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paying off creditors offer ?

Hi 14 K of debt 6000 , yorkshire bank 6 ,000 M and s
and 2000 Bank of scotland has any one renegotiated their debt
to get a final settlement thanks Paul
been paying int a dmp for 4 year but not happy with them

Comments

  • Bump - can someone help please.
    Make £10 a day challenge: November - £0/£300 :)
  • I do not know if this will be any help to you but I have managed to get settlements of 80% of my outstanding balances from a few of my creditors.
    Debt August 2007 - £38,204.58 - Completely Debt Free - May 2008 - Now Proudly Saving. :D
    DFW Nerd Number 684 - Proud To Have Dealt With My Debts
    :heartpuls Very Proud Aunty Ciara :heartpuls
  • gibbyni
    gibbyni Posts: 335 Forumite
    Is it still with the banks or with a collection agency. I have had 3 make me offers. Blair Oliver Scott (Halifax 4K) said to me during a telephone call i made to them that if i ever had a lump sum just call and they could knock about 1/3 off. IQOR (Next £400) Sent me a letter ofering a substantual discount if i called them, and Cetelem £700 Not with any collector but behind, offeren me 50% off.

    So cant hurt to ask, just say you have x amount of money to pau off your debts and can they do anything for you, if they cany just say ok i will spilt it between everyone you owe money to.
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