DMP & Mutual Support Thread - Part 9

CharliesAngel · 1 March 2013 at 1:32PM

Fatbottomgirl wrote: »

Has anyone got experience of HSBC?? They have sent us letters saying the signature doesn't match the signatures they have on record ???? ! We need to go into branch to confirm signatures? are they playing for time? They have said they won't accept the DMP until they verify the signature.

Don't do it! I wouldn't want to accuse anyone of fraudulent behavour however I'd think it would be easy for them to provide a 'signed' CCA if ever you asked for one...

CA x

Growurown · 1 March 2013 at 2:18PM

dmp2013 wrote: »

I also rang Halifax today, as after their interest (which is 'reduced') I am paying them just £1.37 a month- ahhhh!! Im going to be in my DMP forever at this rate!

Halifax has been my worst creditor too. No surprise they are aka 'Hellifax':rotfl:

Growurown · 1 March 2013 at 2:31PM

Murphy2011 wrote: »

Does anyone have any experience of longer term DMP or debt & mental health issues so I know what to expect if I have to give up work?

Hi Murphy2011. I haven't any specific experience in this area, but if you have to give up your job due to ill health then your creditors will have to accept lower payments. You will need to do a new budget and creditors can't have what you haven't got. It might be an idea to get some professional advice about your options because the change in your income may mean that a DMP isn't the best method of tackling your debt anymore.

Ellieseleven · 1 March 2013 at 4:56PM

Another payment down and a step nearer to being debt-free

M&S have washed their hands of me and passed me on to Idem Capital Securities but I see this as a positive thing as I was worried about getting close to minimum payments and interest being re-instated.

I've gone over my budget in the grocery challenge for the month but not by too much.:o

Saving a bunch by taking sandwiches to work every day and trying to put this away for a rainy day. My emergency fund was wiped out by all the car costs that I have incurred over the last few months but starting to add to it again now;)

Good Luck to everyone starting out on their own DMP's this month

Take care everyone

Ellie xx

Mossop01 · 1 March 2013 at 5:20PM

Hi all first payment to SC gone today, which is a good thing, but work got my wages wrong, im down by £170, so thats put me on a bit of a downer, means theres is literally just enough for petrol and groceries all month but nevermind bills are paid and cupboards are full (for now)
Happy first dmp payment day to all the others who start today, the countdown to freedom begins here!

Allypops · 1 March 2013 at 5:22PM

Ellieseleven wrote: »

Another payment down and a step nearer to being debt-free

M&S have washed their hands of me and passed me on to Idem Capital Securities but I see this as a positive thing as I was worried about getting close to minimum payments and interest being re-instated.

I think that's probably a positive thing too.

Hopelessly_Hopeful · 1 March 2013 at 5:31PM

Mossop01 wrote: »

Hi all first payment to SC gone today, which is a good thing, but work got my wages wrong, im down by £170, so thats put me on a bit of a downer, means theres is literally just enough for petrol and groceries all month but nevermind bills are paid and cupboards are full (for now)
Happy first dmp payment day to all the others who start today, the countdown to freedom begins here!

Hi

Sorry to hear about work.

If you call SC they can do a reverse to give you £170 this month

Hope that helps

HHx

Hopelessly_Hopeful · 1 March 2013 at 5:32PM

Ellieseleven wrote: »

Another payment down and a step nearer to being debt-free

M&S have washed their hands of me and passed me on to Idem Capital Securities but I see this as a positive thing as I was worried about getting close to minimum payments and interest being re-instated.

I've gone over my budget in the grocery challenge for the month but not by too much.:o

Saving a bunch by taking sandwiches to work every day and trying to put this away for a rainy day. My emergency fund was wiped out by all the car costs that I have incurred over the last few months but starting to add to it again now;)

Good Luck to everyone starting out on their own DMP's this month

Take care everyone

Ellie xx

Yes agreed Ellie, good outcome:)

HHx

Mossop01 · 1 March 2013 at 6:16PM

Hi HH, thanks for advice, didnt know SC could do that, id rather not tho, only 1st payment, would be quite depressing if i had to do that so early, we have what we need so no excuse not to carry on as normal, i can always put it in emergency fund next month, good to know info tho incase i need to use it later. Thanks

Mossop01 · 1 March 2013 at 6:17PM

Hi ellie sounds like good news from M&S! Keep plodding on x

DMP & Mutual Support Thread - Part 9

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