settlement figure on loans etc.

terms i have the money and they have the power to reduce them, i want an agreement that satifies us both, i bet £2500 of the bills are charges that have been added to my account, this wasn't their money in the first place so they would not miss it, i do.

bills, if a certain number of the creditors will not give me a decent settlement then those will not come across their money quite so quickly.

Does your current PayPlan agreement have any clause(s) in respect of any "windfalls"?

"Jledi" wrote

Sounds like a parasite to me. :-((

No - they have the power, and if you don't pay as you now own a property you have a lot more to loose.

It is their money now that you have screwed them about. The charges are added to cover the costs of chassing you for payments.

I would be interested to hear how you got on but in my experience unless you are claiming bankruptcy most companies will want the money - especially as they know that you have the cash and equity in a house, why on earth do you think they would settle for less ?

Generally the creditors will ask for you questions about how much money you have and about home ownership - if you lie it would be fraud. Personally now that you have a house I think you would be very foolish to mess these people around you have more to loose now.

i have to settle the debts, and has for chasing the money, we got into this situation because of my wifes illness she lost her job as a manager and that lost us £500 per month, we had to get help which we did, we kept all our creditors informed of the situation, but they loved it been able to charge us these charges.

the creditors don't want me paying this small amount for the next ten years, they are dealing with my creditors

most of this debt was because my wife fell ill and had to change jobs, we lost £500 per month, we don't sit at home and piss up our dole money in the pub every launch and evening. we work, ok we have £13500 worth of debt, there are people who owe hundreds of thousands and just piss off and leave the debt behind we are here and trying to pay it, so if you want to say something say something constructive.

"Jledi" wrote

Oh no you're not - you're trying to get part of it written-off, even though you will soon be able to afford to pay the lot.

Why should you get part of your debt written off, and I have to pay *all* my mortgage? What if everyone tried to get debt (which they could afford) written-off, like you??

"Jledi" wrote

Oh no you're not - you're trying to get part of it written-off, even though you will soon be able to afford to pay the lot.

Why should you get part of your debt written off, and I have to pay *all* my mortgage?

What if everyone tried to get debt (which they could afford) written-off, like you??

money, it's part of the money from the mortgage that i have to pay back, can i give you a for instance, lets say you won £100000 and you needed £102000 to pay off your mortgage and if the mortgage company would not accept £100000 and you couldn't get that extra £2000 from anywhere, would you be happy, i am paying at least 4 of these debts off 2.5 years early and one 3 years early even though i have defaults on a couple they are still getting their money back quicker than they would have done without me having these financial problems, so tell me why i shouldn't get a rebate for paying these off early, just like the sinario above.