Settlement figure

fionamichelle

Anyone got any advice on try to get a settlement figure from a debt collection agencies (lowell)

I can get nearly half of the money of a family memeber but i could do with some advice on getting it, there not co operating by telephone

fiona

DarkConvict

Forget ringing, send a letter.

Mr A N Other
1 High Street,
Newtown,
Kent
R21 4RH
February 24, 2010

The Loan Company
Company House,
Church Street,
Newtown,
Kent,
R1 7HG

WITHOUT PREJUDICE:

Dear Sir/Madam

Re: 4563210025897412

We write with reference to the money which you are claiming on the above account.

We can confirm that we are unable to offer to pay the money which we owe in full.

However, I can raise £_____ and I want to offer this an ex-gratia payment in full and final settlement of the
account. This offer is made on the clear understanding that, if accepted, neither you nor any associate
company will take any other action to enforce or pursue this debt in any way whatsoever and that we will be
released for any liability.

We also request that, if accepted, you will make an entry on a credit reference agency file relating to the above
account as "satisfied" in full.

Payment can be made within 2 weeks of receiving your written agreement of this offer and method of
payment.

We look forward to receiving your reply.

Yours faithfully

Mr A N Other

http://www.nationaldebtline.co.uk/england_wales/debt_advice.php#6