just found the forum here - everything looks great and I felt that it would be a great place to get reliable advice, so here I am!
I'm currently being threatened by US debt collectors, but I'm in the UK.
i got a credit line from a US advertising company which I began using to promote my business ( as a sole trader ).
Unfortunately, things didn't go too well, as their ad inventory wasn't good ( common knowledge, apparently ).
they've started sending me invoices, and now I'm about 5 days late on the first payment of just over $500.
The ad company has now told me that unless I confirm that I'm making the payment within the next two days,
they're passing it on to their 'outside debt collection agency'.
They also said that their collectors have a great track record of recovering debts, even from people outside of the US.
I just felt that I was being intimidated and they refused to give me more time to pay.
They then said that I would be liable for the expenses of the collection agency on top of the actual bill itself.
Realistically, what can they do, seeing as I'm a British citizen and they're in the US?
There was no contract, just a basic written agreement ( which they didn't keep themselves - they were supposed to extend me $5000 of ad credit, then bill me 30 days afterwards ).
Advice would be greatly appreciated!