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Settlement figures pt2!!
bigt777
Posts: 33 Forumite
What is the lowest percentage settlement figure anyone's heard of/can i expect??
;)Short pockets long arms!!!;)
0
Comments
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Ballpark figures:
25%-50% if with a DCA
50%-75% if with the original creditor
Some have settled for about 15% though - during the frantic ramble when it all started to go wrong with the banksAfter falling off the gambling wagon (twice): £33,600 (24,000+ 9,600) - Original CC Debt: £7,885.91
Dad Gift 6k ¦ Savings & Inv Tst: £2,500
Loan 10k: £0 ¦ Dad 5.5k: £2,270 ¦ LTSB: £0 ¦ RBS: £0 ¦ Virgin £0 ¦ Egg £0
Total Owed: £2,270 (+6k) 11/08/20110 -
Ive had one dca accept 50% & also the same figure from a direct creditor0
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