paying off debt

[mr.bungle]

under what cicumstances will the government pay off your debt or a percentage of it?

[dzug]

None whatsoever.

You may be confusing this with schemes that allow you to write off your debt, or part of it. But it's written off - the government doesn't pay it for you.

[themas]

A lot of firms are at present promoting IVAs as a means of dealing with debt problems. Some of them are telling people that they can get 75% of the debts wiped out "under Government legislation". This does not mean the Government pays off the debt. IVAs are set up under legislation, but this type of information can be misleading because it is extremely rare for as much as 75% to be wiped out by an IVA. There are also various other problems with IVAs, and they are usually only suitable for people who own property and would lose it if they went bankrupt.

[John London]

Im need to knwo if Im being hit by Debt company MACKENZIE HALL for an old bank debt,can I refuse to pay it untill the remove all the bank charges from as it includes 65% bank charges??
This one sis intertesting