We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Scottish Court Decree - what should it be marked?

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:
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’.

Comments

This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.