Showing results for tags 'no dn rec'd'.
Found 1 result
-
Advice would be greatly appreciated. I have a credit card debt with Lloyds TSB, which I defaulted on in 2008. I have not made a payment since that date. My personal survival budget is ambitious but I have fought off two repossessions and managed to maintain payments for the last four years. I was hoping that Lloyds TSB would eventually write this debt off, however they sold it to Hillesden Securities and they have now commenced legal action and issued a claim through Northampton CC. Im 2 years off having a clear credit file and a CCJ would devastate me. On saying that I only have £4 disposable income. I have just received support from CCCS who have confirmed my budget. My elderly father, who is not wealthy, has offered to lend me some money to pay this debt. I want to negotiate the debt. I dont know how to do this correcty and legally. I want to offer 50% inf full and final settlement plus I will meet the costs of the court fee and solicitor? The alternative if they take me to court is that they receive a token payment per month of £4.00 for the foreseable future - at least two years before I can remortgage. Therefore this seems like a better deal for them! Am I being naive and ambitious here and if not what is the best way to approach this? Netty
Latest
Our Picks
Reclaim the right Ltd
reg.05783665
reg. office:-
262 Uxbridge Road, Hatch End
England
HA5 4HS