I have around £35K of debt to 6 companies, 5 are credit cards and 1 was overdraft.
They are all on a self managed repayments where I am making token payments each month.
They are owned by Link, Intrum, Arvarto and others.
The first of defaults is approaching 6 years in September with them all being 6 years by September next year.
My question is, I am in a position soon to offer some settlements.
The only firm that actually without asking is Intrum who often write offering to settle for 20%.
What sort of figures are realistic?
By the way I have not asked yet for CCA's I intend doing that this month.