£15k in Paypal chargebacks am i screwed?

lundi 30 mars 2015

In a nutshell.. my PayPal Pro business account is now in arrears of £15k due to 3rd party fulfilment issues.

I'm now recieving letters from CreditSoutions DCA. im not sure if they've bought the debt from PayPal or have simply been engaged on their behalf for a fee to collect the amount outstanding.

Depressed isn't the word... i feel like the've got me by the gonads and are beginning to squeeze..



I have no money or assets whatsoever now... so they really would be wasting their time chasing me, but i guess just telling them this isnt going to make them go away.

If it comes to it and they threaten bankruptcy..then understandably it's going to be devastating..

I've not responded in any way yet,as i thought i'd see if any guys here have had anything similar?

I really would appreciate advice on how to proceed.



Thanks in advance





£15k in Paypal chargebacks am i screwed?

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