F&F offers and mixed responses

Norfolk_Jim

Hi, I'm on a DMP with Stepchange - 4 debts with PRA, one with Moorcroft and one with Nationwide, My DMP is a long one, 20 years or so and my financial situation is unlikely to improve - Im heading for 60 years old. I will face bigger problems when I reach pension age, whenever that is as my health isnt good.

Long intro to what I hope is a simple question. When I turn 60 I will get a payout of around £10,000 on a policy I hold. My debts are in the region of £30,000 unsecured and another £30,000 mortgage on my house.

As PRA are a debt buying business I'm not too concerned about clearing those debts and if they remain on a DMP for 20 or more years so be it, but I would like to pay off the other two - something Stepchange are not ok with. I could go self managed but as things stand I feel more secure sticking with Stepchange

What I wondered is - If I make a Full and final offer to all at, say 30%, PRA are unlikely to go for it- if the other 2 creditors accepted my offer but PRA didnt - would I be Ok to pay those off - what I mean is, would I be seen as having treated my creditors equally. Can I pay off one that accepts if the others refuse the offer but stay with Stepchange?