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Debt Managers trying it on with F & F
debtdafty
Posts: 7 Forumite
Phoned them last week - told me that offer I made Droyds (who the debt was with before) was not acceptable but that the client normally gives 25% discount for F & F. I agreed to the new figure in F & F and asked for a confirmation letter. Letter came today but said it would be accepted in 'partial' settlement! I phoned and was at first told that that was how they do things and that the debt would in fact be settled. I argued the point that legally the wording should say 'in full and final settlement' . The guy then said that I will never get that from them! I've just now written to DM relating what was agreed last week and asking what was the logic in refusing my offer of a F & F when I could only afford £5 per month and that no court would award a higher instalment. At that rate it will take me over 250 months to pay the debt! I'm sending the letter today with a postal order for £5 and have told them that if they refuse the offer this time then I will continue to pay £5 a month. Have they done this to anyone else - changed a F & F to a partial hoping of course we'll be thick enough to fall for it?
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Comments
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Just giving this a bumpPROUD TO BE DEALING WITH MY DEBT NERD #869
DFD 5/1/16Numpty,Not sure why but I'm crying
. Of all the peeps on this board you're the kindest & most supportive of all & I'm :mad: & 
for you all at the same time . Wish I was there to give you a big :grouphug: & emergency hobnobs
xx0 -
Didn't get round to posting letter today so anything anyone thinks I should add to the letter would be useful.0
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Just curious - what is the debt for? Would it be possible to request a CCA (not for overdraft)After falling off the gambling wagon (twice): £33,600 (24,000+ 9,600) - Original CC Debt: £7,885.91
Dad Gift 6k ¦ Savings & Inv Tst: £2,500
Loan 10k: £0 ¦ Dad 5.5k: £2,270 ¦ LTSB: £0 ¦ RBS: £0 ¦ Virgin £0 ¦ Egg £0
Total Owed: £2,270 (+6k) 11/08/20110
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