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Desperatley seeking Richard

Trying for the third time - boy was dumb and dumber the right name!! I read one of your replys Richard that you negotiated a deal for 25p in the £ with your creditors before BR. I owe Nat West and Barclays approx £100K and wondered if you or anybody else had any experience of dealing with these banks in achieving these sort of settlement figures

All help appreciated

DumbandDumber

Comments

  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    Richard_S is busy with family commitments for the next couple of days (apparently).

    He will either see this thread when he logs on, or we will point him in its direction.

    I don't recall the thread/post you are referring to???
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
  • Richard_S
    Richard_S Posts: 4,432 Forumite
    Trying for the third time - boy was dumb and dumber the right name!! I read one of your replys Richard that you negotiated a deal for 25p in the £ with your creditors before BR. I owe Nat West and Barclays approx £100K and wondered if you or anybody else had any experience of dealing with these banks in achieving these sort of settlement figures

    All help appreciated

    DumbandDumber

    Hi Dumb,

    I'm more than a little merry at the moment so I won't go into too much detail because that'll confuse you and me.:eek: :eek: I should be able to get on line tomorrow and some background will be helpful.

    Are the debts business or personal?
    Does the bank hold any security over assets; such as your house?
    Are these your only debts?
    Do you have a partner and is he/she involved?
    Do you generate much in the way of disposable income per month?

    I can't think of anything else at the moment but please post as much info as you can because that always ensures more meaningful responses. It's an anonymous site so anything you post will never get back to your family, friends, neighbours or customers.

    Regards

    Richard
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