Full & Final Settlements-anyone negotiated with these guys?

welshlass111

Hi everyone,

I have been reading the posts about F&F with interest - I have a DMP with CCCS going back four years or so and a lot of my debts are over six years old (head in sand syndrome im afraid!)

A combination of some inheritance money and a bonus at work have left me with quite a lump sum and I am seriously considering making full and final settlements offers to my creditors - I just wondered what sort of settlement percentage people have had with any of the following (i.e. how flexible they are!)

Westcot
Bank of Scotland
Barclays
Buchanan Clark & Wells
Lloyds TSB
Moorcroft
Royal Bank of Scotland

Any help very much appreciated, with tales of experience also useful!

Thanks for all your help!!

Broken_hearted

Wescot are slow but I got them to settle for just over half. Natwest settled for one third. Moorcroft are a nightmare they are only willing to go down to ninety % but I'm still trying.

vwman_3

I have been trying to sort out a full and final settlement with Barclays on behalf of my step-son who now lives abroad, he owes approx £4500, it's been very hard to get anything in writing from them, anyway, they will not budge from the full amount and up to last week the debt together with interest/costs has grown in the last 6 months up to £6800