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Scottish Court Decree - what should it be marked?
m-holland
Posts: 223 Forumite
Hi folks,
Just looking for some advice, I've googled it but still not totally sure on the answer.
I had a Court Decree from Shoosmiths. Had been making the agreed repayments when they contacted me offering to settle it with 55% off the outstanding discounted.
Luckilly at that time I had enough money that I could pay the discounted settlement amount so took them up on the offer.
Can anyone tell me if the Court Decree (which is still showing as active and has another four years before it falls off) should be marked as settled/partially settled/satisfied?
I have emailed them but they arent the quickest at replying to emails, and I dont like the phone.
This was their acknowledgement of payment of the discounted settlement, they make reference to credit profile but not the court decree:
Just looking for some advice, I've googled it but still not totally sure on the answer.
I had a Court Decree from Shoosmiths. Had been making the agreed repayments when they contacted me offering to settle it with 55% off the outstanding discounted.
Luckilly at that time I had enough money that I could pay the discounted settlement amount so took them up on the offer.
Can anyone tell me if the Court Decree (which is still showing as active and has another four years before it falls off) should be marked as settled/partially settled/satisfied?
I have emailed them but they arent the quickest at replying to emails, and I dont like the phone.
This was their acknowledgement of payment of the discounted settlement, they make reference to credit profile but not the court decree:
We acknowledge receipt of your payment of £amount, paid on xx February 2018 as per the partial settlement agreement. Accordingly, you are not liable for making payment of the remaining sums due and your credit file shall be updated as ‘partially settled’ with a balance shown as ‘nil’.
0
Comments
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Partially settled is correct0
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Any idea how long it would normally take for it to be updated to the CRAs?0
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