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DMPs and the self employed
ChrisWP_2
Posts: 7 Forumite
Hello, just joined the forum!
I've just tried the Debt Remedy on the cccs site, and couldnt get past the first page
as it said they cant help the self employed. Is it not possible to do a dmp when self-
employed?
Tks
I've just tried the Debt Remedy on the cccs site, and couldnt get past the first page
as it said they cant help the self employed. Is it not possible to do a dmp when self-
employed?
Tks
0
Comments
-
Hello Chris :hello:
Welcome to the forum,I have no experience with SE, I guess it may well be because of your income, however, click the link within my signature and take advice from the experts
Click here for Martins (MSE) advice on who to contact with Debt Issues - YOU HAVE NO REASON TO USE A FEE PAYING DEBT MANAGEMENT COMPANY- THEY CANNOT DO ANYMORE FOR YOU THAN THOSE LISTED IN MY LINK ABOVE.
All information given by myself is offered informally and without prejudice - if in doubt seek help from a qualified and insured professional0 -
Thanks very much, will have a look.
Dont think its about income, because it didnt even let me get that far after asking if
I was self employed.0 -
Other people have managed to get dmp through payplan when they were self employedAchieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £169.8K Equity 37.1%
2) £2.4K Net savings after CCs March 26 (but owed £1.1K) so £3.5K
3) Mortgage neutral by 06/30 (AVC £36.2K + Lump Sums DB £4.6K + (25% of SIPP 1.3K) = 42.1£127.5K target 33% 27/2/26 (If took bigger lump sum = 64K or 50.1%)
4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
5) SIPP £5.2K updated 16/1/260 -
Hi ChrisWP,
I have seen several posts on here from people who are self employed, CCCS can help but you need to phone them because it's a more complicated situation. CCCS are brilliant and totally non judgemental, if you do decide to phone.DMP Support Thread Member 238
DMP started October 20080 -
Thanks for the replies, I'll give them a ring first thing tomorrow and see what they say.
Cheers!0 -
Good Luck
let us know how you get on.DMP Support Thread Member 238DMP started October 20080
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