Is now a good time to offer a 'Full & Final Settlement' to a Debt Company?

pammer

Hi All!

I was hoping maybe somebody had some recent knowledge or insight that could help me with this?

I'm in a position where I can possibly make a F&F offer on my debts with Cabot (they own the debts). They've declined my offer in the past, but I was wondering if because of the current situation they may reconsider, or would it be better if waited until things go back to 'normal' again?

I am not on a repayment plan, I make monthly £1 payments towards the debts. The money is a gift, I am unable to add to the pot to increase it.

Thank you in advance for any help and advice, it is much appreciated.

Pammers 

sourcrates

All you can do is make the offer, and see what they say.