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debt written off

k_moor25
k_moor25 Posts: 279 Forumite
in Debt-free wannabe
I am just wondering if you can write to a creditor to ask for a debt to be written off.

Any ideas?

Comments

  • Aesop
    Aesop Posts: 23,773 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You COULD write to a creditor to ask for a debt to be written off, but I doubt they would say yes.

    You could instead try writing to them to ask for an arrangement to pay. Include your Statement of Affairs (Soa) and what you can actually afford to pay each month and offer them this instead.
  • k_moor25
    k_moor25 Posts: 279 Forumite
    what sort of reason could I ask them why I want the debt written off?
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    k_moor25 wrote: »
    what sort of reason could I ask them why I want the debt written off?
    Not your debt. No signed credit agreement... Debt is made up of charges not in the original credit agreement.... Do you have any ideas that you would like to share?
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • Mrs_Ryan
    Mrs_Ryan Posts: 11,841 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    When I worked at Capital One, debts were usually only written off in extreme cases - eg serious illness/disability, things like that.
    My friend's Mum had 6 debts with Reliable Collections written off due to harrassment that was so extreme police were involved.
    AFAIK it doesnt happen often.
    *The RK and FF fan club* #Family*Don’t Be Bitter- Glitter!* #LotsOfLove ‘Darling you’re my blood, you have my heartbeat’ Dad 20.02.20
  • bottleofred
    bottleofred Posts: 2,902 Forumite
    k_moor25 wrote: »
    I am just wondering if you can write to a creditor to ask for a debt to be written off.

    Any ideas?

    As the others have said, this only happens in extreme cases and you have not indicated if there is a problem. I'd also imagine it would be more difficult in the current climate to get debts written off, but you can always ask.
    If you've nothing decent to say, perhaps you shouldn't say anything.

    £2 savings jar £300:D
    Total credit card debts £1250:mad::mad::mad::mad::mad: - Will I ever learn!!
  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    Sample letter D at the end of the factsheet in this link

    http://www.nationaldebtline.co.uk/england_wales/factsheet.php?page=review_pack_for_people_who_have_no_available_income_to_pay_creditors
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
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