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Your Opinions Please
Miss_Poohs
Posts: 630 Forumite
As you prob all know, my husband ran up a mega debt without me knowing - £82000!!!
He went into a DAS (we're in Scotland) 18 months ago and is paying £530 per month.
We may be in a situation in the next year to make some kind of offer to his creditors - with this in mind I phoned the man that we arranged the DAS through, to ask his advice about full and final settlements.
Have to say I'm surprised.
He was talking in the region of 50 - 65% offer on each debt - I thought that was very high.
The debts are with
Northern Rock - thats the biggest
Bank of Scotland
Halifax
Marks and Spencer
Lombard
Egg
I was hoping to offer in the 25 - 35% region.
Can I have your opinions please?
He went into a DAS (we're in Scotland) 18 months ago and is paying £530 per month.
We may be in a situation in the next year to make some kind of offer to his creditors - with this in mind I phoned the man that we arranged the DAS through, to ask his advice about full and final settlements.
Have to say I'm surprised.
He was talking in the region of 50 - 65% offer on each debt - I thought that was very high.
The debts are with
Northern Rock - thats the biggest
Bank of Scotland
Halifax
Marks and Spencer
Lombard
Egg
I was hoping to offer in the 25 - 35% region.
Can I have your opinions please?
Don't try to keep up with the Joneses - Drag them down to your level - it's cheaper . 
0
Comments
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Hi Miss Poohs, I'm afraid I know very little about full and final settlements so I can't offer any advice. I just thought I'd give your thread a wee bump and see if any-one else can offer some useful advice.
Good luck.Jan10: 28,315.81 Jan11: 18,015.32 Jan12: 7,682.58 Jan13: 2,987.73 Current debt: 1,225.55
HFC [STRIKE]1896.10. [/STRIKE] 225.55 SLC2 [STRIKE]5123.34[/STRIKE] 0 Others [STRIKE]2085[/STRIKE] 1000 Bcard [STRIKE]1172.60[/STRIKE] 0
Mike's Mob0 -
Bumping this up to look for opinions.Don't try to keep up with the Joneses - Drag them down to your level - it's cheaper .0
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Miss Poohs, if you are getting no joy, pehaps post again with full and final settlements in the title?
Good luck
. Jan10: 28,315.81 Jan11: 18,015.32 Jan12: 7,682.58 Jan13: 2,987.73 Current debt: 1,225.55
HFC [STRIKE]1896.10. [/STRIKE] 225.55 SLC2 [STRIKE]5123.34[/STRIKE] 0 Others [STRIKE]2085[/STRIKE] 1000 Bcard [STRIKE]1172.60[/STRIKE] 0
Mike's Mob0
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