Full and Final Settlement 23 July 2014 at 8:23AM in Mortgage-free wannabe 2 replies 526 views

Jeff_winter

Hi,
Has any one had any success with getting creditors to accept a full and final settlement....

I am currently doing a self managed DMP - paying ALL my creditors an agreed amount.

I have had a default raised on all but 2 of my creditors and this took place in October last year.

Would there be any advise on how to go about getting my creditors to accept a lower settlement figure?

Thanks

JW

cb4fwh

Hiya, I think that you meant to put this in DFW...

Jeff_winter

Hi, Thanks for that - I'll move the post.