How Do I Find Out If I Owe Money To A Bank

Other ways to find out near your debts

Bank check messages and emails from creditors

Y'all should check whatsoever messages or emails you take, to see if they have data nearly what you owe, such every bit account numbers and balances.

If y'all've changed address and didn't update your creditors, you could try and observe out whether any mail service went to your previous address by asking the new occupiers, landlord or agency, or providing them with a forwarding accost if possible.

Go in touch on with your creditors

If you remember taking out debts to specific creditors, contacting them can be one of the easiest ways to get more data. While contacting creditors can seem a scary prospect, it'll help you discover out more than about your debts.

You lot can also explain to creditors that you're looking to bargain with your debts, and ask them to give you some animate space, past agreeing to a temporary payment holiday, while you find out more and seek help and communication.

Read our guide to making a budget to testify your creditors what you can afford to pay them.

Sometimes debts are passed to debt collection companies, who accept over the ownership of the debt from the original creditor. Notwithstanding the original creditor should have a record of this and will exist able to provide you details of who the debt is now with.

Check your banking company account statements

Virtually payments for debts are taken from your banking company account either by straight debit, standing lodge or using your debit card. If you lot employ online banking or accept copies of old statements you can check these, or ask your banking concern for assist. A proficient place to search is the list of cancelled direct debits, every bit this might incorporate useful data.

Banks may simply prove recent statements in your online banking account, and may accuse for copies of older statements.

Find HMRC, council tax, CSA and benefit overpayment debts

To aid you discover debts owed to government departments or agencies such every bit HMRC (Her Majesty's Revenue and Customs), local authorities and the Child Back up Agency (CSA), you'll need to become in touch with the correct agency or department. We've listed some useful contacts here:

HMRC
Find your local quango
Child maintenance and CSA
Benefit overpayments
Department for Work & Pensions (DWP)

Read our guide to dealing with council taxation arrears.

Should I wait for creditors to contact me well-nigh what I owe?

If yous tin't find any information about your debts from your credit file, letters, correspondence, or bank statements then your only pick is to wait for creditors contact you.

Creditors will apply your last known address or the address on your credit file to find y'all, and so continue these updated. Specialist tracing agents tin also be employed by debt collection agencies or creditors to observe you.

Some people deliberately avoid repaying debts or contacting creditors, in the hope that either the debts go away or creditors surrender. This is almost guaranteed to make your situation worse equally information technology risks further court action against, and the balances of the debts could keep going up.

We'd but propose waiting for creditors to contact you lot every bit a concluding resort.

Source: https://www.stepchange.org/debt-info/dealing-with-debt-problems/finding-who-I-owe-money-to.aspx

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