I spoke to Original creditor - they told me to deal with RW ?? I will try again..

Has any dealt with Robinson Way - trying to do settlements (others have accepted around 25%) they want 75%. The debt is only being managed by them. How long are debts usually with DCA until they are sent back to bank? thanks

Are F&F settlement offers generally lower for Credit Cards compared to Loan and/ Overdrafts? I have settled credit cards at 25% or so yet find it harder for same bank to accept that kind of figure for Loan/Overdraft. What sort of % are people settling Loans/Overdrafts? I was offered 60% Thanks

Anyone aware of the outcome with HORSEMAD1's cases and whether they were all successful?

When/if the creditor(s) cash in the 3rd party cheque do they eventually confirm that it was indeed a FF settlement and mark it as such on the credit file? How long does it take them to admit and update the credit file that it is settled and whilst in limbo, as they decide what to do with ones account what are they reporting to the credit reference agency? Just wondering as, I have successfully negotiated a couple of FF and have had interest frozen on all the other accounts with arrangements in place. when recently I was informed by DCA that OC had taken an account back and are sending it to their solicitors ( OC confirmed this and it seems the solicitor are the proper ones they use to take people to court as supposed to the ones they use for scare tactics - strange as my payments were up to date)

Right.... Offered all remaining creditors 25% of outstanding (don't have enough to cover all, the idea was ask all and clear the ones that accept offer if any). Alot of my debt directly or indirectly are RBS debt (Natwest, M&S, Tesco etc). Now I have been informed by one of the DCA that the OC has taken the account back even though I had an arrangement in place (all up to date) to pay x amount a month and they would freeze interest. Phoned OC who confirmed this is the case, now I'm wondering if they've done this because of all the settlements offers (assuming as they all are ultimately RBS maybe they can see all offers and think I have loads of money (dad's paying)?). They also confirmed the account will be passed to Anderson Fyfe solicitor which sounds serious unlike Green & Co. What to do? Can they do this given I had arrangement in place and was up to date (provided I/E etc)

Prob worth adding that I own a few properties (even though I am renting myself)...

Hi waddington24, My MBNA letter stated: "...You will not be liable for the remaining balance of £xxx. Neither MBNA,DCRI nor will any other external collection agent pursue the matter further. ......" Natwest letter: ""..... £xxx in full and final settlement ..." then goes on to say the debt will be marked partially satisfied & no-one will chase" Natwest/Triton have also given a followup letter saying they have received the money and the file is closed... I appreciate what dx is saying above and value dx's posts greatly but for my personal circumstance (CCJ's would be much worse than defaults for my job) I am happy to do partial settlements furthermore, I'm satisfied with the wording in the letters and feel if the remaining debt was sold on I would be confident to argue my case in court....This is primarily a peace of mind for my job more than anything else. I have recently contacted the other creditor and all seem to feel 25% is to low as I am not behind for more than a year yet the 2 that did settle were done very early on ( MBNA within 4 months missed & natwest prob 7 months or so)....

Thanks for your reply. The MBNA letter stated; ".....MBNA will register a partial settlement with licensed Credit Reference Agencies and a default will remain registered. You will not be liable for the remaining balance of £xxx. Neither MBNA,DCRI nor will any other external collection agent pursue the matter further. ......" NATWEST letter; "..... £xxx in full and final settlement ..." then goes on to say the debt will be marked partially satisfied & no-one will chase I know what you are saying with regards to partial settlement and them being just as bad as CCJ's (specially when trying to get credit)... For my Job CCJ would be a lot worse than default hence why I am doing this. What settlement figures are people achieving Partial/ F&F ? I think it would be good for us to know what each creditor's/DCA's are currently accepting, it would certainly help me. thanks

must add that NATWEST/TRITON were very easy to deal with, agreed £5p/m with them, then suggest my father might help to settle the debt - they asked how much, offered 25%, they rounded it up to nearest hundred pounds and that was it, done albeit partial. But NATWEST/WESTCOT are not interested (agreed £10p/m debt £10k+) this surprises me as I thought Triton were in-house collections. Moorcroft have been a nightmare to even speak to

Just wondered what sort of offers are being accepted at the moment by creditor/dca I have settled 2 cards so far; MBNA/Debt Clear Recoveries & Investigations Ltd/ MAY 2011 - 35% NATWEST/TRITON/ MAY 2011 - 25% both were PARTIAL/SHORT settlements (due to my personal circumstance and wording provided by the creditor/dca, I am happy with partial settlement) & they were enforceable. still working on the following; TESCO/MOORCROFT (unenforceable) - offered 20% they want 80% M&S/ROCKWELL - offered 20% - declined BARCLAYS/MERCERS (enforceable) EGG/CAPITAL CREDIT SERVICES (enforceable) - offered 25%,waiting response NATWEST (LOAN/OVERDRAFT)/WESTCOT what offers were successful for fellow members? in particular for the companies above.