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Thank you for your question and welcome. My name is ***** ***** I will assist you. How much money is being demanded from the estate? Kind regards AJ
Thank you. I would start by writing to both Companies and explaining what is left in the estate. Ultimately these are unsecured creditors - they would be paid a sum relative to their debt - what percentage of the overall debt does each creditor represent. HCC are owed £600 out of £14000 - that is 4% of the overall debt. So in theory, they would not be entitled to more than 4% of what is left over. How much are the other creditors worth?
Thank you. When you write to Herts - after they have agreed to the amount the receive - tell them they have to take into account sums already received. The important thing is to get them to agree to the settlement figure in writing? Kind regards AJ
No problem. I would be most grateful if you would take a moment to rate my response? Kind regards AJ