Settling a DMP

Get expert opinion. This is the place for new questions to be posted.
3 posts Page 1 of 1
User avatar
Posts: 1
Joined: Wed Apr 19, 2017 4:01 pm
by aidan » Wed Apr 19, 2017 4:01 pm
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?
User avatar
Forum Expert
Posts: 23238
Joined: Fri Dec 17, 2010 11:14 am
by Foggy » Wed Apr 19, 2017 4:07 pm
This would be a matter that you would need to discuss with them -- there is no formula or precedent to follow.
User avatar
Lisa Thomas
Industry Expert
Posts: 5858
Joined: Wed Dec 03, 2014 10:26 am
by Lisa Thomas » Thu Apr 20, 2017 1:44 pm
You need to ask them - some creditors will accept a small payment rather than have the debt continue on for years and years.
3 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”

Who is online

Users browsing this forum: benjiboo1, kallis3, Lincolnshire123 and 4 guests