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    • moto007
    • By moto007 11th Sep 17, 9:02 PM
    • 6Posts
    • 0Thanks
    Loan and best course of action
    • #1
    • 11th Sep 17, 9:02 PM
    Loan and best course of action 11th Sep 17 at 9:02 PM
    Hello Expert,

    Currently I am living off of government benefit because of disability to work due to my medical condition. Currently I am recovering and benefits in helping me to meet my day to day need.
    Before my surgery I had some load (under 20,000) and I enrolled in to token plan with step change. Now I got letter from step change they cannot support the token plan as
    its more than 2 years,so now either I have to declare bankruptcy or dept management plan. Since my surplus is more than 49 pound step change ask me to enroll in to dept management plan.
    How can i go paying off the dept with bare minimum money that I get from benefit. What would be the right move in this case? Please expert suggest me in this scenario.
Page 1
    • debt doctor
    • By debt doctor 13th Sep 17, 7:25 PM
    • 4,219 Posts
    • 5,891 Thanks
    debt doctor
    • #2
    • 13th Sep 17, 7:25 PM
    • #2
    • 13th Sep 17, 7:25 PM
    This is the second very strange thing I've seen from Step Change tonight. There is absolutely no reason why you can't carry on making token offers of £1 per month, 2 years has nothing to do with anything. You could just make the £1 payments yourself - without Step Change.

    You may be eligible for a DRO (you may not truly have a surplus of over £49). Put up your SOA on here so we can look at your income and expenses to advise you further.
    Debt Doctor, Debt caseworker, Citizens' Advice Bureau .
    Impartial debt advice services: Citizens Advice Bureau Find your local CAB *** National Debtline - Tel: 0808 808 4000*** BSC No. 100 ***
    • moto007
    • By moto007 14th Sep 17, 1:40 AM
    • 6 Posts
    • 0 Thanks
    • #3
    • 14th Sep 17, 1:40 AM
    • #3
    • 14th Sep 17, 1:40 AM
    Thank you for your reply. How do I setup the payment to creditor by my self? I was in the assumption some mediator have to present to deal with creditor. May be step change is the only mediator I know.
    So based on your above suggestion can I just do the direct deposit to my creditor until I am able.
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