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DMP vs Full & Final settlement and advice on SOA
Comments
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time to go back to the drawing board when you find out the news. It might mean a new plan being drawn up but if you let us know the outcome then we can play around with the situation.
"Stay Wonky":D
:j:jBecome Mrs Pepe 9 October 2012 :j:j0 -
Burlesque_Babe wrote: »time to go back to the drawing board when you find out the news. It might mean a new plan being drawn up but if you let us know the outcome then we can play around with the situation.Light Bulb Moment feb 2009
Started DMP June 2009
Struggling, debts still mounting due to interest & charges :mad:0 -
Dh has just called to ask me to fiind out the exact totals of all the debts, that was all he could say over the phone, he sounded really upset though, I wish I hadnt talked him into going nowLight Bulb Moment feb 2009
Started DMP June 2009
Struggling, debts still mounting due to interest & charges :mad:0 -
best to take a REALLY deep breath and get it all out in the open, that way, they can't say to you - why do you still have debt - when you've been half truthful and had the opportunity to come clean.
It really hurts - I cringe inwardly talking about debt to my parents to the extent that I just used to say I didn't have any over the years but the more times you can be open, the easier it gets.
They will be angry, and probably worried, but will still love your DH as much."Stay Wonky":D
:j:jBecome Mrs Pepe 9 October 2012 :j:j0 -
Sounds hopeful.Light Bulb Moment feb 2009
Started DMP June 2009
Struggling, debts still mounting due to interest & charges :mad:0 -
Burlesque_Babe wrote: »best to take a REALLY deep breath and get it all out in the open, that way, they can't say to you - why do you still have debt - when you've been half truthful and had the opportunity to come clean.
It really hurts - I cringe inwardly talking about debt to my parents to the extent that I just used to say I didn't have any over the years but the more times you can be open, the easier it gets.
They will be angry, and probably worried, but will still love your DH as much.Light Bulb Moment feb 2009
Started DMP June 2009
Struggling, debts still mounting due to interest & charges :mad:0 -
If they help you, and you cut back expenditure drastically to balance the books, this might be useful (when you find out the apr's and loan periods)
http://www.whatsthecost.com/snowball.aspxLight Bulb Moment feb 2009
Started DMP June 2009
Struggling, debts still mounting due to interest & charges :mad:0 -
Right DH has called, he has left his parents (Mum even gave him a hug) they will help but want to speak to the financial adviser at their bank, not sure if this is a good move as it is banks that got us into this mess!!!Light Bulb Moment feb 2009
Started DMP June 2009
Struggling, debts still mounting due to interest & charges :mad:0 -
hmmmmmm..............be careful with a financial advisor. They will possibly try to get you to consolidate, many people feel a financial advisor will be the best thing but they often have a set agenda.
The 525 months is with your current outgoings. Get the monthly spend down and see how the total number of months tumbles."Stay Wonky":D
:j:jBecome Mrs Pepe 9 October 2012 :j:j0 -
Burlesque_Babe wrote: »hmmmmmm..............be careful with a financial advisor. They will possibly try to get you to consolidate, many people feel a financial advisor will be the best thing but they often have a set agenda.
The 525 months is with your current outgoings. Get the monthly spend down and see how the total number of months tumbles.Light Bulb Moment feb 2009
Started DMP June 2009
Struggling, debts still mounting due to interest & charges :mad:0
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