DMP - Which companies accept & which fight it?

spud30

Thanks everyone, if only getting into debt felt so bad ehh !!!

Caleo, I'm honoured you first ever post was to me.

Off now to sit by the phone.....speak to you all later x

caleo

Spud

Well, I am sure you are deserving of my first post!! I hope that by now, you are sitting down with a weight lifted off your shoulders!!!:dance:

Maybe I should think about putting down my story one of these days!!

It makes such a difference when you know that there are so many other people in the same boat!!!

Waiting to hear how you got on!

Caleo

ozzyfan_2

Yes hope everything went well for you Spud

And a big :hello: to you caleo, welcome to the dfw board :j

davek1

come on spud tell us how it went. bet it wasn't too bad at all and bet you feel loads better now

Good luck im on a DMP with Payplan so understand your concerns but it will be fine honest

Dave

spud30

So sorry guys,

I had to literally run off to work the minute the call ended, then I had my kids sports day, then I did an extra shift at work.

It was fine, really nice lady rang me 5 minutes early :eek:

We have a love of dogs in common, and when she heard ours bark, she asked what we've got and was really jealous so that broke the ice.

She added things into our budget, which was already quite tight, but we are OK to set up a DMP, at £5 per creditor per month, £35.

Apparently we have to allow £20 per month for car maintenance, £20 for birthdays and Christmas and £7 for something else, cant remember what. She said grocery allowance was too low at £315....we had originally set it at £200 until advice from Wonder Girl :rotfl:

As our income increases, then the DMP payments can increase accordingly. What we plan to do is save every penny we can, get to a certain level then pay lump sums. Maybe get a buffer of £1000 in case of emergencies then save for lump sum payments. At our £35 per month, our DFD is something like 26 years away :eek:

All info is coming in the post, now we just have to hope our creditors agree and stop the interest etc. Still a way to go, but at least we've started to do something about our problem.

Thanks so much for all your advice and good wishes.

I couldn't have got through this without you lot :A :A :A :A

Wonder_Girl

:j :j :j

Yay! See I told you it would be ok

spud30

You did WG.

I was expecting a Yorkshire lad or lass to ring me, was surprised to get a broad Glasgow accent !!!

I'd be happier paying a bit more but will just save money wherever I can.

I really am ever so grateful for all your help.

Promise me you won't stop coming on MSE !!!!!

beanielou

Glad it went ok for you spud30

Mike_St_Helens

OMG, I thought that when you call payplan etc... its kind of a 6 monthly or annual thing, if you cant afford it then they get nowt !....

spud30

Mike_St_Helens wrote:

OMG, I thought that when you call payplan etc... its kind of a 6 monthly or annual thing, if you cant afford it then they get nowt !....

I know...we even discussed our hairdressing needs :rotfl: Why hadn't I included a monthly haircut in the budget, wouldn't it make me feel better to have a treat :rotfl:

They didn't want us to have to live on beans on toast...tried to explain that I actually really like beans on toast, but no

At £35 per month, I will be retired by the time we're solvent. My kids will be in their 30s :eek: