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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by beermonster[/i] [br]Hi I have 8 creditors in all and have been toying with the idea of going bankrupt, there is no equity in our house. I cashed in some endowments and raised £12 500, our debts came to £40 000 so I offered each creditor 30% as full and final settlements. Three of them accepted and our debts are now £21 000. I am still negotiating with the remaining creditors. My husband has been made bankrupt and we have very little disposable income so I am really keen to get the other companies to accept rather than go into debt management plans for them all. Would it be a good idea to maybe up my offer to the bigger companies (40% maybe) and just offer token payments to the others till we are in a position to pay more? Can you offer token payments of as little as £10 or can the companies insist you pay more? Sorry-lots of questions and a bit confused-hope it all makes sense! [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.