Full and final settlements

[ancient spirit]

Can anyone tell me if there are any particular guidelines on offering full and final settlements. For example let's take two hypothetical amounts. Say i or someone else owed 500.00 and i wanted to make a full and final settlement offer, what would be the norm if i were not earning or had little funds. Similarly, if owed 1500 pounds, what would be the expected offer. Are there any guidelines laid down or is it down to creditors

[dx100uk]

http://www.nationaldebtline.co.uk/england_wales/factsheet.php?page=24_full_and_final_settlement_offers

 

i would certainly not

make any F&F before you reclaim everything like unlawful charges/PPI

 

and i pers would never settle

unless:

 

the debt is :

marked satisfied

ALL neg data is removed from your file.

 

else it would be a waste of money IMHO.

 

dx

[ancient spirit]

I would like to look into ppi more but do not have all paperwork relating to anything as a few years ago my roof collapsed in winter and i had a massive flood. Is there any way i can go about this. i thought of writing to the company and offering 5-10% of the balance.

[dx100uk]

then i would sar them first

 

dx

[ancient spirit]

i did sar them and received a one page copy blank on back of a financial agreement then a one page dd copy.

[dx100uk]

was it an sar you sent or a cca?

 

dx

[ancient spirit]

I could send you a copy of what they sent if that would help. Can i pm you.

[silverfox1961]

Hi

If all they sent you was a single page then (on the assumption you sent a SAR and £10) they have failed to comply, you can complain.

 

I suspect you sent a CCA request (with a £1 fee) and this is what they responded with

[ancient spirit]

actually was just a letter detailed below

 

You have contacted me regarding the account with the above reference number, which you claim is owed by myself. I fervently deny this and would point out that I have no knowledge of any such debt being owed to (Hillesden Securities).

I am familiar with the Office of Fair Trading Debt Collection Guidance, which states that it unfair to send demands for payment to an individual when it is uncertain that they are the debtor in question.

I would also point out that the OFT say under the Guidance that it is unfair to pursue third parties for payment when they are not liable. In not ceasing collection activity whilst investigating a reasonably queried or disputed debt you are using deceptive and or unfair methods. I take this as personal harassment and as I am not in good health, I have noted this as such. Furthermore ignoring and disregarding claims that debts have been settled or are disputed or continuing to make unjustified demands for payment amounts to physical/psychological harassment, which I have noted in this case.

I ask that no further contact be made concerning the above account unless you can provide evidence as to my liability for the debt in question. I require fully signed contracts in my handwriting.

I await your written confirmation that this matter is now closed. Otherwise I will have no option but to make a complaint to the trading standards department and consider informing the OFT of your actions.

I look forward to your reply.

 

[dx100uk]

no please keep things on thread

 

use:

 

scan the required letters/agreements/sheets

as a picture file

remove all pers info inc barcodes etc using paint

but leave all figures and dates.

goto one of the many free online pdf converter websites

convert the image to pdf format.

or if you have PDF as an installed printer drive use that

or use word and save as pdf

open a new msg box here

hit go advanced below the msg box

hit manage attachments below that box

hit the add files button on the top right

hit select files, navigate to your file on your pc

hit upload files

NB:you can set where it goes in the post by hitting insert inline.

the hit reply button

dx

[ancient spirit]

I was going to email them this now. I am in no position to print anything out at the moment. I need to respond by a certain date or they will take legal action.

 

Dear Sir,

 

 

With reference to the above, I am afraid that even with the documentation you sent I cannot agree this is the correct amount of this debt and I admit no liability at this present time. I have received your letter and will be responding by land mail this week.

 

Kindest Regards,

[ancient spirit]

is this ok?

[dx100uk]

I was going to email them this now. I am in no position to print anything out at the moment. I need to respond by a certain date or they will take legal action.

 

Dear Sir,

 

 

With reference to the above, I am afraid that even with the documentation you sent I cannot agree this is the correct amount of this debt and I admit no liability at this present time. I have received your letter and will be responding by land mail this week.

 

Kindest Regards,

 

quite frankly you are letting them dictate things here..

 

where did you get the idea from that you have to reply by a certain date?

 

they have NO LEGAL POWERS to do anything to you.

 

you control things like your money NOT THEM.

 

please do some reading.

 

dx

[ancient spirit]

The company is Nolans Solicitors in Glasgow, i do not know if they are actually solicitors so what should i do?

[dx100uk]

they are tame solicitors for hire by spoofing dca's

 

ignore them

 

dx

[ancient spirit]

should i send nothing then and wait for their next move or a sar request.

[horsemad1]

If you wish to respond to their empty threats and they I would send them this:"I refer to your letter of xxxxx, the content of which is noted. No debt to your client is acknowledged.On xxxx I made a formal request to your client pursuant to s.78(1) of the Consumer Credit Act 1974. They have failed to comply within the statutory time limit, or at all. It should not be necessary to have to remind solicitors that the provisions of s.78(6) now apply.In the circumstances, your/your clients threat of legal action would appear to be a breach of the Consumer Protection from Unfair Trading Regulations 2008 and the Office of Fair Trading Guidance on Debt Collection. Should you or your client bring proceedings, they will be robustly defended, and the Court's attention drawn to the above statutory breaches . Furthermore, I reserve the right to bring the conduct of your client to the Court when the issue of costs is being considered".