DMP Mutual Support Thread (Part 5)

scouselad1974

Hi
Thanks for that, I understand where you are coming from, my smallest debt is probably around the £150 mark but to be honest I can't even see myself being able to find that amount before the DMP starts, as in the past I have been robbing peter to pay paul, I could give it a go but I would be scared of not putting my smaller creditors in just in case I couldn't pay them off before the DMP began.

Eupho

jenevieve wrote: »

Evening everyone,
It's been glorious sunshine here in sunny Norfolk; hope everyone else has had a lovely sunny day.
Next have accepted my DMP.
MBNA have not.

Haven't heard from any of the others yet.

Expected MBNA to be a bit difficult from other people's experiences. I am hoping they will jump on board when they realise I am serious and committed over the next few months.

I cannot pay any more anyway and so at the moment I am not going to get stressed about it.

Happy Bank Holiday to all! xx

Hi jenevieve :wave:
Fabby today in sunny Cornwall too :T

I too am waiting for 'replies' .. about 6 of my 13 creditors have NOT (so far anyway) cashed my token payments.

I have only had one reply so far.. That was from Hitachi Capital (DFS Sofa)... basically it was a no chance.. pay up to date or else they were passing me to the litigation and debt department! :rolleyes:

I was so nervous about the replies.. I was quivering when I opened that.. but when I read it... after the nice letter I sent.. :rotfl:... it just made me mad! :mad:

Anyhooo.. I have written them another one (template) .. asking them to reconsider as most of my other creditors have accepted my offer.. (yeaahh riiiight).. haha.

We'll see.

Eupho

But I thought I would post it here in case it encourages/helps any one else.

---

:beer:

Today I feel much more positive again..

I have got myself into this mess.. and now I need to shut up whining and do what I can to get myself OUT of it too.

No matter how much I bleat & moan (mostly internally) .. I know it HAS to happen.. and no matter really.. what I say or do.. it WILL happen.

So I know I have to make the best of it .. be prepared to 'do battle' .. and fight to pay back what I owe at a rate I can afford.

I keep thinking about this.. Whats the WORST that can happen? .. I have no house for them to take (if it ever got that far).. so my 'home' is not at risk.. I have no assets.. so there is nothing that I can lose there either. I have no 'partner' I have to tell/keep it from/work with. So I don't have to worry about any of that either. I don't have a relationship to put strain on.

and other than trying to work my butt off to pay these back.. and having to tightened my belt.. make changes in shopping/bills/spending etc..
after the flurry of calls, letters.. threats.. bullying? ...

the WORST that can happen is that I end up having to go to court.. (or getting dragged there) .. Getting default notices.. and getting those slapped on my credit file.

and as for all that.. I don't really care.. for me.. I dont think it matters too much. I have no intention of buying a house of taking/trying for any credit for the forseeable future.. So what does it matter if my credit rating is knackered for the next however many years.

Soo.. If I can take the calls/letters/threats/courts... (and once I think clearly and calm down.. I CAN) ...

I know I need to keep in mind.. letters/calls/default notices/courts.. however it will pan out.. Are not aimed at ME personally.. They are just standed procedure that would happen to anyone in my situation.

Then thats all I have to do.. It's not so scary when I look at it that way.

How I handle this .. is what matters.

RachM

Evening everyone
Thanks for the welcome.

I have had a lovely chilled afternoon in the garden - hot sunshine up north!

Sometimes I feel really positive about the step I am taking by deciding to enter the DMP - I'm actually looking forward to budgeting properly and spending real money (or not ), instead of relying on credit all the time.

The next minute fear of the unknown takes over. And fear of dealing with the creditors.

I feel so silly for being an ostrich for so long - I keep thinking if only I'd faced up to this years ago

Maybe my life is like that episode of Dallas - I will wake up in the shower and I won't be in debt, it will all have been a bad dream :rotfl:

Eupho

RachM wrote: »

Evening everyone
Thanks for the welcome.

I have had a lovely chilled afternoon in the garden - hot sunshine up north!

Sometimes I feel really positive about the step I am taking by deciding to enter the DMP - I'm actually looking forward to budgeting properly and spending real money (or not ), instead of relying on credit all the time.

The next minute fear of the unknown takes over. And fear of dealing with the creditors.

