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Final Settlement
Deep_In_Debt
Posts: 8,579 Forumite
Hi everyone
Silly question time! I'm on a dmp with CCCS at the moment. One of my creditors, Sainsburys Bank have passed my debt onto Blair, Oliver & Scott; they've been largely pretty good and left me alone - unlike other DCA's who want my blood :mad: . This is an unsecured personal loan that I've never missed payments on, even before my DMP. My outstanding balance is £1,292.37. I've been given some money - £600 roughly - from various relatives for my recent birthday and a friend has just paid me some money that they owed from some time ago. This is my smallest debt.
Is it worth me offering BOS a settlement? I was thinking of starting at £400 and going from there. Does this seem sensible?
This is only a "drop in the ocean" as I owe about £20k in total but every little helps. I will get it in writing that it will be a full and final settlement before I pay. BOS have been good quite accommodating so far, so am hoping I can negotiate with them. Just wondering whether folks think this is a good idea?
Silly question time! I'm on a dmp with CCCS at the moment. One of my creditors, Sainsburys Bank have passed my debt onto Blair, Oliver & Scott; they've been largely pretty good and left me alone - unlike other DCA's who want my blood :mad: . This is an unsecured personal loan that I've never missed payments on, even before my DMP. My outstanding balance is £1,292.37. I've been given some money - £600 roughly - from various relatives for my recent birthday and a friend has just paid me some money that they owed from some time ago. This is my smallest debt.
Is it worth me offering BOS a settlement? I was thinking of starting at £400 and going from there. Does this seem sensible?
This is only a "drop in the ocean" as I owe about £20k in total but every little helps. I will get it in writing that it will be a full and final settlement before I pay. BOS have been good quite accommodating so far, so am hoping I can negotiate with them. Just wondering whether folks think this is a good idea?
Debt 30k in 2008.:eek::o Cleared all my debt in 2013 and loving being debt free 
Mortgage free since 2014
Mortgage free since 2014
0
Comments
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Sorry, realised I put this on the wrong board. Having a blonde moment. will move it to the DFW boardDebt 30k in 2008.:eek::o Cleared all my debt in 2013 and loving being debt free
Mortgage free since 20140 -
No worries DID. Good luck with all. hope you manage to sort it.BSCno.87The only stupid question is an unasked oneLoving life as a Kernow Hippy0
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