Be careful Andy, I am in a similar situation with AN/Eversheds and have been advised by my solicitor that even if I settle now for a nominal amount. They could go after the other party again if their letter was under a 'Without Prejudice' heading and if successful, the other party could come after me for a contribution towards their settlement figure.(posted 7370 days ago)Always make sure that if you intend to try and resolve the matter with either of these companies, get hold of a recommended solicitor (it's worth every penny, if affordable for piece of mind & resolution) and spend a couple of quid for them to fire a letter off outlining any forced circumstances at the time that might bring the case to a grinding halt. You might have to pay something to get the debt cleared but if you have provable reasons that this debt could have been avoided, they might stop chasing you all together, possibly.
I had a deadline of the 13th of February from Eversheds or else court beckoned and attachment of earnings would be put in place but we sent a letter on the 4th Feb, outlining all the problems from the case's history and have since heard nothing.
I know the situation has not gone away entirely but it makes them very uneasy having other solicitors on the case talking the same language and pointing out failures from the lender at the time.
I don't know if this helps your cause but shows there are so many people in the same boat
Mr Well and Truly