Full and final settlements

[broccoli_greens]

Hi all,

 

I'm considering a full and final settlement offer to creditors after saving up some money over the past few months. The total available is only 20% of total debt which is unlikely to get me anywhere.

 

I am in a position to make a F&F offer to two or three creditors however. Is this likely to work out, or will they want to see a complete list and a pro-rata calculation based on the total size of the funds available?

 

Thanks,

broccoli

[dx100uk]

they have no business seeing any of your fin details.

 

have you CCA'd those you are considering an offer too?

 

bit more info on who has your debts etc would be useful too

 

dx

[Dotty50]

Hi BG

 

I have tried with my Halifax CC but to no avail. I see you have one with them too.

 

http://www.consumeractiongroup.co.uk/forum/getting-out-debt/200906-halifax-cca.html

 

D50

[gezwee]

Don't forget to mention in your F&F thats its only by way of a generous family offer of assistance that you are able to offer such a substantial sum.

 

Sorry in advance if that sounds like I'm teaching you to suck eggs but some do forget to make note of that line.

 

Gez

[broccoli_greens]

Thanks folks, nothing to lose by giving it a go I guess.