I feel so silly for being an ostrich for so long - I keep thinking if only I'd faced up to this years ago

Maybe my life is like that episode of Dallas - I will wake up in the shower and I won't be in debt, it will all have been a bad dream :rotfl:

Oh me too!.. I TRIED to sort this out exactly the same way (doing my own DMP) when it was 15G... but nope.. freaked out and put my head back in the sand. :rolleyes::rolleyes:

and now its more than doubled that.. tisk!.. I could kick my OWN !!!!. :rolleyes:

Nicki_Sue

Hi all - Sorry, havent posted in ages.
I'm posting now with a huge problem.
We are on a dmp (only approx 14years to go!), I am self employed, husband was on a lowish wage until today.. he's just been told he's being made redundant and has his wages on Friday to come plus one more week.
Obviously - we arent going to be able to pay the dmp - what now? Will be allowed to put it on hold for a short time while he finds employment? (Little chance of redundancy money but if there is it'll be approx 2 months wages).
Any advice much appreciated. Bloody bank hols lol - I'll ring CCCS on Tuesday but any advise of what is likely to happen would be appreciated. Blooming economy.
I'll have to tell tax credits too - not sure if this means we'll lose money through them (I get wtc on my self employed wage - dont think we both do?) and don't even know if he can claim dole or whatever it is?
Not a good day.

Eupho

Nicki_Sue wrote: »

Hi all - Sorry, havent posted in ages.
I'm posting now with a huge problem.
We are on a dmp (only approx 14years to go!), I am self employed, husband was on a lowish wage until today.. he's just been told he's being made redundant and has his wages on Friday to come plus one more week.
Obviously - we arent going to be able to pay the dmp - what now? Will be allowed to put it on hold for a short time while he finds employment? (Little chance of redundancy money but if there is it'll be approx 2 months wages).
Any advice much appreciated. Bloody bank hols lol - I'll ring CCCS on Tuesday but any advise of what is likely to happen would be appreciated. Blooming economy.
I'll have to tell tax credits too - not sure if this means we'll lose money through them (I get wtc on my self employed wage - dont think we both do?) and don't even know if he can claim dole or whatever it is?
Not a good day.

Helloo :wave:

Definitely call CCCS on Tuesday.. I doubt you would be able to put it on hold. I would THINK that you would be allowed to maybe make payments of a £1 for a while.. I assume so. At least you are still paying.. still showing willing and all that.. and I'm sure they would want SOME rather than none.

They can't get blood from a stone.. and you ARE doing what you can. Something like this with your hubby is an unfortunate unforeseen situation. So there MUST be allowances for this somewhere.

Maybe CCCS would rework your SOA with you.. and help you make new offers.

Try not to worry. I know that's easier said than done.. but they CANT have what you cant afford to give them can they. I dont really know about the other stuff myself. Maybe you would be entitled to more WFTC?

:wave:

Nicki_Sue

Thanks for replying - I'm sure it'll work out one way or another (daren't panic yet - will have to wait and see what happens on Tuesday). In the meantime its applying for anything and everything bless him. Will keep you all updated.

saskia1

RachM wrote: »

Evening everyone
Thanks for the welcome.

I have had a lovely chilled afternoon in the garden - hot sunshine up north!

Sometimes I feel really positive about the step I am taking by deciding to enter the DMP - I'm actually looking forward to budgeting properly and spending real money (or not ), instead of relying on credit all the time.

The next minute fear of the unknown takes over. And fear of dealing with the creditors.

I feel so silly for being an ostrich for so long - I keep thinking if only I'd faced up to this years ago

Maybe my life is like that episode of Dallas - I will wake up in the shower and I won't be in debt, it will all have been a bad dream :rotfl:

:rotfl::rotfl::rotfl:

me too !!

am in the same position hun - liv ed off my cards for the past year - knew this time would come but the ostrich in me kept thinking it may just go away -

have sent letters to all my creditors cept the bank i work for (don't ask!!!) with token payments & now am dreading the calls. Have had about 5 missed calls from m&s - but they are the automated ones where you go 'hello - hello' for about a minute - think its so they know what time your in?

but same as you -also feel strangely positive as its the first time in years that i am budgeting and can see a way out of this (ok - 10 yrs time but so....)

think once my own bank is 'sorted' i will be doing a self admin dmp - cccs have been great but think i would prefer to do it myself.

lets see what this week brings eh?

sas

Wiltsman_2

Hi there,
Im in the process of staring a DMP with CCCS , im worried about
everything ,but I have found this forum a great source of help and inspiration.

Thanks, Wiltsman.