hi dx100uk what do you mean by reclaiming??

i need some advice, i have several debtors due to a recent business liquidation, Whislt it is early stages with Lloyds passing the debt to wescott, i am awaiting several more from Toyoya financial services and 3 others. I am currently unemployed and notice that creditirs will only accept F&F settlements if you are in a dmp or other repayment plan, we are selling our house to raise the money to pay them off but this will only pay off about 75% of the whole debt. Should i wait and enter a dmp or try now and advise a F&F when the house is sold in 8 weeks time. I dont want my credit file damaged so not sure if someone has experience in this area. thank you