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Full and final settlements

Does anyone have any experience of these? I am thinking of approaching my creditors with an offer, but I'd like to hear if anyone has had an experience of this approach.

Thanks.

Comments

  • icklejulez
    icklejulez Posts: 1,209 Forumite
    I did this or at least thought I did last week but apparently as I has only made an offer of a reduced payment to settle the account this is not classed as a full and final payment. I asked for a letter to be sent to me and apparently it is classed as a settled account??
    Saving needed to emigrate to Oz
    *September 2015*

    £11,860.00 needed = £1,106 in savings

This discussion has been closed.
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