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 received an offer letter from Credit Security Ltd for Lloyds reducing the debt by a reduction of 60% from the outstanding balance following a chase up letter about my agreement. This offer is for Full and final settlement and must be paid in a week. Wish I had that kind of money right now lol.
This happens to be a loan on which a signed agreement has not been produced to date despite a SAR and numerous letters.
Not sure what to do with this one to be honest accept the reduced amount and negotiate a payment plan leading to final settlement or do nothing for now and see what happens.
I feel a moral obligation to resolve things amicably because it is my debt but Lloyds have been less than helpful in helping with anything to date on three products I have with them plus bank charges. I'm sure that's not the first or last time you will hear that.
Lloyds Loan Reduced Settlement offer
reducing the debt by a reduction of 60% from the outstanding balance following a chase up letter about my agreement. This offer is for Full and final
settlement and must be paid in a week. Wish I had that kind of money right now lol.
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