Calling Richard!!

DumbandDumber_3

Hi Richard I noticed on one of your replys that you managed to negotiate a deal with your creditors for 25p in the £ before going BR. I owe Nat West and Barclays approx £100K (I know I know my own fault!) and wondered if you or anybody else had any experience of dealing with these particular banks and if this sort of deal is possible on a full and final settlement?

Any help greatly appreciated

Regards

DumbandDumber

danno_4

hi
are these debts secured or unsecured,also what were the loans for.
danno

danno_4

hi
was the debt secured or unsecured,also what were the loans for.
danno

Crown

Hi, As already stated it depends on many factors included what type of debt you have (secured/Unsecured) and if you have already defualted on the account/s

If you have managed to make minimum payments to the creditors they are unlikey to accept offers of full and final settlement. One thing ive seen a lot of from people speaking aboutthis situation is the creditors will make sure your credit file is is damaged before even considering the settlement.

Take a look at http://www.nationaldebtline.co.uk/england_wales/factsheet.php?page=24_full_and_final_settlement_offers for more information.

Feel free to post more details of your situation and a full SOA as outlined in the first time posters thread and we may be able to help you.

Good luck