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Making a final settlement with a debt collection agency

bluemover9999 · 2013-06-04 11:23:01

This is my first post after years of using this brilliant site so apologies if it's in the wrong place!:) I'm working hard to pay off my credit card but I have an outstanding debt that is not proving easy to shift! It dates back 13 years and relates to a Business overdraft I had on a long defunct business (13 years) on a…

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Stewart_78 Posts: 415 Forumite

12 June 2013 at 10:21AM

Also, stick to your guns. There was a story here back along about someone who offered Cabot 20% or so and just stuck to it, saying that's all they had for months. Cabot squirmed and wriggled but eventually accepted.

Maybe if you have cash to settle, put it in a high interest account and leave it there until they come to their senses.

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Making a final settlement with a debt collection agency

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