Hi
Regular reader and infrequent poster.
I am in quite a lot of debt, down to overspending and irresponsible spending in the last 3 or 4 years.
I am looking to negotiate settlement figures with each financial institution that I owe money to and have a few questions.
1) Do I have to be in arrears (debt passed to collection company) to negotiate a 'lesser' settlement amount?
2) Will this go on my ICB record (which is already tainted anyway!)
Just to add one point, many thanks for your help on this matter and in anticipation of the reply 'you owe the money and should pay it'. The government / greedy incompotent bankers / investors do not have morals when affecting mine and my childrens quality of life, so the least amount I can pay off to get these debts off my back, the better
Thanks again
Regular reader and infrequent poster.
I am in quite a lot of debt, down to overspending and irresponsible spending in the last 3 or 4 years.
I am looking to negotiate settlement figures with each financial institution that I owe money to and have a few questions.
1) Do I have to be in arrears (debt passed to collection company) to negotiate a 'lesser' settlement amount?
2) Will this go on my ICB record (which is already tainted anyway!)
Just to add one point, many thanks for your help on this matter and in anticipation of the reply 'you owe the money and should pay it'. The government / greedy incompotent bankers / investors do not have morals when affecting mine and my childrens quality of life, so the least amount I can pay off to get these debts off my back, the better
Thanks again