How to Achieve a Substantial Full and Final Settlement There are a number of things that you need to consider when trying to achieve a large discount in a Full and Final Settlement. In simple terms, the dirtier a debt … Continue reading →
Full and Final Settlement Achieved with Barclaycard Below you will see the letter received from Barclaycard where they are accepting a payment £1,400 of as a full and final settlement for a debt of £3,180. Yet another example of how … Continue reading →
What is the Best Debt Solution for Me The problem with getting the best debt solution for you is, many companies out there will try to put you into a debt solution that is best for them! Often people end … Continue reading →
Can I Hide from Creditors and Debt Collection Agencies The short answer is yes, but as to how successful you will be, will depend on a number of factors. If you owe only a small amount of money then a … Continue reading →
What is the Minimum Amount I can Pay a Creditor If you are experiencing financial difficulties and have to reduce your payments to creditors, then you would want to make a payment of at least £1 to each creditor. Having … Continue reading →
Here is another example of a full and final settlement that has been achieved. In this particular case this is an old Lloyds Banking Group debt that was eventually sold on to CapQuest. The outstanding balance of £9,159 was settled … Continue reading →
Sample Letter to Debt Collection Agency for Debt Management Plan Once you have completed your Income and Expenditure, you will then want to send that to the Debt Collection Agency (DCA) with a covering letter.Their AddressYour AddressDateCompany: (who the original … Continue reading →
Here is a list of some of the more common Creditors, Debt Collection Agencies and Solicitors. with their sort codes and account numbers. It may be worth doing a further search to confirm that the information is still correct. Forcing … Continue reading →
The Best Way of Dealing with Debt Collection Agencies (DCAs) The best way of dealing with debt collection agencies is to remain professional, honest, and organized throughout the process. It is important to recognize that debt collection agencies are businesses, … Continue reading →
Can You Do Your Own Debt Management Plan The simple answer is YES! However, to start with is may be difficult to implement. I would say that if you are going to do your own Debt Management Plan, you need … Continue reading →
Full & Final Settlement Success Stories Full and Final Settlements (F&F) are not easy to achieve, but they are very much achievable with a bit of effort and quite a bit of nerve! The thing with a Full and Final … Continue reading →
Aktiv Kapital Settlement Offer Here is a letter (Click on Letter to Enlarge) that someone recently received from Aktiv Kapital offering a £940 discount off their debt of £6.268. On the face of it, this would seem like a very … Continue reading →
Full & Final Settlement Offer Here is a letter recently received from 1st Credit: “1st CreditP.O. Box 278ReigateRH2 7WBTel: 01737 235202Fax: 01737 887697 1st Credit Ref: NUMBER “Special Low Discount Opportunity” YOU PAY HALFWE PAY HALF Mr NAMEBLACK HORSE LIMITED … Continue reading →
Selling of Debt My understanding is that if a creditor sells a debt there has to be a Deed of Assignment to prove that the debt has actually been sold on to another company. I also believe that a deed … Continue reading →
Full & Final Settlement Yet another example of how full and final or short settlements are still achievable: “TritonCredit ServicesAddress: P.O. Box 5827, Basildon, Essex SS14 1XSTelephone: 02-7680-9301Facsimile: 02-7702-9800 Creditor: National Westminster Bank PLCOur Ref: NUMBERRe: NAMEAmount Due: £3842.20 Dear … Continue reading →
