Whatever your personal circumstances, promise will work to help find you a financial
solution
Full and Final Settlement of Your Debt
Promise Debt Solutions can also offer you a Full and Final Settlement service (F&F)
A Full and Final settlement allows you to clear your debts by making a reduced lump
sum payment. We will negotiate with your creditors on your behalf to settle unsecured
debts with funds you have available. This can, very often, be less than the amount
owed.
Any debt still outstanding is not pursuable and will be marked as satisfied on your
credit file, which will also show less than the full amount owed was accepted by
your creditor.
It is often common for creditors or their agents to offer reduced settlement figures
when you have demonstrated your commitment to repay your debts after a period of
time. We can help you with this negotiation.
If you have recently received a lump sum of money for example, from a re-mortgage,
inheritance, back-pay or any other source, that wouldn’t fully repay your existing
unsecured creditors; speak to us. Remember, Promise Debt Solutions could negotiate
to settle more of these debts than the actual funds you have available.
Your home may be repossessed if you do not keep up repayments on a mortgage or any
other debt secured on it
"Many thanks to all the staff for their exemplary work, without their help I don't know where I'd be now" Mr Westlake, Suffolk, Promise Debt Solutions