RBS unenforcibility query.

[IF]

Re: RBS unenforcibility query.

Hi, just checking if all is OK?

Best wishes
IF

[mike'y]

Re: RBS unenforcibility query.

I would do what they have asked for mate and pay £40 per month - save more and then in a year or so offer a few grand to get rid once and for all..... So reverse the deal as such - stick to the £40 per month and in the meantime save as much as you can - if you get to 18 months and have £5k then make the offer again, and remind them of this - so keep all records handy. I think they'll probably agree but it may be you pay £5500 in 18 months as well as the £40pm for 18 months but it's still only 60% of debt value isn't it

Yes, that does make sense. Thanks. I kept a record of who I was speaking with at BC as well as some notes of the conversation. I also mentioned my 'lump sum' proposal to them in a letter I recently sent to them. So it's definateley on record. For now I'm quite happy that I'm paying very little and have breathing space ;-)

[Never-In-Doubt]

Re: RBS unenforcibility query.

Mate - you have left your name and address on that! I would remove and edit it. I'll see if there are any mods online who can do this if your not about.

Thanks mate - If you see this again just click 'report post' and it alerts me via text so I will login pretty damned quick

[Never-In-Doubt]

Re: RBS unenforcibility query.

Well they've replied. No mention of my offer of a lump sum settlement. Also no mention of timescale, looks like a template reply. So, for now I can pay £40 per month for 18 years, at least it's interest free. Does the fact they've accepted monthly payments establish a precedent? Should I push them about my lump sum offer or wait until I can afford that? What do you think? Thanks.

Mike.

I would do what they have asked for mate and pay £40 per month - save more and then in a year or so offer a few grand to get rid once and for all..... So reverse the deal as such - stick to the £40 per month and in the meantime save as much as you can - if you get to 18 months and have £5k then make the offer again, and remind them of this - so keep all records handy. I think they'll probably agree but it may be you pay £5500 in 18 months as well as the £40pm for 18 months but it's still only 60% of debt value isn't it

[mike'y]

Re: RBS unenforcibility query.

Thank you folks, well now you know where I live you may as well come round for a Christmas party he he. I struggled with the uploader and thought I'd uploaded the 'edited' version. Thanks again.

[Undercover Elsa]

Re: RBS unenforcibility query.

PDF edited to remove personal info.

[SA Gold]

Re: RBS unenforcibility query.

Mate - you have left your name and address on that! I would remove and edit it. I'll see if there are any mods online who can do this if your not about.

[mike'y]

Re: RBS unenforcibility query.

Well they've replied. No mention of my offer of a lump sum settlement. Also no mention of timescale, looks like a template reply. So, for now I can pay £40 per month for 18 years, at least it's interest free. Does the fact they've accepted monthly payments establish a precedent? Should I push them about my lump sum offer or wait until I can afford that? What do you think? Thanks.

Mike.

[mike'y]

Re: RBS unenforcibility query.

He he, you made me chuckle. :-) I'm sure they'll write to me just before Christmas. Not that that'll bother me, lol.

[Never-In-Doubt]

Re: RBS unenforcibility query.

Thanks Julian, very helpful. I'll wait for their letter because I just know they're going to reply.

When they do let me know - I'll help you formalise an appropriate response covering your ass

[mike'y]

Re: RBS unenforcibility query.

Thanks Julian, very helpful. I'll wait for their letter because I just know they're going to reply.

[julian]

Re: RBS unenforcibility query.

" I owe appx 9k and am willing to pay a lump of appx 5,5k in 18 months time or more at a later date if I can afford to." " £40 a month"

Unless they have agreed to the payment in full an final settlement, you may find that they grab the money and continue to hound you for the rest or sell on the balance.

You must ensure that the payments you have agreed (£720 + £5500) are all that you will pay.

If RBS respond then they should state that it is accepted as full and final settlement of the debt and the balance will not be collected or sold on. If Bryan Carter respond, you should ask for them to ask RBS for a response to include the statement that the offer is accepted as full and final settlement and the balance will not collected or be sold on.

[mike'y]

Re: RBS unenforcibility query.

Hello Julian, RBS owns the debt and BC act for them. I owe appx 9k and am willing to pay a lump of appx 5,5k in 18 months time or more at a later date if I can afford to. They wrote to say my offer's been accepted and yet don't seem to know what it was. I'll wait for them to write back. In the meantime £40 a month seems pretty good. It's interest free afaik.

[julian]

Re: RBS unenforcibility query.

As mentioned above I offerred Bryan Carter 'token' monthly payments until I could make a lump sum payment in 18 months time. They wrote to me confirming acceptance of my offer also asking me if I would be able to keep up the payments given that I have limited means at the moment.


Who owns the debt now? Bryan Carter or RBS or AN Other? As Bryan Carter acts for itself and others, they may be conferring with their clients.

You seem to state that you will pay 18 months @ £40pm = £720 then a lump sum of the balance (£5,500 -720) = £4780. I think they will be very pleased with this offer.

[mike'y]

Re: RBS unenforcibility query.

Thank you Elsa. I'm hoping I've done the deal of the century ;-)