in_bad_debt
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Looking for some guidance in terms of making offers for settlement of debt that has been referred to legal action.
Is there a "normal" percentage? The loan bal is currently €18,500 and is under agreement for the last 2 years. I am payment about €90 a month.
The bank solicitors are now asking me to make an offer. I cant really get more than €5,000 euros together but Im not sure if that is even worth being offered.
I mean, i know its not even half of the amont. Has anyone with experience on this?
I welcome any coments both from solicitors (if any available) and bank staff and people than went through this before.
Many thanks
Is there a "normal" percentage? The loan bal is currently €18,500 and is under agreement for the last 2 years. I am payment about €90 a month.
The bank solicitors are now asking me to make an offer. I cant really get more than €5,000 euros together but Im not sure if that is even worth being offered.
I mean, i know its not even half of the amont. Has anyone with experience on this?
I welcome any coments both from solicitors (if any available) and bank staff and people than went through this before.
Many thanks
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