Robinson Way Full and Final Settlement Help

[mothsinmywallet]

Hi all,

 

Abbey debt bought by RW (debt £1840)..... bank acct so cant CCA...... SAR and £160 charges possible to reclaim (paid £10 for SAR and only got 1 spreadsheet detailing charges over last 6 years + they say involved in court case with OFT so can only go through their own internal complaint dept.)

 

So not much luck in getting rid of so only real option is a F&F settlement with RW. The default will drop off next Feb when 6 years from default expires.

 

As the debt has been bought and they prob paid about 10% of debt what have peoples experiences been with RW and settling??

 

Any help greatfully appreciated.

 

Many thanks

[cadencealex]

Offer them 20%

 

They will have doubled their money then - but do it in writing

 

You want to offer something reasonable so they are more likely to agree and you can begin to improve your credit file

[mothsinmywallet]

Cheers

 

The account has charges on it, I've heard that it is unlawful to send a default notice whilst charges are still present on the account. Anybody heard anything similiar??

[cadencealex]

Cheers

 

The account has charges on it, I've heard that it is unlawful to send a default notice whilst charges are still present on the account. Anybody heard anything similiar??

 

 

Yes and it is unlawful to default you when the account is made up of charges.

 

Bear in mind, when you settle this with a payment you will only see partial settlement on your credit file, and not 'satisfactory'.

 

If I were you I would send the 'Account in Dispute' letter and claim your charges back and in the mean time just pay what you can afford.

 

 

 

EDIT: I see it drops off next Feb.. have you tried the CCA letter?