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How much money on top of a debt are creditors allowed to charge?
Help please. I had a dept of £1000 with a solicitor. I had been unable to pay it so the solicitor threatned to make me bankrupt. I offered to pay him £800 off the debt, which he has now accepted to stop the bankruptcy, but he says the charges on the debt now make the total debt £3400. Is this legal? What is the law about charging additional fees on top of an original debt? I feel my hands are tied and I am trying to improve my position, but this is extortionate. any advice please.

Hello Elizabeth