What is the minimum payment a debt collector must accept by law?

It is true that you can make payments of £1 per month if that is all you can afford as that is exactly what I do. The citizen's advice bureau offer great advice as well. Eventually they may take you to court and get a CCJ issued but if your on a low income or can't afford to much they only make you pay a low amount and the company has to accept it whether they like it or not.

Hiya Jessica

Unfortunately there are no laws concerning the minimum payment that must be accepted by your creditors .The sums you offer as part payment to your debts must be accepted by them .if they decline the offer then it is , if you fail to pay this , up to a court to decide whether you are making fair offer to clear your debts .It often helps if you can include , in writing , an outlay of the moneys you coming and going from your household to the people you owe moneys to to give a full insight of the difficulty you have in paying more than you have offered . Any judge in the land knows that you cannot get blood from a stone , therefor it will be frowned upon if a debt collector is asking for more than you can " legally " afford to pay. If i were you i'd try contacting Citizens Advice for a more accurate state of play as far as where you stand is concerned .One thing i would say though is give any debts to local authorities , if you have any , top priority .They are the only ones that can make life for you incredibly difficult as far as arresting wages , eviction notices etc etc are concerned .Hope this helps and good luck .

set up the direct debit have the funds ready if thy don't collect and you receive further letters go to cab tell them the problems you have had and that it has caused you stress see the doctor to confirm this as i think this would cause stress to a single mum get cab to help you sort out a repayment plan that sue ts your fiances once you have put in place a repayment schedule then take them to court and sue them for the stress it has caused you by them not accepting your payment in the first place and hassling you unnecessarily make a note of all the dates and times and names of the contacts you have made with this collection agency good luck and nail the b=ds

Go here now:

http://www.payplan.com/

There is no payment that they HAVE to accept by law but you just have to show a willingness to get it paid off. It is unlikely they will accept a £1 a month but Payplan can negotiate on your behalf and because they are part-run by the creditors anyway, they are well known and trusted. They are also completely free.

here is a bit information you can make any offer of payment e.g 1p it is an offer they don't have to take it, but refusal means u no longer owe the debit as this is your offer and you pay what you want, no debit collection company can take you to court as they have bought the debit and this comes under the bills of exchange act, e.g you buy the debit it your debit, they don't have any proof of claim or signed agreements which is legally debit by deception.

IT's an urban myth that as long as you send in some money, they a) have to take it and b) can't sue you.

C'mon. If you can't pay the minimum amount due per month, you are wasting their time and yours.

in UK go to citizens advice bureau for free advice and help, take all details of your debts, bank details, mortgage rent, council tax etc they will help you, don't delay, do it now,