Barclaycard Full & Final Settlement

Zekko

Hi,

I'm trying to help my mother out with an outstanding Barclaycard debt of around £5,000.
Initially Barclaycard would only make the offer verbally over the phone and would not provide written confirmation (saying it was not their policy).

I will be helping my mother with the debt since she has no way to pay this by herself (she has no income except benefits, the interest is currently frozen and no payments are being made). I said that for me to part with the money and help her out I would need some sort of written confirmation from Barclaycard about the agred settlement amount.

It appears she has done quite well and managed to negotiate a settlement figure of £1,600.

Below, I've attached a copy of the letter from Barclaycard, and wondered if the wording is sufficient as confirmation of the agreed settlement figure (it doesn't say that the account will be satisfied/closed etc...)?

Thanks for any help.

chasingfreedom

I think the full and final settlement phrase is very clear, I'm not a legal expert but I would imagine that would be sufficient.

SeduLOUs

Seems clear a day to me. Pay £1,600 and there will be no remaining debt.

happy_bunny_2

I think that's fine, as I mentioned on the full and final thread.

HB