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 →
Obviously you will want to pay as little as possible, but there are some things that you may need to know about. Age of a Debt in a Full and Final Settlement Matters The older the debt is, the more … Continue reading →
How Much Will Creditors Settle for in Full and Final Settlement? Here on the Johnny Debt site is a list showing what you can expect a creditor to settle for in a full and final settlement. This is not a … Continue reading →
How Much Will a Creditor Accept in a Debt Management Plan The simple answer is, as little as £1.00 per month! However in order to get a creditor to accept a payment of one pound per month, you will have … Continue reading →
Full & Final Offer Rejected, What Do I Do? So your full and final settlement offer has been rejected, so what do you do now? The thing you have to remember about a full and final settlement, is that often … 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 →
Buchanan Clark & Wells Agree Full & Final Settlement This debt was actually settled with Buchanan Clark & Wells who were collecting on behalf of Barclays Bank. This is certainly a fantastic start to the New Year for one person! … 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 →
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 →
Here is an example of how a debt £3071 with Barclays Bank was settled for £1145 with Meckenzie Hall a debt collection agency. Full & Final settlements can take a long time and be a rather difficult and tricky process … Continue reading →
Debt of £454.16 Settled for £127 In Full and Final Settlement Admittedly this is only a small debt, but it is another example of how creditors will accept a lower sum in order to settle a debt. Letter From Regal … Continue reading →
Full and Final Offer From Aktiv Kapital Save 75% Off your Debt with Aktiv Kapital Debt Collection Agency Here is a letter recently received from Aktiv Kapital: “Dear Mr …. Every year we are required by the Consumer Credit Act … Continue reading →
Full & Final Settlement Offer Accepted Barclaycard settle debt of £12,138.38 for £3,624 The following information was sent to me this morning. “We are prepared, without prejudice, to accept £3624.00in full an final settlement of the above account provided that … Continue reading →
