Conundrum

JamesyMac

Hello folks, I was down to my last 2 debts, and was able to pay one with a 75% discount with a well-known dca. It was roughly £600 and due to be statute barred in 2027, but I had previously admitted to it.

The same company have my final debt also, which is due to be statute barred next July ‘26. I have not admitted to this debt of £1400 and I’m trying to get a similar discount. I sent them an email saying that if they have any other accounts with me, I’d be receptive to negotiating a similar discount, but they’re playing dumb and I just don’t trust them.

Would I be stupid to be upfront and admit the debt? Is there another way I can get them to negotiate without admitting that it is mine? Or am I better just sitting tight and hope that they will come to me with an offer when it suits them?

thanks for any advice you may have.

Brie

I'd sit tight if I were you.  You might get through the next year and it be statute barred.  But they might also start making offers before then without you having to admit to anything.

Rob5342

I agree, i don't see any point doing anything that would acknowledge it until they start chasing it themselves. 

sourcrates

Sending emails counts as acknowledgement in writing, you do understand that don`t you?