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Very happy but confused?!?!?

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I called Triton Credit Services this morning regarding a 20k debt I owe to Natwest for a professional training loan + overdraft and they told me that the debt was in the process of being written off. I asked the guy what this means, and he said that it will just go as a bad marker against your name, ut other than that you won't owe us anything.

This seems kinda unreal...can anyone elaborate?

Comments

  • PNPSUKNET
    PNPSUKNET Posts: 4,265 Forumite
    w/o their system and sold on. So you wont owe natwest but the new owner
  • Gray-Fox
    Gray-Fox Posts: 312 Forumite
    Hmmm, so you're saying that I'll get letters soon from someone else asking for the money?
  • GeorgeUK
    GeorgeUK Posts: 7,737 Forumite
    That's probably right.
    They wouldn't write-off a debt like that - they'll be getting something for it.

    Are you in a position to make a reduced settlement offer? They may accept this rather than take a lower payment from a DCA that buys it.
    After 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) 11/08/2011
  • Mikeone
    Mikeone Posts: 184 Forumite
    Part of the Furniture Combo Breaker Debt-free and Proud!
    How long have you been dealing with Triton?
    I'm a...I'm a real traditionalist of course
  • Gray-Fox
    Gray-Fox Posts: 312 Forumite
    No, I'm not in that position unfortunately.
  • Gray-Fox
    Gray-Fox Posts: 312 Forumite
    Mikeone wrote: »
    How long have you been dealing with Triton?

    A long time, probably just under a year...say 10 months.
  • Mikeone
    Mikeone Posts: 184 Forumite
    Part of the Furniture Combo Breaker Debt-free and Proud!
    Ah, was wondering as I'm also paying back a large Natwest debt via Triton and have been for a while. They're not the first RBS DCA to administer my account and I'm wondering if they're passing a few accounts onto yet another 'new' DCA.
    I'm a...I'm a real traditionalist of course
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