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!
Full & Final Settlement Offer?
Options

Stuck_1
Posts: 58 Forumite
If you owed money to 3 different creditors & wanted
to offer a full & final offer dealing with them 1 at a time, starting
with the one you owed most how much would you offer on a 10k debt for starters? would 40% be acceptable?...this would be
under the circumstances where the person in debt was unemployed
& had little chance of gaining employment & the money was being
borrowed in order to pay the debt. also would they not consider
the above unless you missed a payment first?
to offer a full & final offer dealing with them 1 at a time, starting
with the one you owed most how much would you offer on a 10k debt for starters? would 40% be acceptable?...this would be
under the circumstances where the person in debt was unemployed
& had little chance of gaining employment & the money was being
borrowed in order to pay the debt. also would they not consider
the above unless you missed a payment first?
0
Comments
-
Hello Stuck1, I don't know the answer to your question but just wanted to let you know you will probably get lots more responses if you post it in the main debt free wannabe forum, rather than the debt free diaries section it's currently in. Good luckJan10: 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 -
thanks, sorry i some how managed to place this in the wrong section:o0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards