We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Been thrown a lifeline!

2»

Comments

  • tasha999
    tasha999 Posts: 158 Forumite
    DS4215 wrote: »
    When you are making your F&F offer, play hard ball. Tell them that you are considering bankruptcy (and have been advised to do so) due to a forthcoming cut in wages, but a 3rd party is offering an amount to settle your debts of 20% of the balance. Worst case they will negotiate upwards and you might not need to pay out as much...

    Thanks :) Do you think think it matters if we write with the offer ourselves or through step change? I wondered if we'd have a better chance with step change.
    Life is like a camera... Focus on what's important, Capture the good times, Develop from the negatives, and if things don't work out Take another shot.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.