Wescott final settlement - letter or email

miaboo

Hi 
Just about to offer a final settlement to wescott, Do I email them the offer or do I write an actual letter? 
Which is best 
Thanks 

sourcrates

Wescott will not own your account, as they no longer buy debts, they will simply be managing it on their clients behalf.

They will have certain discretion given them by their client, to accept offers within a certain scope.

Always deal with anything debt related in writing, in this case use the National Debtline settlement template letter, as it is legally worded to be acceptable on a "no prejudice" basis.

Make certain any offer that is accepted, is confirmed in writing before you pay them.

miaboo

sourcrates said:

Wescott will not own your account, as they no longer buy debts, they will simply be managing it on their clients behalf.

They will have certain discretion given them by their client, to accept offers within a certain scope.

Always deal with anything debt related in writing, in this case use the National Debtline settlement template letter, as it is legally worded to be acceptable on a "no prejudice" basis.

Make certain any offer that is accepted, is confirmed in writing before you pay them.

Hi 

The debt was originally Santander who used wescot as the middleman  but they sold it to Cabot in November, who are having wescot still manage it, I've been paying wescot for 6 years 

sourcrates

Cabot are the organ grinder then, with Wescott acting as the monkey, make your offer to Wescott, as they will need Cabot`s approval most likely, see how it goes.

Have you done CCA requests first to determine whether the debt is enforceable or not?

If not then you should.

miaboo

sourcrates said:

Cabot are the organ grinder then, with Wescott acting as the monkey, make your offer to Wescott, as they will need Cabot`s approval most likely, see how it goes.

Have you done CCA requests first to determine whether the debt is enforceable or not?

If not then you should.

It's for an overdraft, it was a joint one but my husband had been paying something through his IVA direct to Santander which has just finished in November and I'd been paying wescott, so the remaining balance is still mine to pay

sourcrates

Ah, OK,CCA won`t apply then, best advice is start low, you can always increase your offer.

miaboo

sourcrates said:

Ah, OK,CCA won`t apply then, best advice is start low, you can always increase your offer.

Thank you, so should I email it or send a letter? 

sourcrates

Everything debt related, especially settlements, should be done in writing only, by that I mean a letter.

Use the National Debtline template letter, available on their website.

Always get any accepted offers agreed in writing before you part with any money, most important, can`t stress that enough.

miaboo

sourcrates said:

Everything debt related, especially settlements, should be done in writing only, by that I mean a letter.

Use the National Debtline template letter, available on their website.

Always get any accepted offers agreed in writing before you part with any money, most important, can`t stress that enough.

Thank you 

miaboo

sourcrates said:

Wescott will not own your account, as they no longer buy debts, they will simply be managing it on their clients behalf.

They will have certain discretion given them by their client, to accept offers within a certain scope.

Always deal with anything debt related in writing, in this case use the National Debtline settlement template letter, as it is legally worded to be acceptable on a "no prejudice" basis.

Make certain any offer that is accepted, is confirmed in writing before you pay them.

Also 
Sorry to ask more questions!

The original debt was for a joint overdraft, this was included in my husbands IVA so they were paying a share direct to Santander and then I was paying wescot 
The IVA has now completed so I know I still need to pay the remaining so do I write the offer in just my name? 
When cabot wrote to say Santander had sold the debt to them they wrote 2 letters one to me and one to my husband both different reference numbers 
Now my understanding is they cannot chase him for this as it was under the IVA that has completed 
I just want to make sure they can't come back at me or pursue him 

sourcrates

It was a joint debt, so you are both jointly and severely liable for it.

He opted for insolvency, so he is covered, you are not.