Full & Final Settlement offered - typo on agreement letter

Miss_Bibble

I don't know. My thoughts are if they had made an error on the letter they shouldn't of cashed the cheque - more contacted my mother and said "Error on letter, you actually owe us "x" please forward the total amount." Or something like in HSBC words!

Of course they may have cashed the cheque and now be in the process of writing a letter that will request the additional amount - even though they have a signed document agreeing to their request for the amount on the cheque.

If she hears nothing by the middle of March she's going to write to request confirmation that her accounts have been closed.

pink_princess

Im sure some-one on here is more knowledgeable but i would think ,if the cheque is cashed then its binding as acceptence.Hopefully some one will come on and know for sure.

Miss_Bibble

pink_princess wrote: »

Im sure some-one on here is more knowledgeable but i would think ,if the cheque is cashed then its binding as acceptence.Hopefully some one will come on and know for sure.

That's the hope...

ampersand

Thankyou for update mb - I'm back on breath-bated mode.
Fingers very crossed for your maman and Favourables from the experts here.

fatbelly

Not, strictly speaking, legally binding.

However, if the creditor was to attempt any form of action against this account she now has a letter stating this amount would be accepted in settlement and evidence that they cashed the cheque (one hopes) without comment or objection.

I think she should now assume the matter is closed and not make further contact.

ampersand

fatbelly wrote: »

Not, strictly speaking, legally binding.

However, if the creditor was to attempt any form of action against this account she now has a letter stating this amount would be accepted in settlement and evidence that they cashed the cheque (one hopes) without comment or objection.

I think she should now assume the matter is closed and not make further contact.[/quote]
##################
This feels absolutely right, fatbelly.
I'm assuming a professional input informs your post - it's Sleeping Dogs Hour.
Let mb's maman put the remainder wherever Martin suggests gives best possible interest in the meantime.

fatbelly

Had a quick look at the Debt Advice handbook before posting

Miss_Bibble

ampersand wrote: »

Let mb's maman put the remainder wherever Martin suggests gives best possible interest in the meantime.

Yep - that's what she's going to do.

cherrylips30

Hiya - what a stroke of luck!
Can you send some my way please......:rotfl:

10past6

The creditor would have to produce an agreement that such a huge debt existed.

Sleep well