Final settlement offers on very very small debts?

wayout84

I owe £60 to MBNA credit card and £100 on a co-op overdraft (i'm paying them back £1 a month at the mo each) and my circumstances are not likely to change at the mo due to my husbands terminally ill

I'm being given a small amount of money (£200) and would like to get these paid off

Do you think they'd accept a final settlement offer for these debts??

If so, what should I offer?

Thanks in advance:beer:

HappyMJ

Nothing...Keep the money and spend it on your husband.

pepe2008

Absolutely, treat yourselves, he's more important than anything else. If you've explained the situation to the Card Firms involved I'm surprised that they've not written such small amounts off!

wayout84

Really? Might they consider writing it off if I explain my circumstances??

wayout84

Anyone?

Thanks again in advnace:beer:

mrs:optimist_2

wayout84 wrote: »

Really? Might they consider writing it off if I explain my circumstances??

If you haven't explained your circumstances to them then I would definitely do so. My dear friend (who passed away from MS 3 years ago) had some debts written off including his large mortgage (although that was paid by insurance, so not actually written off, but a couple of smaller debts were) so it's worth letting them know just in case.

Hugs

wayout84

Thanks

I phoned co-op and they said they'd settle it for £94 (i owe £100!) and said errrr no, and they said to write in with my offer and proof of circmstances....so I've done that..... i'm not hopeful though

I also have written in to MBNA...

fingers very very very crossed

mrs:optimist_2

wayout84 wrote: »

Thanks

I phoned co-op and they said they'd settle it for £94 (i owe £100!) and said errrr no, and they said to write in with my offer and proof of circmstances....so I've done that..... i'm not hopeful though

I also have written in to MBNA...

fingers very very very crossed

I have everything crossed for you xxx

Shoe_Gal

Hope it works out - sounds like you deserve some good news :A