Full and final settlement with Blair, Oliver and Scott - please advise!

edinburgher

Hi all :j

I currently have two outstanding debts with Blair, Oliver and Scott and have been working very hard to clear them since c. 2005. I've made regular payments for 3+ years without missing a payment and have upped my payments where possible.

By really forcing myself to save, I believe that I may be in a position to offer full and final settlements for both debts by next summer and would like some specific advice on certain aspects of the process:

1. I can't actually figure out whether my debt still rests with HBOS or BOS! I've been told that BOS are collecting my debt, but have nothing to prove that they are a distinct entity!
2. Does the fact that I've made regular payments over multiple years mean that they're more or less likely to accept my offer? Any thoughts would be appreciated. I should add that I'd still have 4+ years of payments to go next summer (if I stick to the current amounts!)
3. Further to my first question/point - if they are in fact a direct tool of HBOS, does this mean that they're far less likely to accept a 'reasonable' offer?

savingholmes

Don't know the answer - but I thought I'd help you bump it..

edinburgher

savingholmes wrote: »

Don't know the answer - but I thought I'd help you bump it..

Thanks for that - it's greatly appreciated! Would love to get some feedback from those in the know Have PMed someone who had !!!!!! offers accepted with B, O & S, so will see if they get back to me.

Deep_In_Debt

I know that BOS are in house collectors for Hellifax and collect for Sainsburys. I've just recently offered a f&f on my Sainsburys with them - not the best, but wanted rid of it.

I have personally found them quite difficult on the F&F side - they refused to mark my file as settled but partially settled. Just my experience though. I shall shortly try them on my Hellifax one and see what I come up with.

good luck with them.

carolbee

I am in a very similar position, having made regular payments over the last 3 years or so, without missing a payment.

I would be interested in knowing if this counts for or against them accepting a F&F.

Deep_In_Debt

I never missed payments with them either and never had a problem with them during that time but I still found them difficult to negotiate with in terms of f&f.

edinburgher

Deep_In_Debt wrote: »

I never missed payments with them either and never had a problem with them during that time but I still found them difficult to negotiate with in terms of f&f.

But did you get a result in the end?

I have personally found them quite difficult on the F&F side - they refused to mark my file as settled but partially settled.

That would seem to be par for the course - there's a good post on this site about why it's perfectly ok for debts to be listed as partially settled (as long as they show the £0 balance clearly). After all, we're not paying back all that is due.

Regardless (and I know this is me being overly melodramatic!) I think I've more than paid them back in worry, sleepless nights and reliable repayments over the last 3-4 years

I am in a very similar position, having made regular payments over the last 3 years or so, without missing a payment. I would be interested in knowing if this counts for or against them accepting a F&F.

I think I will just have to wait 'til June and find out

10past6

I suggest you do a CCA request, if they are unable to produce a valid CCA, it may well go in your favour for a F&F

If they do produce a Valid CCA, you've lost nothing, you could still make a F&F offer.

edinburgher

That's true, but I'm very sure that they are collecting the debt legitimately on the behalf of HBOS - it's their murky status that I'm more interested in

Broken_hearted

Halifax are very good at having CCAs one of the most organised.

Anyway we were offered £2,500 on a debt just over £3,000 so they will be staying on £1 a month.

Taygal82

What do you mean by 'murky status'? BoS is a trading name of HBoS. Why don't you wait til 12 January and then see what the almighty Lloyds TSB/HBOS beast will accept!