Negogiating down debt

Sell&RentBackMan

Hi,

Ive just found this forum, it is excellent

Ive been learning how negogiate debt down, unsecured and secured.Does anyone know more?

Im getting some figures like 50% for secured and as low as 21% for unsecured, depending on situations. What are other peoples experience on this?

Thanks,

Asim

fatbelly

There was a fairly active thread on 'full and final settlement' deals last year:

http://forums.moneysavingexpert.com/showthread.html?t=115430

I would say that 21% on unsecured debt is excellent, and 50% on secured is unbelievable! Who was that with and how are you persuading them not to take possession action?

fatbelly

Incidentally, i think you should remove the link in your signature

http://forums.moneysavingexpert.com/showpost.html?p=3477034&postcount=25