Final Settlement

Deep_In_Debt

Hi everyone

Silly question time! I'm on a dmp with CCCS at the moment. One of my creditors, Sainsburys Bank have passed my debt onto Blair, Oliver & Scott; they've been largely pretty good and left me alone - unlike other DCA's who want my blood :mad: . This is an unsecured personal loan that I've never missed payments on, even before my DMP. My outstanding balance is £1,292.37. I've been given some money - £600 roughly - from various relatives for my recent birthday and a friend has just paid me some money that they owed from some time ago. This is my smallest debt.

Is it worth me offering BOS a settlement? I was thinking of starting at £400 and going from there. Does this seem sensible?

This is only a "drop in the ocean" as I owe about £20k in total but every little helps. I will get it in writing that it will be a full and final settlement before I pay. BOS have been good quite accommodating so far, so am hoping I can negotiate with them. Just wondering whether folks think this is a good idea?

Deep_In_Debt

Sorry, realised I put this on the wrong board. Having a blonde moment. will move it to the DFW board

tigerfeet2006

No worries DID. Good luck with all. hope you manage to sort it.