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Advice regarding debt management plan
moneysaver09
Posts: 70 Forumite
Hi
i was looking into starting a debt management plan to sort out my debts.
I have hire purchase on a car though and was just wondering if i needed to include this in the debt management plan or could i leave this out and just continue to pay the full payment and keep the car as is needed for transport for work?
Also would i be eligible for dmp as i have never missed payments on my debts but i am not going to nbe able to afford to keep up due to partner being made redundant?
Thanks
i was looking into starting a debt management plan to sort out my debts.
I have hire purchase on a car though and was just wondering if i needed to include this in the debt management plan or could i leave this out and just continue to pay the full payment and keep the car as is needed for transport for work?
Also would i be eligible for dmp as i have never missed payments on my debts but i am not going to nbe able to afford to keep up due to partner being made redundant?
Thanks
Eleventh Heaven no.110
1.cash 2.laptop 3.holiday 4.golf stuff 5.vouchers 6.sky package 7.toys 8.short break 9.hd vid cam 10.clothes 11.bed
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Comments
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You should be able to go on a DMP & as far as I know car would have to be included.I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
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One debt remaining. Home improvement loan.0 -
im with CCCS who are brilliant, i could not include my car in this as its a something that can be taken from you if you lower payments, they dont include it in the plan. Speak to CCCS - i hadnt missed any payments, they were late but i was borrowing from all over to cover them.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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Thanks for the info. Just to make it clear, u diudnt include car finance in debt management plan is that correct? did you just seperately make the full payment to them yourself? Eleventh Heaven no.110 1.cash 2.laptop 3.holiday 4.golf stuff 5.vouchers 6.sky package 7.toys 8.short break 9.hd vid cam 10.clothes 11.bed0
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