don’t ignore contact from debt collection agencies, or things could get a lot worse.

What action can Opos take against you?

Opos Limited is a debt collection agency. This means that they have the same legal powers as the original creditor.

So, they can chase you for the money, but they can’t harass you.

Although they can send debt collection agents to your home, they can’t do so without seven days’ notice. You don’t have to let these people into your home, and you can ask them to leave at any time.

Like other debt collectors, they can take you to court over the matter. This means they may eventually be able to issue a CCJ, send bailiffs to recover goods, or apply for a charging order.

Your Rights With Debt Collectors

To summarize your rights and those of the debt collectors currently chasing you, we’ve prepared the table below, which we recommend you study closely to better understand the situation:

Debt Collectors Can But They Can’t
Contact you by phone or mail. Call you after 9pm or before 8am.
Conduct home visits (on rare occasions) and knock on your door. Forbily enter your home, or stay if you ask them to leave.
Threaten to take you to court by suing you for payment on a debt. Harrass you, including threats of violence, repeated calls and visits, or abusive language.
Negotiate a debt settlement. Tip: make sure to get this new arrangement in writing. Visit your workplace.
Access your bank account, but only after a court judgment has been made. Take anything from your home or threaten to do so.
Sell your debt. Speak to other people about your debt without your permission.
Contact you frequently. Keep doing so if you request that they reduce communications.

Thousands have already tackled their debt

Every day our partners, The Debt Advice Service, help people find out whether they can lower their repayments and finally tackle or write off some of their debt.

Natasha

I’d recommend this firm to anyone struggling with debt – my mind has been put to rest, all is getting sorted.

Get started

Reviews shown are for The Debt Advice Service.

Can they remove your possessions or car?

Opos Limited aren’t bailiffs (technically ‘enforcement agents’), which means they can’t reclaim your car or belongings to pay off your debts.

They can’t claim to be bailiffs, and if they try and enter your premises or take your goods, you can ask them to leave.

However, they may be able to get the bailiffs to take action on their behalf if you don’t pay or contact them to arrange payments going forward. But keep in mind that even bailiffs need a court order to seize your goods.

Can you lose your home?

It’s highly unlikely that you will lose your property from action by Opos. The debts they chase are usually unsecured.

This means there aren’t any assets (such as your home or car) used as collateral against them. which insures the creditor against repayment issues.

If you don’t pay your debts and they’re substantial, Opos could ask the courts to secure the debt against your assets, including your home. However, it’s unlikely to come to this if you reach out and make contact with them.

What if they breach the rules?

As well as regulatory bodies for the industry, there are also several legal protections you have.

If you feel that Opos or any other debt collection company has breached the rules, you can escalate your complaints.

The first thing you should do is contact the company directly and make a formal complaint. If they don’t deal with the matter in a satisfactory way, you can escalate it to the Financial Ombudsman Service.

They provide arbitration when it comes to complaints and ensure you get a fair result.

Checking for Other Debt Collectors

There are a lot of ways to get into debt. In fact, it’s not uncommon to owe money to several companies at once.

Perhaps you have a mortgage, a car loan, a couple credit cards and an item or two you bought on buy-now-pay-later schemes. It’s easy to lose track

That’s why it’s important to regularly check your credit report and bank statements to make sure you haven’t missed anything.

If a debt collector has purchased your debt, it appears on your credit report.

Some of the debt collectors you’re most likely to come across are PRA Group, Lowell and Cabot Financial

Opos Limited Contact Details

Address: Opos Limited 2nd Floor, 15 Meadowbank Street, Dumbarton, G82 1JR  Scotland
Phone: 0141 428 3993
Website: www.oposlimited.com

FAQs

Who do Opos collect for?
Opos collect for many different companies such as the HMRC, Npower, virgin and they also collect for outstanding loans.
How long can a debt collection agency pursue a debt?
A debt collection agency can pursue a debt for up to 6 years unless they have been involved in a CCJ. After this period the debt becomes statute-barred.
Is it smart to pay collection agency or creditor?
Yes. It is smart to pay the creditor or debt collection agency who is currently chasing you for the debt. You will receive notice as to who you must pay in order to clear your debt.
Could you legally write off some debt?

There are several debt solutions in the UK, choosing the right one for you could write off some of your unaffordable debt, but the wrong one may be expensive and drawn out.

Answer below to get started.

How much debt do you have?

This isn’t a full fact find. MoneyNerd doesn’t give advice. We work with The Debt Advice Service who provide information about your options.

References

  1. InDebted Debt Collectors Survey.

CONC 7.3 Treatment of customers in default or arrears (including repossessions): lenders, owners and debt collectors

CONC 7.9 Contact with customers

The authors
Scott Nelson Profile Picture
Author
MoneyNerd’s founder, Scott Nelson, has a decade of financial industry experience, including 6 years in FCA regulated loan and credit card companies. Troubled by a lack of conscience in the industry, he founded MoneyNerd to give genuine advice to those in debt and struggling financially.
Janine Marsh Profile Picture
Debt Expert
Janine Marsh is an award-winning presenter and a valuable member of the MoneyNerd team. With a wealth of experience as a financial expert, she's been featured on BBC Radio 4, BBC Local Radio, and BBC Five Live, and is a regular on Co-op Radio.