DMP Mutual Support Thread (Part 5)

2spicy

youll be fine. we have a budget plan in place for gas / elec. in the winter its in debt, in summer, credit. it balances out. currently its £600 debt but Well continue paying the £70 a month

Daffykjs

cool ta! I have just checked and the DMP has £40 down for electric anyway. so won't have to up it AS much!

dlb

Well iv done it.....iv canceled my fee paying dmp company...and they were not happy because i had an answer for everything!!:D

1- You need to put it in writing ANSWER- i have 2 weeks ago as set out in point 2b of your T&C`s.;)

2-Is there a reason for leaving us after 3 yrs with us? ANSWER- Yes iv changed over to a non fee charging company that are doing the same job for me for free!!
:T
3-I will note it on the system as your letter isnt showing up yet and someone will contact you regarding you leaving us ANSWER- Thats fine but iv already canceled standing order thats due out next week, and once you have the letter on your system i would like all my personal date removed including phone numbers!! THEIR ANSWER- Oh yes we will remove it asap MY ANSWER-Yes i know or you will be breacing personal date law!:p
:rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl:
lol lol lol lol

Im so glad iv done it, all my creditors have been paid already with the payment i would normally send this company, and all were great about me leaving the dmp for a free one ie Payplan..even thought its not all sorted with them yet all creditors have agreed to deal with me directly even if there is a problem with payplan(not that i can forsee one)
I was offered 3 full and finals over phone whilst i was speaking to my crediotrs for the first time in 3 yrs...my largest creditor offered to reduce debt by £5000 !!!!! Wish i had the money to do it...but im happy with what i have acheived this week.:T :T

Donna
xxx

marfan_not_martian

Well done DLB :beer:

You are an inspiration to us all and I think we can all learn something from you - by having the facts and courage to stand up for whats right obviously gets you through dealing with these matters more easily.

Good luck with your free DMP I bet you have saved loads of money.

Once again well done you deserve a :T and a Cheer!!!!


MNM xx

massivedebts

Thanks for replying 2spicy! We don't have any equity at the mo'. House value approx 300 - 310,000 . we have secured loan of 50k and a mortgage of 242k, and our unsecured debts are almost 60k. Payplan have just called back and said that if it's protecting my house that means the most to me then an IVA would be best! I felt a little as though he was trying to sell me the IVA as it cost me fees, whereas the DMP is free. Really confused now, as was all set for going ahead with a DMP as thought my house would be safer that way, and now been told the contrary by Pay Plan!!Wonder whether I should have just waited til the 17th for CCCS. Any advice?........please!

marfan_not_martian

massivedebts wrote: »

Thanks for replying 2spicy! We don't have any equity at the mo'. House value approx 300 - 310,000 . we have secured loan of 50k and a mortgage of 242k, and our unsecured debts are almost 60k. Payplan have just called back and said that if it's protecting my house that means the most to me then an IVA would be best! I felt a little as though he was trying to sell me the IVA as it cost me fees, whereas the DMP is free. Really confused now, as was all set for going ahead with a DMP as thought my house would be safer that way, and now been told the contrary by Pay Plan!!Wonder whether I should have just waited til the 17th for CCCS. Any advice?........please!

If you go online with cccs and complete their debt remedy it will give you all the options available to you and it will show you all ther legal terms associated with each option. ie, bankrupcy, iva, DMP. You are not signing up to anything unless you wish to and you can then have a better understanding if a DMP really is suitable for you. There is also the option to have the debt remedy sent by email to you so you can refer back to it at a later date.

I did some work once for an insolvency practitioner and they loved selling iva's as like you say they can earn good money from it.

Good luck
mnm xx

massivedebts

Hi MNM
Thanks for getting back to me. I have done the debt remedy on CCCS and it offered IVA and DMP, the only reason that I contacted payplan was because it was such a long time before I could get to speak to anyone at CCCS, that I got inpatient as just want to crack on with it now! I see that you start on the 1/3/09 with CCCS, did it take you long from start to finish and did you contact Payplan aswell? Hope you don't mind me being nosey!

dlb

Its almost 2 weeks since i contacted payplan, but had an email and forms to fill in, and another email saying someone will ring within the week..so looking at 2 weeks from me first emailing them.
It may seem along time but be patient...it will be so worth the wait...just follow the advise on here, dont panic and very soon you will be giving the advise not asking for it...look and Marfan not martain...a complete turn around in under a month!

dlb

I only say that from experience massivedebts...just over 3yrs ago your post could have been mine...and now my life is back on track an end is in site and its the best thing i ever did...as it will be you
XXXX

candygirl

Talking about fee paying Debt managment companies, the Halifax tried to put me in contact with theirs today, despite knowing there's no way I can afford it:rolleyes: :rolleyes:
I feel like i've wasted my time with all the letters, phone calls and sending budgets etc in.Do they never ever read them?:mad: :mad: :mad: