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Advice needed re token payments

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  • zenshi
    zenshi Posts: 1,133 Forumite
    Part of the Furniture 500 Posts
    I sent them SOA on Stepchange advice!

    DCA?

    So even if I get no reply or acceptance from them, carry on and make the token payment?
    LBM.....sometime in 2013 £27,056. 10 creditors
    June 20.....£7,587.....3 creditors left 72% paid

    £26,200 on interest only part of mortgage (July 16)...will chip away £17,103
    £49,200 repayment mortgage ( July 16) £37,764
  • harveybobbles
    harveybobbles Posts: 8,973 Forumite
    DCA - Debt Collection Agency.

    no DCA will ever refuse an offer in writing. They will just say its not acceptable and want more.
  • cc4rhu
    cc4rhu Posts: 111 Forumite
    Zenshi, even if they don't accept initially keep paying the small amounts. It's fine (and probably a better idea) to send your SOA - be polite to them after all as you want to prove to them you're doing the best you can so they accept quicker.
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