We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
Moorcroft Full Final
morgan2003
Posts: 6 Forumite
Hiya sent Moorcroft a full final for £2267.65 I have received this reply which I am bit sceptical of it says
Further to your recent enquiry I write to confirm we will accept £2267.65 of the outstanding balance as partial settlement of this account and the remaining balance will not be pursued by ourselves.
Please note this offer will only remain open for 10 days and please contact us further.
Bit that worries me is the bit they go we will not pursue, this is a massive saving and is 25% balance so want to do this but could with a tip on what to write back
Thanks
Further to your recent enquiry I write to confirm we will accept £2267.65 of the outstanding balance as partial settlement of this account and the remaining balance will not be pursued by ourselves.
Please note this offer will only remain open for 10 days and please contact us further.
Bit that worries me is the bit they go we will not pursue, this is a massive saving and is 25% balance so want to do this but could with a tip on what to write back
Thanks
0
Comments
-
Make sure you get them to state they will mark your credit file as paid and settled with 0 balance. I would get this in writing before you pay.No you're not a vegetarian if you eat any animal or fish, so do not insult genuine veggies by calling yourself one! :mad:
Thanks to everyone who posts competitions. You are the stars of the board :T:j:T0 -
ok as anyone got a template letter to send my letter writing skills leave a lot to be desired0
-
Looking for weasel words, I would ask if they do not pursue it, then who might they sell the rest on to????morgan2003 wrote: »it says
"Further to your recent enquiry I write to confirm we will accept £2267.65 of the outstanding balance as partial settlement of this account and the remaining balance will not be pursued by ourselves.
Please note this offer will only remain open for 10 days and please contact us further."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 -
DvardyShadow is spot on.
This is not a full and final settlement, neither is it a good partial settlement.
There are 2 partial settlements, one in which the debt is paid and marked partially satisfied on your credit file.
The other is, you pay a chunk of the debt (partial settlement) and they sell on the remainder to someone else!
Whatever you do, do not accept there offer. All they want you to do is pay them a lump sum and they are going to sell the rest of it off to another DCA to ask you for money as you still owe what is left.
Use the NDL and ask for it as a full and final! - http://www.nationaldebtline.co.uk/england_wales/debt_advice.php#6Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.
There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.3K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards