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Out of the Blue ...BOS

Shock horror this morning in the post we received an offer from Blair Oliver Scott for Bank of Scotland (coincidence that their initals arethe same??) to settle a £3750 debt for £1295. We didn't request a settlement figure and there is no date on the letter but it says pay in 14 days ..... I may have the money in the next month but not 14 days..... what shall I do?
Terriblesaver - hoping to improve!!! Unsecured debt ... £[STRIKE]57938[/STRIKE] £51453
Official DFW Nerd no 176
Reclaimed and won Capital One £224, Paragon £758, GE Capital £63 and £135

Comments

  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    bargain with them, if this is out of the blue.. say you wont have 1295, but you might be able to get 800, and take it from there

    thats what Id do, but others might have better ideas????
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
  • Thanks Doll - thats what I thought - offer something rather than nowt .... what about time scale - if there is no date sureley i can say its only just arrived..... poor old royal mail get a lot of blame in our house!
    Terriblesaver - hoping to improve!!! Unsecured debt ... £[STRIKE]57938[/STRIKE] £51453
    Official DFW Nerd no 176
    Reclaimed and won Capital One £224, Paragon £758, GE Capital £63 and £135
  • Do they definately represent BOS, they're not a bunch of scam artists?
    LBM: Nov 2004 Debt Apr06: £19,273.46 (Highest)
    Debt 2006: Jul:£18,552.06|Aug:£17,615.14|Sep:£16,297.98|Oct:£15,961|Nov:£15,760.66|Dec:£13,204.37
    Debt 2007: Jan:£13,183.71|Feb:£13,851.03|Mar:£13,349.15|April:£12,997.33 | May: £12,300.00 | June: £12,000 | July: £9,894.44 |Aug:£0
    Debt Free Date: 31 August 2007
    The £2 Coin Savers Club = £72
    Reclaiming my bank charges - £105 reclaimed
    My Diary: http://forums.moneysavingexpert.com/showthread.html?t=230561
  • Do they definately represent BOS, they're not a bunch of scam artists?
    Yes they do, They are one of the solicitor to the Bank of Scotland.

    Here is a link at Payplan re Blair Oliver Scott

    http://www.payplan.com/debt-library/miscellaneous.php
  • rog2
    rog2 Posts: 11,650 Forumite
    10,000 Posts Combo Breaker
    Shock horror this morning in the post we received an offer from Blair Oliver Scott for Bank of Scotland (coincidence that their initals arethe same??) to settle a £3750 debt for £1295. We didn't request a settlement figure and there is no date on the letter but it says pay in 14 days ..... I may have the money in the next month but not 14 days..... what shall I do?

    They ARE part of Bank of Scotland.
    I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
    If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.

    HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7

    DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS
  • Thanks for the update vis a vis who they are - what shall i do regarding the lack of date on the letter?
    Terriblesaver - hoping to improve!!! Unsecured debt ... £[STRIKE]57938[/STRIKE] £51453
    Official DFW Nerd no 176
    Reclaimed and won Capital One £224, Paragon £758, GE Capital £63 and £135
  • Thanks for the update vis a vis who they are - what shall i do regarding the lack of date on the letter?
    contact them, see if the F & F is still valid - make a lower offer and negotiate from there
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