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How to decline a settlement offer?


Wissa
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Hi all,

 

This is a new thread as I don't know how to continue on my existing thread.

 

At the end of August I received a letter from Cobbetts offering me £2100 of my £4000 claim. It gave me 7 days to respond but I was away on holiday and the time had expired when I returned to find the letter. I have today received the letter again, giving me a further 7 days. The difficulty I have is that this claim has been going on since June and the 28 days that I initially gave them has long since passed. I have found the letter template to decline the offer but the ending isn't appropriate as I can't say 'My letter before action sent previously indicates that you have until 23/07/06 to respond before Court action commences. You are reminded that there will be no extension to this timescale' so what date is reasonable to put on the end?

 

This is what I have prepared, is it acceptable?

 

Response to settlement offer.

 

Dear Sir,

 

Thank you for your letter dated 05/10/06.

I respectfully decline your offer of settlement and request, once again, that you return to me all charges imposed on this account, totalling £4000.00

 

I will accept the sum offered only as part settlement and on the clear understanding that I will pursue recovery of the remainder, with a County Court claim if necessary.

 

You have until 20/10/06 to respond before Court action commences. You are reminded that there will be no extension to this timescale.

 

I trust this clarifies my position.

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perfect!! thats fine, this is the one thats in the templates section and is very similar to what you wrote, http://www.consumeractiongroup.co.uk/forum/bank-templates-library/25716-rejection-settlement-offer.html

 

you have explained that you will only accept it as part settlement and made it clear you will be pursing the rest, thats all they need to know!

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Hi, I think your letter is excellent! straight to the point, and no messing!

A friend of mine is claiming from NATWEST and is in the same position, would it be possible for her to use your letter? I know there's a similar template letter, but prefer your wording!

Sorry if this seems cheeky, but I think its better to ask, rather than just pinch it. ;)

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