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Can anyone help me? DMP/IVA/BR
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i need to talk to you regarding the figs you can call me if you like just pm meAqua card - £250 Limit up to date, Jd Williams £150 limit up to date, Argos store card £400 limit up to date, Next £300 limit up to date.:beer:0
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What does pm mean? I am new to all this. Are you an IP?0
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it means private message me then i can give you my numberAqua card - £250 Limit up to date, Jd Williams £150 limit up to date, Argos store card £400 limit up to date, Next £300 limit up to date.:beer:0
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have pm you nowAqua card - £250 Limit up to date, Jd Williams £150 limit up to date, Argos store card £400 limit up to date, Next £300 limit up to date.:beer:0
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How did the meeting go on Saturday?Would you ask the wolves to look after the sheep?
CCCS funded by banks0 -
How can they BR you if the loans are all unsecured?
I'm presuming that BR means they make you sell the house to pay off creditors.
JohnIf God didn't want us to eat animals, why did he make them out of meat. :beer::beer:0 -
BR clears unsecured loans, it is secured loans it doesn't clear. If you go BR you don't necesarily lose the house, you will be given a chance to buy the OR's interest in any equity in the property.BSCno.87The only stupid question is an unasked oneLoving life as a Kernow Hippy0
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Thought BR meant they took your house.
How do you pay off the equity to the OR?
Monthly payments?
Regards
JohnIf God didn't want us to eat animals, why did he make them out of meat. :beer::beer:0 -
they dont take your house, their interest is only in the equity in your house - ie the portion that belongs to YOU!
There are a number of ways to address the equity... your partner or family member could buy you out for example.Would you ask the wolves to look after the sheep?
CCCS funded by banks0 -
Equity release when there is only 35K in the val?? If you choose an DM plan then they could focus solely on for loan and credit card debts. This would free up some of your surplus spending of which you could use to make over payments on the credit cards/loans with the highest rates. All the time keeping control of what you own/owe.
Try contacting a DM company and seeing how much they could reduce your payments to. Come credit card companies will allow you to make as little as 25%. For example if you where paying £100 per month then you would pay £25. The interest would be stopped. In the back ground you could then make over payments (Or save the money) and pay off the as soon as possible. However do not place your mortgage on this plan.
Also note that most DM companies take the first 3 payments and then 15% as fees.0
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