Pro rata payments

gerturdeanna

Hi all -

When sending pro-rata payment set up letters to creditors do you show the other creditors who each other are or just what the full amount is of each debt and the repayments?


Thanks
Gert x

Tixy

Don't give them details of your creditors names etc.

Either list your creditors creditor A, creditor B etc or just tell give a figure for total debts and total monthly repayment and then this particular creditors share of the debt total and share of the repayments.

E.G. something like

Total unsecured debts £12,500, Total monthly payments £250
[HSBC] debt £4000, [HSBC] pro-rata repayment £80