Suppose a debtor had an old debt that they forgot about, £2,000 say. A DCA sends them a letter asking for payment. I reckon the DCA would get at least £100 of that.
So what would a DCAs answer be if the debtor offered to either settle the debt immediately for £1950 or refuse to pay anything at all until a judge awards a CCJ?
Would they accept that, still making a profit or would they put time and effort into going through with legal proceedings which would undoubtedly cost them a lot more than £50?