We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Mrs
Options

daisyjay123
Posts: 1 Newbie
I am to be made redundant and am already on a debt management programme. I wish to pay my debts off with my redundancy money, would it be acceptable to ask for a settlement figure from my debtors? Is there a standard letter that I could adapt for this?
0
Comments
-
Go to the DebtFree Wannabe's section of the forums. You will get good advice. You need to be canny about how you do it - not favouring any one of them - but getting them all to bid against each other for the money you do have.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
-
You may want to offer monies on a pro rata basis in full and final settlement. I would suggest taht you get someone such as CAB to write the letters for you as they may be able to get the address of those who can make these decisions rather than a call centre in Asia0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.7K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.4K Spending & Discounts
- 243.7K Work, Benefits & Business
- 598.5K Mortgages, Homes & Bills
- 176.8K Life & Family
- 256.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards