Settlements

What are Full and Final Settlements?

This is where customers have obtained finance but it is not enough to clear all debts in full.
This is an informal arrangement and sometimes called partial settlements.
Customers must be in financial difficulty.
Customers must have at least 3 creditors.
Customers credit file maybe affected but debt will show as satisfied.
May write off a percentage of debt.

Don't Forget your Will

With today's hectic lifestyle it is easy to forget to make a Will. The average delay of distribution of an estate is 2 years, with a will it takes 6 weeks – 6 months.

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