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###MBNA : Help with settlement amounts please


jennifred
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Hi, I'm posting this message for advice for my lovely sister in law who got ripped off by her husband when they divorced and basically got saddled with all his debt. She has been paying it off ever since. She is left now with debts of approx £8000 to T.S.B (credit card) and around £8500 to M.B.N.A. She is thinking of getting a lump sum brought forward from her pension to pay them as she is sick of them hanging over her life.

 

What I wondered was if anybody has an idea of amounts she is likely to get the companies down to when offering a cash settlement? She has been paying them off for around 8 years and pays £100 per month (in total) The interest on them has been frozen.

 

Any advice would be very much appreciated.

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you might find this tread worthy of a read

http://www.consumeractiongroup.co.uk/forum/showthread.php?302354-settling-HSBC&p=3379593#post3379593

i would also investigate reclaiming unlawful fees & mis-sold PPI first.

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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