Do I have to pay Arvato Financial Solutions Debt?

Did you get a letter saying you owe money from Arvato? Has it got you asking, do I have to pay Arvato Financial Solutions debt, or can you ignore it?

I explain why Arvato would get involved in collecting a debt and how you should respond to their letter in my post.

Do you have to pay Arvato Financial Solutions?

You might not have to pay Arvato Financial Solutions.

If you genuinely can’t afford your debt repayments then looking into whether you could have your written off might be just what you need. 

If you want to find out whether you qualify for having debt written off or payments lowered then fill out the short form below.

First, who Is Arvato Financial Solutions?

Arvato Financial Solutions works with its clients in several ways. The company provides financial services which include credit management, and debt collection.

The business has six offices dotted around the country and is part of the Bertelsmann Group of companies. The business is regulated in the UK.

Is Avarto a legitimate business?

Yes. Arvato is a legitimate debt collection firm. Moreover, they are regulated by the Financial Conduct Authority (FCA) and the Credit Services Association (CSA).

So, when you get a letter from Avarto about an outstanding debt, it’s best to take it seriously. However, before parting with any money, you need to check a few things out!

Can you lower your repayments?

If you’re struggling to pay back your debt, then you might qualify for a debt solution.

Some solutions lower your monthly payments while others write off a portion of your debt. 

To find out whether they could work in your situation, hit the button below.

Get Started

Do you have to pay Arvato?

No. Not immediately. But you shouldn’t ignore their correspondence either. If you ignore things, the problem just gets worse (and more expensive!).

You should respond to an Avarto letter by asking the company to ‘prove the debt’ is yours. 

Arvato must respect your request!

Don’t accept verbal confirmation from the debt collector. Instead, ask them to provide proof you owe the money by sending the original credit agreement you signed.

Again, Arvato Financial Solutions must respect this request!

If the debt collection agency can’t prove the debt is yours, they can’t chase you for payment. Nor can they continually attempt to contact you!

Check out what happened to one unhappy person who was contacted by Arvato here:

Source: Money Saving Expert

What happens if Arvato proves the debt is yours?

Arvato may be able to prove you owe the money. In which case, you should enter into negotiations with Arvato. But not before seeking debt advice from an independent debt charity!

What happens if I don’t pay Arvato?

Things escalate relatively quickly when you don’t pay Arvato and they’ve managed to prove you owe the money. In short, if you ignore their correspondence and you don’t pay, Arvato could start legal proceedings.

However, first, you’ll get threatening letters which may be a tactic to get you to pay. That said, if a debt collector threatens court action, they should follow through although it doesn’t always happen!

In short, it’s a gamble as to whether Arvato will sue you or not!

If you don’t attend court, a judgement (CCJ) is registered against you and it’ll appear on your credit history! Enforcement agents otherwise known as bailiffs could show up at your door.

Bailiffs could seize your possessions, and sell them at auction. Or you could have a lien attached to your earnings! Otherwise known as a ‘consolidated attachment of earnings order’.

What can Arvato do when they contact you?

There are laws that debt collection firms must follow which are set out by the Office of Fair Trading (OFT). So, basically, when a representative from Arvator contacts you, they can:

• Visit you at your home
• Discreetly discuss a debt with you
• Ask that you pay the amount owed directly to them
• Only contact you at the times you prefer and how you’d like to be contacted

That said, a debt collector cannot legally do any of the following when they contact you:

• Force entry into your home, seize your possessions or clamp your vehicle
• Pressure you to take out another loan to pay off what you owe the original creditor
• Talk to you aggressively or in a threatening manner
• Threaten you with court proceedings when they know they won’t or can’t
• Pretend they are enforcement agents otherwise known as bailiffs. It’s a criminal offence if they do!
• Contact you at all times of the day which would be deemed ‘harassment’
• Discuss your debt with other people namely your family, friends, neighbours or employer. This is deemed to breach your privacy!
• Contact you or visit you where you work
• Talk to you in a confusing way with the intent of misleading you

How do I block Arvato?

The only way to block Arvato from contacting you is to:

• Pay off the full amount owed
• Negotiate a payment plan with Arvato
• Agree on a settlement figure with Arvato
• Take out an IVA or bankruptcy in which case Arvato will deal with your Insolvency Practitioner

Can you get out of paying an Arvato Financial Solutions debt?

There are a couple of reasons why you may not have to pay an Arvato Financial Solutions debt which I’ve listed here:

• First, check the debt is yours by requesting Arvato prove it is!
• Second, establish the debt is not statute-barred because if it’s over 6 years old, Arvato can’t chase you for payment

“It will only get worse” 😩

It’s cliché to say, but with debt it’s true; the longer you leave it, the worse the problem gets. 

There are straightforward and effective ways to deal with debt, but you have to know your options. 

Fill out the short form to find out about the debt solutions that could reduce your monthly payments or even write off some of your debt.

Get Started

How do you contact Arvato Financial Solutions?

I’ve listed the various ways you can contact Arvato Financial Solutions here:

Lastly, do I have to pay Arvato Financial Solutions debt?

You’d only have to pay an Arvato Financial Solutions debt if the debt collector can prove the debt is yours. Moreover, if the debt is over six years old, Arvato can’t pursue you for payment because it’s statute-barred!

That said, if Arvato can prove you owe the money, your best bet is to remain in negotiations with the debt collector. But first, you should seek independent debt advice from one of the many debt charities.

Their advice could be invaluable in getting you the best debt repayment plan and one you can afford!

Never ignore any correspondence you get from Arvato because you could face court proceedings. You could end up ruining your credit history when a CCJ is levied against you!

So, all in all, the question “should I pay Arvato Financial Solutions debt” depends on several things. But never agree, sign or pay anything until you’re satisfied the debt is yours and it’s not statute-barred!

Thanks for reading my post about Arvato debt collections. I hope the info helps you decide what to do so the outcome is positive!