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Full & FInal Settlement

Just wondered, I am about to try and negotiate with one of my creditors, anyone got experience on how much the following with reduce for F&F, debts are defaulted some 2+ years ago

Alliance & Leicester
Capital One
Natwest

Comments

  • sassi
    sassi Posts: 5,015 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    most go no more than 40% reduction

    most offers i've had have been about 25% reduction.

    capital one offered me 40% reduction - they will offer you less first though you have to really pull on their strings to get the best deal.

    Capital one usually accept reasonable offers.:cheesy:

    i just wish i had the funds available to have been able to actually take up their offers!! _pale_

    GOOD LUCK:beer:
    :heart2::heartpuls:heart2: I WOULD NOT CHANGE MY AUTISTIC DAUGHTER FOR THE WORLD
    ~ BUT I WOULD CHANGE THE WORLD FOR HER
    :heart2:
    :heartpuls:heart2:

    :starmod: Bon Jovi ~ Always :starmod:
    :DHyde Park June 2011 - was AMAZING!! :D


  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    have the debts been passed to DCAs? you have a better chance if they have.
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