Who are Ruthbridge?

Ruthbridge is a specialist debt recovery agency based in the UK and were founded in 1994. They work with various sectors including banking, financial services, utilities, and telecommunications to recover debts on behalf of their clients.

Why are Ruthbridge contacting me?

Ruthbridge may contact you if they have been assigned to collect a debt that you owe to another company. They are tasked with recovering outstanding balances and might contact you via phone, letter, or email to arrange repayment.

Is contact from Ruthbridge serious?

Yes, contact from Ruthbridge is serious as it relates to outstanding debts. Ignoring their communication can lead to further action, including potential legal proceedings. It’s important to respond and address the issue promptly to avoid escalation.

Can a Debt Management Plan stop Ruthbridge?

A Debt Management Plan (DMP) can help manage your repayments and potentially stop Ruthbridge from contacting you further. By consolidating your debts into one affordable monthly payment, a DMP can reduce the pressure from multiple creditors and help you manage your finances more effectively.

I have received a letter from Ruthbridge, what does this mean?

Receiving a letter from Ruthbridge indicates they are attempting to collect a debt you owe. The letter will typically outline the amount owed, the original creditor, and provide instructions on how to settle the debt or contact them to discuss your repayment options.

What rights do I have against Ruthbridge?

You have the right to be treated fairly and not to be harassed by debt collectors. Ruthbridge must comply with regulations set by the Financial Conduct Authority (FCA). You can request a detailed breakdown of the debt and verify its legitimacy. If you feel you are being treated unfairly, you can file a complaint with the FCA or seek advice from a debt charity.

Ruthbridge are sending debt collectors to my house, what should I do?

If debt collectors visit your home, you do not have to let them in. Debt collectors from Ruthbridge do not have the authority to enter your property without permission. Verify their identity and contact Ruthbridge directly to discuss your debt and find a resolution.

Will Ruthbridge repossess my home?

Ruthbridge cannot repossess your home unless the debt is secured against your property and they have obtained a court order. Communication with them is crucial to explore repayment options and avoid severe actions like repossession.

What Debt Management Plans can help stop Ruthbridge from contacting me further?

DMPs, Individual Voluntary Arrangements (IVAs), and Debt Relief Orders (DROs) are options that can help manage your debts. These plans consolidate your debts into manageable payments and can offer legal protection from creditors once agreed upon.

What if I can’t afford to pay Ruthbridge?

The first thing to do is to call them and explain your situation as they may offer a more affordable repayment plan. Seeking advice from debt charities such as MoneyHelper and StepChange can also help explore other options.

And if you’d like to speak with an expert advisor about debt solutions, you can contact MoneyPlus today.

Website:
https://www.ruthbridge.com/

Company Info:
We are one of the UK’s leading, specialist debt recovery and tracing agencies with a reputation for delivering an exceptional service. We find amicable solutions that are fair to both our clients and customers. We maintain the highest standards of professionalism and a strong ethical code of conduct throughout all business practices.

Important: Please note that MoneyPlus are not associated with Ruthbridge in any way. The information on this page is provided to help consumers contact their creditors. If you’re finding it difficult to make your monthly payments to Ruthbridge you may need help managing your debt.