Sphere Legal are one of the largest debt collectors in Australia, if Sphere Legal have contacted you demanding money, then they have purchased an old debt of yours. I am assuming if you are reading this, they have called you, messaged and sent emails/letters to your home. If you decided to ignore them, they would have now escalated their efforts to contact you and the threats have probably started, prompting you to search online for help today.
UPDATE 09/10/19- Click Link for story – I have just beaten Lion Finance and CLH lawyers for a bullied consumer. $35,000 debt and they were threatening bankruptcy in court.Entire debt dismissed and credit file cleaned
Your first reaction may have been, you do not owe the debt, that it wasn’t your fault. However, Sphere Legal will not disappear once they begin chasing you. Once your initial anger has subsided, you need to disperse ideas of suing them, swearing at them, or arguing until they have gone. Now is the time to plan a strategy on how to beat them.
Get rid of Sphere Legal by the end of the month
I beat Sphere Legal 5 years ago on a very large debt they said I owed. I spent 12months of researching commonwealth consumer protection laws, ACCC and ASIC guidelines, I decided to challenge them on 23 key points. Now I started this website to help people feeling trapped and bullied with nowhere to turn. I will gladly help you beat them too, send me an email using the ‘Contact Us‘ form on the right hand side of this page, tell me your situation and Ill help as many people as I can, or simply Click Here
What happens if I don’t pay back Sphere Legal ?
The most effective method is harassment, multiple calls to your mobile and landline all day every day. A favourite strategy is adopting social media. Do you have a Facebook, Instagram, LinkedIn, where one day you listed your previous and current employers? They will call them.
Have you tagged friends in posts when you attended that BBQ last weekend, they will ‘friend’ them, contact and message them. When it escalates, they will contact your work and threaten a garnishee order. When accounts/HR requests to speak to you privately, it can feel like the most desperate and embarrassing situation you have ever experienced at work, until the gossip begins.
How is this all legal you may ask, they bought an old debt for $3000 and out of the blue, years later, they are demanding $20,000, of which $17,000 is pure interest. I can also inform you, that on average, a debt collector purchasing bulk debts from banks and lenders, pay around 10% of face value. The creditors are happy to receive some cash and the collectors add massive profit onto the price before chasing you.
Are they calling you 100 times a day at all hours?
Now you may have already tried to negotiate with Sphere Legal directly, so some important issues you need to realise. Only the head of legal, has the power to negotiate any real results for you. They do not sit behind a desk with a headset on, you do not call the number and have legal answer it.
You do however, get to speak with a commission paid sales agent, who will tell you anything to secure payment over the phone, so they might be able to hit their personal daily target. You only ever communicate with a debt collector in black and white.
It is time these companies are held accountable for their actions and that the regulatory bodies as well as parliament investigate extensively the situation under which they act today.
Delete and Dispute any Defaults on your Credit File with this Free trick!
One unfortunate factor with being in debt, is that Sphere Legal will put a default on your credit file, which will stop you being able to get any credit. So one tactic I would suggest, is to access for free your credit file and have a look for any defaults (tactic can be used for any defaults you have) and if there is, then click dispute next to all of them. I have found many times, companies put defaults on your file much earlier than they legally should, so you can clear your file/improve your credit score today. The free one I used was this one