Hi Mark, Thanks for your response. I must have misunderstood the information and the do's and don't section.(posted 7658 days ago)In light of what you have said, exactly how would I respond to this letter from the lender - without this being an admission of my guilt of the 'debt'? I would be happy to offer a settlement now, but it looks like they want the full GBP19.5K. I only have 14 days to respond, before they take 'further recovery action'. So I'm starting to panic about what I should or shouldn't do right now.
Thanks for your advice about bankruptcy. I will look into this option further.
Thanks,
Mel