Offers Prepared, Your thoughts?

snowball1_2

Hi guys, just written and prepared some letters to the majority of my creditors to be sent tomorrow morning recorded delivery.

Here are my offer...

1. Link Financial
Owe: £4,100 - Offered: £800

2. HFC Bank
Owe: £1,934 - Offered: £400

3. C L Finance
Owe: £710 - Offered: £180

4. Collect Direct
Owe: £529 - Offered: £160

5. Capital One
Owe: £495 - Offered: £150

6. MBNA Credit Card
Owe: £464 - Offered: £150

7. Argos
Owe: £404 - Offered: £125

8. Barclaycard
Owe: £295 - Offered: £85

9. Style Financial
Owe: £174 - Offered: £55

What do you think guys, do you think any will accept?

Buffythedebtslayer

Hello, haven't got much advice to offer, just didn't want you to drop off the front page.

hope some one experty sees it now!

xxx

snowball1_2

Buffythedebtslayer wrote: »

Hello, haven't got much advice to offer, just didn't want you to drop off the front page.

hope some one experty sees it now!

xxx

Thanks appreciate it

CLAPTON

Impossible to say without knowin the general financial situation

are the debts already defaulted
if so when
are they with DCA
are you currrently paying anything each month
do you have assetts?

sarriep

Just wanted to say best of luck! Keep us posted to let us know how you're getting on!
Sx

snowball1_2

CLAPTON wrote: »

Impossible to say without knowin the general financial situation

are the debts already defaulted
if so when
are they with DCA
are you currrently paying anything each month
do you have assetts?

Out of all of them 3 have defaulted and equally 3 of them are with DCA's. I am paying each of them £5 a month and have been doing for around 15 months with cccs on a dmp.

I have no assets, live with parents...

What do you think, based on above?

cheets99

No wonder the world economy is in the state it is if you can get away with taking out so much debt and offering to pay back so little, shocking.

I owe half what you do, live at home and paying it all back and working part time and going to college at 25

isgman

Cheets99, I think you protest too much, neither you nor I know why “Snowball1” is in this financial situation, which brought on the need to write to the creditors with an “offer”, it surely is better to make an Offer than to burry ones head in the sand and not even try. This site is not here to “judge” others but is here to give mutually help and support when we can, Whilst I fully applaud your repayment plan, it is not always possible for the same “plan” to work in every case.. So let’s not castigate people for what they are trying to do, let’s get together and support each other. (End of sermon)

snowball1_2

isgman wrote: »

Cheets99, I think you protest too much, neither you nor I know why “Snowball1” is in this financial situation, which brought on the need to write to the creditors with an “offer”, it surely is better to make an Offer than to burry ones head in the sand and not even try. This site is not here to “judge” others but is here to give mutually help and support when we can, Whilst I fully applaud your repayment plan, it is not always possible for the same “plan” to work in every case.. So let’s not castigate people for what they are trying to do, let’s get together and support each other. (End of sermon)

Thanks, did feel like I was been judged in that message by cheets99

Anyone else fancy commenting on my proposals?

GirlRacer_2

Hi snowball1 sorry I can't offer any sound advice but good luck with your offers. Please keep us informed on your situation.

snowball1_2

GirlRacer wrote: »

Hi snowball1 sorry I can't offer any sound advice but good luck with your offers. Please keep us informed on your situation.

Will do thanks for your support