what percentage of my debt will a creditor except

4 posts Page 1 of 1
Post Reply
 
 

colin12

User avatar
Posts: 1
Joined: Thu Feb 14, 2008 10:52 pm
Location:
Post by colin12 » Thu Feb 14, 2008 10:52 pm
Quote
what percentage of my debt will a creditor except as a 1 off payment
Top
 
 

Lisa2009

User avatar
Posts: 5411
Joined: Thu Aug 16, 2007 12:17 pm
Location:
Post by Lisa2009 » Thu Feb 14, 2008 10:59 pm
Quote
Hi and welcome.
They will consider your very best offer but beware that some creditors have certain hurdle rates.

Perhaps you could post a few more details, creditors and ammounts so one of the forum experts can advise further.
http://mrsskint.blogs.iva.co.uk/ 'Our Story'


Nil carborundum illegitimi
Top
 
 

carlmcmullen

User avatar
Posts: 487
Joined: Thu Jan 24, 2008 5:55 pm
Location:
Post by carlmcmullen » Thu Feb 14, 2008 11:00 pm
Quote
This really depends on your creditors.

They would expect you to make your best endeavours to repay as much as you possibley can. The majority of creditors would accept the your best offer but can you tell us a little more about your circumstances ?
Top
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:
Post by MelanieGiles » Thu Feb 14, 2008 11:06 pm
Quote
You should turn the question around and say how much can I possibly offer. Where would you be getting the money from to make your offer with?
Regards, Melanie Giles, Insolvency Practitioner
Top
Post Reply
4 posts Page 1 of 1
Return to “postings for february”