Difference between revisions of "Creditors and DCAs"
(→Letter P - Mortgage shortfalls: Please write off the debt) |
(→Letter Q - Mortgage shortfalls: Full and final settlement letter) |
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We write with reference to the money which you are claiming on the above account. We can confirm that we are unable to offer to pay the money which you claim we owe in full. | We write with reference to the money which you are claiming on the above account. We can confirm that we are unable to offer to pay the money which you claim we owe in full. | ||
− | Paragraph outlining the special circumstances you have that you want the creditor to take into account. | + | <span style="color:red">Paragraph outlining the special circumstances you have that you want the creditor to take into account</SPAN>. |
However, we can raise £775 and we want to offer this as an ex−gratia payment in full and final settlement of the account, including any subsequent third party claim. This is not an acceptance of any liability for the amount claimed. This offer is made on the clear understanding that, if accepted, neither you nor any associate company, will take any other action to enforce or pursue this debt in any way whatsoever and that we will be released from any further liability. | However, we can raise £775 and we want to offer this as an ex−gratia payment in full and final settlement of the account, including any subsequent third party claim. This is not an acceptance of any liability for the amount claimed. This offer is made on the clear understanding that, if accepted, neither you nor any associate company, will take any other action to enforce or pursue this debt in any way whatsoever and that we will be released from any further liability. | ||
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== Letter R - Mortgage shortfalls: Lender should not pursue under CML policy == | == Letter R - Mortgage shortfalls: Lender should not pursue under CML policy == |
Revision as of 18:17, 18 July 2007
Contents
- 1 Template letters to creditors and DCA's
- 2 Letter A - Ask your creditors to hold action on your account
- 3 Letter B - Ask your creditors to accept pro rata offers of payment on your debts
- 4 Letter C - Ask your creditors to accept a token payment or no payment on your debts
- 5 Letter D - When a creditor refuses your offer of payment
- 6 Letter E - When a creditor refuses to freeze interest on your account
- 7 Letter F - When a creditor has turned down an offer of payment, interest is still being added, and you want the creditor to take you to court.
- 8 Letter G - When creditors have turned down an offer of payment, interest is still being added but you don’t want to go to court
- 9 Letter H - When a creditor asks you to agree to a voluntary charge against your home
- 10 Letter I - Request for a stay of execution in the High Court
- 11 Letter J - Full and final settlement for any debt
- 12 Letter K - Ask creditors to write off the debt due to your circumstances
- 13 Letter L - Ask your creditors to reconsider if they refuse to write off the debt
- 14 Letter M - Dispute your liability for a debt where a creditor has not contacted you for over six years
- 15 Letter N - Ask your creditor for a copy of your credit agreement under the Consumer Credit Act 1974
- 16 Letter O - Mortgage shortfalls: Breakdown of balance owed
- 17 Letter P - Mortgage shortfalls: Please write off the debt
- 18 Letter Q - Mortgage shortfalls: Full and final settlement letter
- 19 Letter R - Mortgage shortfalls: Lender should not pursue under CML policy
- 20 Letter S - Inform your creditor that you are terminating your hire purchase/condition
Template letters to creditors and DCA's
Creditors and DCAs - Letter Templates & Budget Planner
Some of these letters refer to a budget planner. Here is a simple budget planner which you can fill in to work out how much you can afford to offer your creditors, and you can print this and send with the relevant letter:
Budget PlannerThere are both Excel and On-line versions
The letters are as follows:
Letter A - Ask your creditors to hold action on your account
|
Letter B - Ask your creditors to accept pro rata offers of payment on your debts
|
Letter C - Ask your creditors to accept a token payment or no payment on your debts
|
Letter D - When a creditor refuses your offer of payment
|
Letter E - When a creditor refuses to freeze interest on your account
|
Letter F - When a creditor has turned down an offer of payment, interest is still being added, and you want the creditor to take you to court.
|
Letter G - When creditors have turned down an offer of payment, interest is still being added but you don’t want to go to court
|
Letter H - When a creditor asks you to agree to a voluntary charge against your home
|
Letter I - Request for a stay of execution in the High Court
|
Letter J - Full and final settlement for any debt
|
Letter K - Ask creditors to write off the debt due to your circumstances
|
Letter L - Ask your creditors to reconsider if they refuse to write off the debt
|
Letter M - Dispute your liability for a debt where a creditor has not contacted you for over six years
|
Letter N - Ask your creditor for a copy of your credit agreement under the Consumer Credit Act 1974
|
Letter O - Mortgage shortfalls: Breakdown of balance owed
|
Letter P - Mortgage shortfalls: Please write off the debt
|
Letter Q - Mortgage shortfalls: Full and final settlement letter
|
Letter R - Mortgage shortfalls: Lender should not pursue under CML policy
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Letter S - Inform your creditor that you are terminating your hire purchase/condition
|