[ Post New Message | Post Reply to this One | Send Private Email to Moira | Help ]

Response to Abbey National, Hlinteractive

from Moira (Anderston828@aol.com)
You have two options really

1 Keep paying £100 a month

2. Offer a full and final settlement and if you go down this road you might want to offer £750 and see what they say. I guess you must be working and earning the appropriate amount for £100 attachment of earnings to be deducted. If your circumstances changed since the attachment was first made then you could ask for it to be reduced.

If you were not working, had no assets then you would be in a better position as they wouldn't be getting their £100 a month and would be more likely to accept an offer of £750.

If you do make a F & F offer make sure it covers any shortfall that has been paid out of a MIG otherwise the insurance company might come after you, AFTER you;ve paid this mob!

I can tell you that Abbey settled on a £400 F & F against a £14,000 offer but the difference being that the debtors were not in employment and had no assets.

I hope this helps you make the right decision for you. Just don;t offer anything without bouncing it off this site.

All the best

Moira

(posted 7071 days ago)

[ Previous | Next ]