DMP Mutual Support Thread (Part 5)

newlywed

icecube2009 wrote: »

Thanks. I am really new to all this, and keep thinking of things I am not really sure about! want to make sure I know exactly what I am doing before I start!
Have a couple of friends who did DIY DMP's (dodnt go through any company just did everything themselves) and told me to do it like that, but I would rather have some sort of support!

I didn't want to go DIY either - it was a big step for me to admit I couldn't sort out my debt by myself and I felt I needed the support of someone else. Plus with a DMP company you only pay one payment each month and don't have to remember who to pay what to

St0lli

geoffmr1 wrote: »

Hi StOlli,

Can I just ask, was it definately an SAR request you sent to MBNA as it seems strange they would just supply the charges or statements? To me that would suggest they have mixed up an SAR request with a request for statements to reclaim charges. After all, even if they didn't have a copy of the CCA they should still have supplied documents with any telephone conversations which have happened & any letters they have previously sent you & any you have sent them.

Hiya Geoff, you are correct. I've just checked and the letter I sent was the template from here which is advised for reclaiming credit cards charges. I will need to send a SAR letter enclosing £10.

Thanks for the prompt!

icecube2009

cocker100 wrote: »

Any spare cash you aquire can be used to add to your emergency fund in case of any unexpected bills etc not budgeted for in your normal monthly budget.

You could also save it to offer one of your creditors a full and final offer to settle the account.

Using it just to clear so much of the balance to one particular creditor may be seen as favouritism towards one creditor. If any of the others found out about it, they may kick up a fuss.

At this early stage of your DMP, I would probably just keep hold of it for now.

Cocker:)

Thanks, I havent even started the DMP yet, just want to get all my questions answered! friends all say its easy & they have had no threatening letters or anything, and one says he is paying some of his creditors just a £1 each & 2 have gone to default so he doesnt pay them anything, not quite sure why that is either, but dont want to listed to advice from friends & find it not to be the right advice!

newlywed

icecube2009 wrote: »

2 have gone to default so he doesnt pay them anything

I'm not quite sure why that would be either!

Two of mine have issued default notices but they still get paid each month by CCCS. The default notices just mean a black mark on my credit rating (whoop de dooo - it's rubbish anyway) and that they stop interest - which is the whole aim of a DMP !!!

They could still take further action against him if he is paying nothing (eg CCJ) and the court apparently looks more favourably upon people trying to make at least a token payment, rather than those who ignore their debts or try to avoid them.

If I were you, I'd suggest he pops onto this thread - or asks CCCS, Payplan or National Debtline for a bit of advice.

And I'd also .... take their advice with a slight pinch of salt sorry.

icecube2009

newlywed wrote: »

I'm not quite sure why that would be either!

Two of mine have issued default notices but they still get paid each month by CCCS. The default notices just mean a black mark on my credit rating (whoop de dooo - it's rubbish anyway) and that they stop interest - which is the whole aim of a DMP !!!

They could still take further action against him if he is paying nothing (eg CCJ) and the court apparently looks more favourably upon people trying to make at least a token payment, rather than those who ignore their debts or try to avoid them.

Thats what I thought, thanks for your help.

icecube2009

newlywed wrote: »

If I were you, I'd suggest he pops onto this thread - or asks CCCS, Payplan or National Debtline for a bit of advice.

And I'd also .... take their advice with a slight pinch of salt sorry.

yes thanks will do that! although it does help knowing that 2 of our closest friends are doing DMP's also 2 other friends IVA's, and possibly others we don't know about! make me feel not quite so terrible for getting into this situation!

newlywed

I think if he's doing an IVA or about to go into an IVA then the advice on payments is different to a DMP as I think they pay them a really low amount to encourage them to agree to the IVA terms (being less than the full debt amount)

dlb

Morning all not been on for a few day as hubby has slipped a disc in his back and is now off work!!! So have been busy reworking budget to allow for wage drop for the next few weeks!

Hope you are all doing ok..see we have alot of new faces..so hello!!!!

Icecube you will be suprised how many people are in the same situation, when i started out over 3 yrs ago now i knew no-one, we have since found out 2 of our close friends have been on dmps for about the same lenght of time and know 2 others who have started a dmp in the last year.
We are not the only ones!! lol

Keep asking questions, it isnt very often someone on here cant answer it, we have long timer like myself, people in the middle of their plans, people just starting out, people on payplan, people on cccs, some doing DIY dmps, and people like me who have had experience of the fee paying firms. Between us we are a mass of knowledge that we are only to happy to pass on.

STAY PROUD EVERYONE, HEAD HELD HIGH..WE ARE DEALING WITH THE DETBS!!!

Donna
xx

sandalwood_2

dlb wrote: »

Morning all not been on for a few day as hubby has slipped a disc in his back and is now off work!!! So have been busy reworking budget to allow for wage drop for the next few weeks!

Hope you are all doing ok..see we have alot of new faces..so hello!!!!

Icecube you will be suprised how many people are in the same situation, when i started out over 3 yrs ago now i knew no-one, we have since found out 2 of our close friends have been on dmps for about the same lenght of time and know 2 others who have started a dmp in the last year.
We are not the only ones!! lol

Keep asking questions, it isnt very often someone on here cant answer it, we have long timer like myself, people in the middle of their plans, people just starting out, people on payplan, people on cccs, some doing DIY dmps, and people like me who have had experience of the fee paying firms. Between us we are a mass of knowledge that we are only to happy to pass on.

STAY PROUD EVERYONE, HEAD HELD HIGH..WE ARE DEALING WITH THE DETBS!!!

Donna
xx

Hi new on the thread,have been reading this thread for the last few days and going to start a DMP shortly,have organised new bank accounts,changing home phone number and so on.You say above that you have had exprience with the fee paying companys,would you say that these take more of the flack form people u owe the cash too as you are paying them to do so? Myself and partner was going to start one with a fee paying firm for the first 6-12 months,until we know what we are doing them maybe go to CCCS/payplan...
Thanking u in adavance for your comments
jaybag

rachaelfleur

Why doesn't anyone put their contact addresses online anymore?? :mad: I'm trying to get the customer service address for both LLoyds TSB and RBS but they don't have them anywhere on their websites! I would look at my statements but I don't have any (you'd be lucky if I even opened them!). Does anyone know these addresses?