DMP Mutual Support Thread (Part 6)

thestealer

Just an update, I'm only 1 month into my DMP so things are still a bit hectic.

Most creditors have accepted the terms of the DMP but one who shall remain nameless **cough cough LookAgain cough** simply refuse to even talk about the situation which is a bit weird as we only owe them about £100. They insist on computer generated calls which I just refuse to answer. I'll talk to anybody but not machines.

I also have identified the "difficult" creditor who shall also remain nameless **cough Citibank cough cough**. They have called me at least once a day for the past couple of weeks asking for payment, odd thing is, when I tell them I'm on a DMP they hang up before I can even complete the sentence. My wife answered the phone yesterday and said "hold on I'll get him", by the time I reached the phone they had hung up again. Again, I'm happy to talk to creditors but surely they have to give me a fighting chance :rolleyes:

Makes me laugh anyways

scouselad1974

thestealer wrote: »

Just an update, I'm only 1 month into my DMP so things are still a bit hectic.

Most creditors have accepted the terms of the DMP but one who shall remain nameless **cough cough LookAgain cough** simply refuse to even talk about the situation which is a bit weird as we only owe them about £100. They insist on computer generated calls which I just refuse to answer. I'll talk to anybody but not machines.

I also have identified the "difficult" creditor who shall also remain nameless **cough Citibank cough cough**. They have called me at least once a day for the past couple of weeks asking for payment, odd thing is, when I tell them I'm on a DMP they hang up before I can even complete the sentence. My wife answered the phone yesterday and said "hold on I'll get him", by the time I reached the phone they had hung up again. Again, I'm happy to talk to creditors but surely they have to give me a fighting chance :rolleyes:

Makes me laugh anyways

Hi

I'm glad that the majority of your creditors have accepted your DMP, from what I have read here Look Again can be quite difficult, Citi Cards never accepted my DMP either, but they did freeze interest for 6 months then passed to a DCA who accepted my DMP without a problem, I think they are currently in the process of selling all of their credit card accounts anyway.

I to was more than willing to discuss my situation with my creditors at the start of my DMP, but after so long you begin to realise that you are totally wasting your time, as they like to play games, in the end I think a letter is a much better option, although I have discovered that a good few won't reply to you no matter what you request. Being fair though some of my creditors have been very helpfull it's just the odd few that have been complete !!!!!!!

Good luck

ianmak

All I can add is the creditors with the smallest debts are the most difficult, prob because they can't understand why you can't just pay that amount and pay them off.

Regarding hanging up, I had a number of calls where they'd phone you, they'd do the checks, then say, 'oh sorry, someone's already spoken to you, we'll leave you alone'. I think the automated ringing systems take time to update...

Hope everyone is doing well!!!

icecube2009

Looking for some advice please.
We sterted our DMP in June 2009, with the CCCS. We currently pay £300 a month which means we pay our creditors about 1/4 of them amount we use to pay each month & constanlty have them on our backs, especially LLoyds TSB.

Ous debts are around the £50k mark (mine & hubbys combined) and if everyone were to stop interest it would take 16 years to be debt free :eek:, BUT they havent all stopped interest & at the moment we owe more than when we started. It is horrible, there isnt a day goes by when it isnt on my mind, on top of that having no spare cash is a nightmare, I have two teenage children & I can only afford to buy them one item of clothing each a month, DS has grown out of everything & is at the moment living in the same 2 tops & trousers as I cant afford any more.
I cant afford to let them go out to the cinema with friends without it having a real knock on effect, it is really getting me down.
SO my queston is, would we be better off on an IVA? Hubby has 2 friends who are on iva's in recon its the best thing they have ever done. One got his £50k debt reduced to £12500, paid it for a year and now has been made redundant and has a lump sum to be able to offer them a F&F of £8k.
So DH wants to go the IVA route but I am not so sure?
Any advice appreciated??
Thanks

elsie52

Hi

Looking for advice here guys.......Has anyone gone down the CCA route whilst on a DMP?

ianmak

I think quite a few have, will see if I can find anything on this thread about it.

elsie52

Thanks ianmak

We have decided to take the bull by the horns and go for uneforceability on 6 accounts.

Watch this space.!!:eek:

mamajojo

Interested to hear how you go Elsie -been wondering how / what effect this would have on dmp. Good luck!

ianmak

There maybe something here?
http://forums.moneysavingexpert.com/showthread.html?t=2305463&highlight=cca

icecube2009

elsie52 wrote: »

Thanks ianmak

We have decided to take the bull by the horns and go for uneforceability on 6 accounts.

Watch this space.!!:eek:

What does this mean?