Is there a better time to offer a full and final?

[Deleted User]

Hello, I was wondering what peoples thoughts and or experiences are about offering a full and final to debt recovery agencies.
From experience in working in a target sales industry, i wondered if say mid to end month might be better if they need to hit target. Not sure how it actually works...thoughts welcome.
Thanks.

[Deleted User]

Choco22 said:

Hello, I was wondering what peoples thoughts and or experiences are about offering a full and final to debt recovery agencies.
From experience in working in a target sales industry, i wondered if say mid to end month might be better if they need to hit target. Not sure how it actually works...thoughts welcome.
Thanks.

You do not hold any cards in this situation, it is not a negotiation. They can and will enforce the debt, your only way out is to go bankrupt, threatening like that in a negotiation is like holding a gun to your own head. Pay what you owe.

Willing2Learn

Choco22 said:

Hello, I was wondering what peoples thoughts and or experiences are about offering a full and final to debt recovery agencies.
From experience in working in a target sales industry, i wondered if say mid to end month might be better if they need to hit target. Not sure how it actually works...thoughts welcome.

I am assuming that you have accounts that you would like to settle.

How old are the accounts (when were they opened)?
What types of account are they?  (Loan, credit card etc)

If the accounts are old, then you should submit a CCA request for each eligible account before you offer any payment.  If you send off your CCA request, then it may turn out that your creditors are unable to provide with a legible 'true copy' of your agreements. 

D3xt3r5L4b

My post was removed so I’ll re-word it in such a way to appease everyone;

Is there any particular reason why you cannot pay the full amount owed?