"Full & Final Settlements"
- Brief Description:
- Full & Final Settlement is suitable strategy if you have access to a large amount of capital, usually totalling 50% of the debt.
- Negotiations take place with creditors who may be persuaded to accept a one–off, lump sum payment, which is less than the total amount owed, in return for writing off the remainder of the debt as a ‘Full and Final Settlement’.
- In order to do Full & Final Settlements there is a very strict criteria. Also it can take a very long time to agree to a settlement.
- The examples shown below link out to our Debt Help Forum where you will find some recent settlements that have been agreed with clients:
Contact us to see if a Full & Final Settlement is the right option for you.