Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
I have an outstanding debt with a collection agency, originally for a Barclayloan, I got in a mess last year, but I am now trying to clear all debt and clean up my credit report.
The amount due is £5000, I was in a position where I could pay some money off, so I offered £2500 to settle the account. They agreed that they would accept £2500 to settle. When I recieved a letter to pay it with, it said £2500 was partial settlement. I emailed and said I had asked to settle it, so where did the partial bit come from, they replied and said they didn't actually say it would be Full and final settlement, partial just means they wont chase me but it will stay on my credit file until the full amount is cleared. Is this right? As i thought if they agreed to accept it it should go on my file as cleared? And also if it stays on my file is there any point in making the agreement in the first place?
a sort of fire-fighting role here. Hate HFC & their past compulsory PPI ethos
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Re: Settlement - advice please!
no
i would never make an F&F to a DCA anyway unless you know they have brought the debt
can you give us a bit of history and have you cca'ed this debt.
if not do so.
dx
GETTING THREAT_O_TEXTS OR SPOOF BAILIFF CALL FROM M T COLLECT read here
7. Thinking of a Full & Final Settlement?Read Here
my views are my own...seek legal advice if ness
NEVER EVER - act on a private message asking you to visit another website, make contact 'off list' or by telephone
- alert the siteteam IMMEDIATELY by hitting the black warning triangle on any message - Particularly if this results in a request to pay a fee to help you.
rather than hittting to be my friend - hit the star
7. Thinking of a Full & Final Settlement?Read Here
my views are my own...seek legal advice if ness
NEVER EVER - act on a private message asking you to visit another website, make contact 'off list' or by telephone
- alert the siteteam IMMEDIATELY by hitting the black warning triangle on any message - Particularly if this results in a request to pay a fee to help you.
rather than hittting to be my friend - hit the star
I would contact the main creditor directly in writing, and explain what has happened, and inform them you are trying to clear your debt and are willing to clear the debt by way of a possible f & f, and see what the lowest is that they are willing to accept.
7. Thinking of a Full & Final Settlement?Read Here
my views are my own...seek legal advice if ness
NEVER EVER - act on a private message asking you to visit another website, make contact 'off list' or by telephone
- alert the siteteam IMMEDIATELY by hitting the black warning triangle on any message - Particularly if this results in a request to pay a fee to help you.
rather than hittting to be my friend - hit the star
Settlement - advice please!
settlement, partial just means they wont chase me but it will stay on my credit file until the full amount is cleared. Is this right? As i thought if they agreed to accept it it should go on my file as cleared? And also if it stays on my file is there any point in making the agreement in the first place?
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