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payplan and DMP advice needed
pruney
Posts: 336 Forumite
Hello All
I was wondering if anyone might be able to help me?
I am in a DMP with payplan and I have just under £13k to pay back, debt was originally approx £33k.
As I have already paid just over 60% of my total debt back, I was wondering whether if I had say £6000 to offer them for full repayment of all the debts in the DMP, do you think they'd accept that reduced sum?
I know Payplan have said that if I come into a lump sum which isn't as much as what I owe, creditors often accept a reduced sum but I didn't know if they'd accept that much.
I'd also like to point out that I don't have £6k (I wish!) but my Dad has helped me out in the past and said he would again in the future so I'm just wondering if I was fortunate enough for him to give me the same again, could I kiss it all goodbye.
Any advice would be welcomed.
I was wondering if anyone might be able to help me?
I am in a DMP with payplan and I have just under £13k to pay back, debt was originally approx £33k.
As I have already paid just over 60% of my total debt back, I was wondering whether if I had say £6000 to offer them for full repayment of all the debts in the DMP, do you think they'd accept that reduced sum?
I know Payplan have said that if I come into a lump sum which isn't as much as what I owe, creditors often accept a reduced sum but I didn't know if they'd accept that much.
I'd also like to point out that I don't have £6k (I wish!) but my Dad has helped me out in the past and said he would again in the future so I'm just wondering if I was fortunate enough for him to give me the same again, could I kiss it all goodbye.
Any advice would be welcomed.
0
Comments
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I with payplan as well & owe 10k. Let me know how you get on with a reduced payment back as that would be useful.
Im sure if you give them a call they would advise you what to do. Good luck & keep me posted.
:j0 -
Great idea!!
Please let us know if this is accepted by Payplan0
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