DMP & Mutual Support Thread - Part 8

AmyV_2 · 18 June 2012 at 10:50AM

Squirrel29 wrote: »

I'm on a DMP with Payplan and recently had the pleasure of KPR (Nationwide) taking out a CCJ against a £2300 CC. Am waiting for redermination hearing.

They've written to me already to offer 50% off to settle my £500 OD with them which I ignored. Today they have written offering settlement at 25% (£125) and will mark my credit report with 'partially settled' and rest of balance written off.

I have fortunately earned some overtime this month which would allow me to afford this payment. Is it worth doing?

Hi Squirrel, Why did they decide to go for a CCJ? Hope the redetermination hearing gets things sorted for you :-)

So on one account they have gone for a CCJ, but the other they are offering you a settlement - crazy isn't it!.

Some people say that you shouldn't go for partial settlements as they could rear up again at some point. However we actually did a 25% partial settlement with KPR a while back.

I would make sure you get them to put it in writing that it is a partial settlement and that they will no longer chase you for the remaining amount and the account will be set to zero and they will not pass on the remainder to any other organisation to reclaim it either.

Good luck with it!

Newchapter · 18 June 2012 at 11:16AM

What a fantastic idea! I'm going to do the same with a special telephone voice from now on.

Time_to_face_the_music wrote: »

Hi Daisypop :wave:

We had no problems at all with Marbles but had a very similar issue with HBOS, constant phonecalls, one person knew, one person didn't, wanted the stuff from us that CCCS had already sent. What we did in the end was answer the phone but said nothing, as soon as the person at the other end identified themself, we would say "This is an automated message. I am on a DMP with CCCS and my reference number is ......", then put the phone down.

Two can play at an automated telephone system

kerinat · 18 June 2012 at 11:32AM

Hi all... We are on a dmp with cccs....debt now down to £5,000 from about £31,000. Problem is we stupidly have an overdraft of £2,000 between our accounts and are sinking again. Cant tell cccs as i dont think they would help us as we are not supposed to have an overdraft. I know we are stupid but just dont know what to do now

bertman · 18 June 2012 at 1:09PM

Hi All,

We will be starting our DMP with CCCS within the next week or so, I am ready to send the CC letters out with a token payment, but I saw something about paying these through online banking. Would this be a viable option?

Growurown · 18 June 2012 at 2:59PM

BlushingRose wrote: »

Right, we've been able to check a CC online, and the other two send us updates and no-one (so far) is charging interest.
However, we're going to have to make contact with the old bank where Mr BR has an old overdrawn account (closed) and a loan.

Great news BR. You will get there, just have to keep on persevering:)

kerinat wrote: »

Hi all... We are on a dmp with cccs....debt now down to £5,000 from about £31,000. Problem is we stupidly have an overdraft of £2,000 between our accounts and are sinking again. Cant tell cccs as i dont think they would help us as we are not supposed to have an overdraft. I know we are stupid but just dont know what to do now

Sorry to hear that Kerinat. Personally I would call CCCS. I'm sure that this isn't the first time they have had to deal with a case like yours. If they don't help could you self manage a DMP including the overdrafts? Would Payplan be an option?

bertman wrote: »

Hi All,

We will be starting our DMP with CCCS within the next week or so, I am ready to send the CC letters out with a token payment, but I saw something about paying these through online banking. Would this be a viable option?

I don't see why not. I would put that information in the letters, but if they are ready to go out you might not want to do them again! I have read people do postal orders so as not to give their creditors their bank details. If this isn't a problem for you then I think it should be fine.

BlushingRose · 18 June 2012 at 3:18PM

Growurown wrote: »

Great news BR. You will get there, just have to keep on persevering:)

Thanks hon x

Growurown wrote: »

I don't see why not. I would put that information in the letters, but if they are ready to go out you might not want to do them again! I have read people do postal orders so as not to give their creditors their bank details. If this isn't a problem for you then I think it should be fine.

We sent our token payments vis a postal order and no-one complained (although the bank sent one back as apparently we had the wrong address)

Squirrel29 · 18 June 2012 at 6:02PM

AmyV wrote: »

Hi Squirrel, Why did they decide to go for a CCJ? Hope the redetermination hearing gets things sorted for you :-)

So on one account they have gone for a CCJ, but the other they are offering you a settlement - crazy isn't it!.

Good luck with it!

I've no idea why they went for CCJ, I've always made my DMP payments on time and recently increased them. Seems very mean spirited.

speshfesh · 18 June 2012 at 6:13PM

Growurown wrote: »

Great news BR. You will get there, just have to keep on persevering:)

Sorry to hear that Kerinat. Personally I would call CCCS. I'm sure that this isn't the first time they have had to deal with a case like yours. If they don't help could you self manage a DMP including the overdrafts? Would Payplan be an option?

I don't see why not. I would put that information in the letters, but if they are ready to go out you might not want to do them again! I have read people do postal orders so as not to give their creditors their bank details. If this isn't a problem for you then I think it should be fine.

Have you tried the Santander BillPay site?
https://www.santanderbillpayment.co.uk/scripts/index.asp
They have links to a lot of institutions and no links with Santander bank accounts as far as I can see (in case Santander are one of your creditors).
Just a thought.:D

Time_to_face_the_music · 20 June 2012 at 7:35AM

kerinat wrote: »

Hi all... We are on a dmp with cccs....debt now down to £5,000 from about £31,000. Problem is we stupidly have an overdraft of £2,000 between our accounts and are sinking again. Cant tell cccs as i dont think they would help us as we are not supposed to have an overdraft. I know we are stupid but just dont know what to do now

Hi kerinat :wave:

Did you manage to get this sorted with CCCS?

Hopelessly_Hopeful · 20 June 2012 at 7:54AM

kerinat wrote: »

Hi all... We are on a dmp with cccs....debt now down to £5,000 from about £31,000. Problem is we stupidly have an overdraft of £2,000 between our accounts and are sinking again. Cant tell cccs as i dont think they would help us as we are not supposed to have an overdraft. I know we are stupid but just dont know what to do now

Sorry to hear you fell off the wagon

Maybe wise to speak to CCCS. Yes there is a chance they could cancel the DMP ....BUT.......you could always try elsewhere, or snowballing. The thing I would urge you to consideri s what is the alternative? Most of us will speak from experience and say if we had shouted up earlier we would be in a much better position rather than just paying extortionate interest rates.

Good luck

HHx

DMP & Mutual Support Thread - Part 8

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