Opos Debt Recovery Guide #
Do you owe money to Opos?
Who are Opos Limited? #
Opos Limited is a debt collection company based in Dumbarton, near Glasgow. They’ve been around since 2008 and work with different businesses to recover unpaid debts.
If Opos has contacted you, don’t ignore it. We know how they operate and can help you deal with them. Get in touch with us for clear, calm advice—no pressure, just support.
Here’s what you need to know about who they are and how they operate.
Understanding Opos Limited Debt Collection #
Opos Limited is a debt collection company based in West Dunbartonshire, Scotland. They’ve been operating since 2008 and collect debts for a range of businesses, including councils.
They’re regulated by the Financial Conduct Authority (FCA) and are members of the Credit Services Association. This means they’re expected to follow certain rules and treat people fairly.
If you’ve heard from Opos, don’t panic—but don’t deal with it alone. We’re here to help.
Will Opos Limited come to my home? #
Opos isn’t a bailiff company, so they don’t have the right to enter your home or take your belongings. But they may send someone to visit you, usually to ask you to call them or set up a payment plan.
You don’t have to open the door or let them in. If they’ve said they’re coming, or already have, get in touch with us. We can help deal with them on your behalf.
Types of Debts Collected by Opos Limited #
You’ll usually get a letter with a reference number. It will say how much you owe, any late fees, and the deadline to pay.
If you don’t pay, more letters often follow—each one more urgent. In some cases, the debt may be passed to enforcement agents, who can visit your home to collect payment.
How will Opos chase me if I don’t pay? #
Creditors such as Opos use computer systems to keep on top of their debtors. They often follow a debt process that will make them the most profit and can be seen as aggressive by those being followed. But despite laws limiting some tactics, creditors continue with intimidation because it yields quick results for high return rates in debts owed from customers who may have had trouble paying back before they were pursued too aggressively or otherwise missed deadlines set out by contract agreements.
Opos will make an introductory phone call and letter to set out their pre-action protocol. #
You’ll usually get a written letter with a reference number that outlines how much money you owe, any charges/penalties incurred due to missed payments, as well as the tight deadline by which they would like your debt paid in full. The letter may mention what happens if this is not done: typically more letters follow with increasingly higher levels of pressure or unpaid debts are passed on to personal contact people who come knocking at your door demanding payment (or worse).
These steps are usually: #
- A home visit
- A county court judgement (), issued by Opos if you fail to repay the debt within this tight deadline
- A threat of bankruptcy (usually if the debt is over £750)
A letter like this is an unfortunate standard with every credit provider, not just Opos. It is important not to take these communications personally and know there is assistance available, but you do need to act quickly.
Is Opos limited a legit debt collection company? #
They are a debt collection company registered in Scotland with Company Number SC 338837. They are Authorised and Regulated by the Financial Conduct Authority, FRN 693817 under the name Opos Limited. Their registered address is: Opos Limited, 2nd Floor, 15 Meadowbank Street, Dumbarton, G82 1JR
What rights do I have against Opos? #
As a citizen of the United Kingdom, you are given certain rights to protect you and your family’s well-being.
Opos cannot harass you #
Opos can contact you as often as they like, as long as it is reasonable. Although the term ‘reasonable’ does not have a clear definition, it means you shouldn’t feel harassed or manipulated by Opos. You cannot use their incessant calls or pestering letters as a defence to avoid repaying your debt. You can ask that Opos only contact you in writing, but if you do this you must make sure that you are responsive to these letters.
Opos have to keep your details confidential #
Opos can’t speak to your relatives, friends, or neighbours about your debts. This is in accordance with UK data protection laws.
Opos have to be honest in their dealings with you #
Opos can’t pretend to have powers they don’t have. In the past, creditors used documents that looked like court documents. This is prohibited by law.
Opos have to be professional #
Opos cannot be threatening, abusive or tell lies to collect debts. If you have any concerns about their behaviour, you should notify the Financial Ombudsman and the Financial Conduct Authority
What is statute-barred debt UK? #
Statute-barred debt is any debt that someone has had for so long, it’s now illegal for them to take legal action about it.
The statute of limitation in the UK starts from the day that a lender wrote or gave the money to the borrower #
If a person has not made repayments on their loan since they originally borrowed it and nothing more has been agreed upon, their debt will be statute-barred and cannot be taken back by going to court.
The length of time depends on how much was borrowed – interest-only loans are different than mortgages with repayments (and different still if repayments were missed).
It refers to a legal term that prevents certain creditors from claiming back money or property owed when it is allegedly owed was more than 6 years ago. In other words, “statute-barred debt” is not enforceable under UK Law.
It has become synonymous with out-of-date debt where the debtor doesn’t have sufficient assets and/or a lack of income in order for them to repay what they owe.
In England and Wales, statute-barred debts will typically expire after 6 years from the last date on which they could be pursued by the law.
What happens if I ignore a debt collector? #
If you refuse to pay a legitimate debt, your original creditor may report it as unpaid to credit reporting companies. As a result, the negative information can affect not only your ability to get credit but also eligibility for or renewal of existing loans and lines of credit.
