Settling a DMP

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aidan

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Post by aidan » Wed Apr 19, 2017 4:01 pm
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I am in a debt management plan with Angel Advance and have a creditor called Halifax Retail Recoveries, if i wanted to settle the balance what is the least amount that they would take?
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Foggy

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Post by Foggy » Wed Apr 19, 2017 4:07 pm
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This would be a matter that you would need to discuss with them -- there is no formula or precedent to follow.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Lisa Thomas

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Post by Lisa Thomas » Thu Apr 20, 2017 1:44 pm
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You need to ask them - some creditors will accept a small payment rather than have the debt continue on for years and years.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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