Most creditors work with large debt collection agencies that specialise in this practice. They routinely collect millions in debts every year.
First, they’ll contact you by phone, then they will send you a letter, which may include threats of legal action if the account is not repaid #
It’s pretty rare for a debt collector to give up on getting their money. They’ll probably use every method they can in order to get it from you, which includes calling, sending letters, and harassing you at your job or home. The safest action is usually just to keep paying what you owe on time each month until the debt has been paid off like normal.
Other alternatives are some sort of negotiated payment plan with the debt collector that may work better for everyone involved rather than taking legal action or declaring bankruptcy.
Defaulting on a debt or ignoring debt collectors can cause your credit score to go down as it impacts your ability to take out future loans. You might also find yourself unwelcome at shops, restaurants and other establishments because of the bad credit rating.
Finally, the debt collector may eventually seize property or sell it in order to recover some of the money you owe them #
Defaulting is never recommended but if you do so, then make sure that any property you own is registered with a reliable company (or auctioneer) who will ensure that all monies owed are recovered before releasing any cash from the sale.
How long can a collection agency attempt to collect a debt? #
In the UK, a debt collector can continue to attempt to collect a debt as long as it is not statute-barred. Statute barred means receiving notification of the time limit for taking action on an undisputed claim after which you cannot take any legal action; in other words, when a person knows they are too late to take any legal action. A statute-barred matter may be an outstanding invoice that remained unpaid for 6 years so lenders could then put it up for sale or send it to a company like collections agency Opos Limited. Statute barred debts no longer form valid grounds for foreclosure or bankruptcy proceedings and they also have no bearing on credit reports and histories.
The debt agency can only recover and collect the debt from you for six years #
After six years, they are no longer able to demand money from you. If they take any legal steps before those six years have expired, however, then they retain the ability to do so still until the statute of limitations has passed.
What is the Credit Services Association? #
The Credit Services Association is a UK trade association set up to protect the interests of individual and institutional traders – including brokers, banks, insurers, multinationals and SMEs – in the retail foreign exchange market. They represent over 90% of private sector companies operating in this sector today.
The CSA aims to promote good standards within its industry while developing sustainable business practices that safeguard customer funds from unfair treatment. It also campaigns for an equitable taxation system for imported goods with regard to customs duties on luxuries and VAT on imports, as well as more transparency in public ownership registers for listed businesses.
If you do not reply to a debt letter from Arvato or other forms of contact such as phone calls and text messages, then they may take court action. This legal action can also happen if you fail to agree on a plan with them to repay your debt.
They are an organisation that provides different services to lenders including support, guidance and training #
This includes organisations involved in assessing and granting credit such as markets, asset-backed lending, mortgage providers etc. They are committed to making sure the money they generate is used for fair business practices by banning unfair or deceptive acts and practices like fraud and misleading advertising. That value extends beyond their membership by ensuring all the transactions that take place within are based on trust built with integrity this commitment unites us all as one voice within a global industry – united by shared values and commitments – time after time, day after day.
Finding Assistance and Support #
If you find yourself struggling with debt, it’s crucial to know that there are several avenues for assistance and support:
- Debt Collectors: Engaging directly with a debt collector like Opos Limited can help you understand your debt and explore potential repayment options.
- Debt Collection Agency: Organisations such as the Credit Services Association can provide valuable advice and support for managing your debts.
- Financial Ombudsman Service: If you feel that a debt collector or debt collection agency has treated you unfairly, the Financial Ombudsman Service can offer assistance and mediate disputes.
- Individual Voluntary Arrangement (IVA): An IVA is a formal agreement between you and your creditors to repay your debts over a set period. This can be a viable option if you are struggling to manage multiple debts.
- Business Sectors: Business owners can seek help from sector-specific organisations, such as the Federation of Small Businesses, to navigate financial challenges.
Remember, Opos Limited is a legitimate debt collection company with the right to contact you about outstanding debts. However, if you are facing financial difficulties, seeking assistance and support can help you manage your situation more effectively and avoid further complications.
How can we help? #
Every customer we assist is asked to leave a review. Some customers have provided very detailed feedback about how they have been helped and how it has changed their lives in a short time. These reviews are your chance to see the difference!
We work with many different debt solutions as well as a large number of debt companies. You will always find the best solution for you, regardless of your situation. We aren’t tied to any company so we can do our best to make sure you only repay what you owe.
Testimonials #
“Thanks so much to Ethan & Matt for guiding me through the initial process. They were professional, informative and highly supportive.““Good advice and very helpful.““Very helpful and supportive of my situation no judging talked me through the process very professional.”
Do you owe money to Cabot Financial? #
Senior Debt Specialist at IVA Advice #
I am a Debt Specialist with over 10 years of experience working with FCA Regulated Finance Companies in the insurance, credit card, loan and debt industry.
I am very familiar with The Civil Enforcement Association and the High Court Enforcement Officers Association and I have written extensively on debt matters.
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