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DMP Mutual Support Thread - Part 7

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  • Chilli - you've done well with Halifax they rarely respond to anything. Perhaps they have a soft spot for passionate Scorpios! Glad to hear you have been treating the Mrs, you old romantic! Great news on the cheque back too, a wee treat and something for the rainy day fund perhaps?



    Happy weekend everyone xx

    Thanks, :p

    The cashback / Cheque from Npower is indeed for the Rainy Day fund.

    Feel a bit guilty saving it considering.........
    LBM = 10/10/10
    Debt at [STRIKE]14/10/10 = £56936.28[/STRIKE] --- 17/04/12 = £49673.01


    You cannot eat an elephant in one mouthful, just take a bite at a time!
  • Well, no post waiting for me today, with the exception of a couple of letters confirming the movement of my direct debits to the Co-Op account i set up, and one from Egg saying i Cancelled the DD (well, DUH!), but they are onboard with the DMP so all 'should' be good with them (Fingers crossed!)

    Chilli
    LBM = 10/10/10
    Debt at [STRIKE]14/10/10 = £56936.28[/STRIKE] --- 17/04/12 = £49673.01


    You cannot eat an elephant in one mouthful, just take a bite at a time!
  • Loubylou2 wrote: »
    Grant I'm so glad it went well for you in court. Hopefully the voice of reason will continue next week for you.

    Can I ask if anyone knows. What if a ccj hearing orders a higher repayment amount than you are paying? I presume that the only way to avoid a charging order would be to pay the increased amount but that would predjudice other creditors? So I guess you'd have to take the charging order or come off the DMP?
    Does any of that make sense and if so can anyone answer it!!

    As far as I am aware it would no longer be in the DMP as it becomes a priority debt! - Obviously I am no expert but you would have no choice other than to pay it - accepting a CO is not an alternative - do not be fooled into thinking a CO is a better option - avoiding them having a hold on any property is recommended!
  • Loubylou2 wrote: »
    Grant I'm so glad it went well for you in court. Hopefully the voice of reason will continue next week for you.

    Can I ask if anyone knows. What if a ccj hearing orders a higher repayment amount than you are paying? I presume that the only way to avoid a charging order would be to pay the increased amount but that would predjudice other creditors? So I guess you'd have to take the charging order or come off the DMP?
    Does any of that make sense and if so can anyone answer it!!


    Hi Lou

    Are you sure you aren't mixing the issues up sweetie? A charging order is when a creditor has a judgement past to have money back from the equity you may have in the event you sell your house. So would only come into effect IF you decided to sell and still owed them money.

    If you are making regular payments even if small amount and particular if through CCCS/PP etc it is unlikely CCJ would go against you in any case. It's just bully tactics from the Preditors. Does that make sense?


    I can't recall your situation - are you on DMP?

    HHx
  • Thanks, :p

    The cashback / Cheque from Npower is indeed for the Rainy Day fund.

    Feel a bit guilty saving it considering.........


    Life's too short for guilt trips. You got into debt you didnt kill anyone. Chill we all need the odd treat to make it through this stuff. We just think much more about what makes a treat.

    HHx
  • ianmak
    ianmak Posts: 1,125 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    grantalien wrote: »
    well! redetermination was interesting!
    Had a chat with Nationwides representative solicitor prior to seeing the judge - to be honest he was very transparent and explained the process very well - was also honest and outlined what he would be going for.

    judge was a bit dour but looking at things in the interest on fairness - he eventually found in our favour - Nationwide had already requested a forthwith judgement that had been refused and asked again for a charging order! - Judge refused this and set a review of 12 months and discharged the payments by monthly installments at what we had been paying for the last 13 months via payplan.

    All in all it was a wee bit scary (although the oppositions solicitor did a lot to put us at ease! - he did fight hard but to be honest its his job) but you can see for the judge its a mundane process based on what he thinks is necessary to secure continued payments.

    Got to do it all again on Tuesday for another CC in my name again from Nationwide - be interesting to see what the outcome is!

    gonna have fish and chips and beer as a relief treat...for now:rotfl:

    Fascinating stuff, sounds like you had a ball! Always curious to hear how the court stuff works, so thanks for that. :o
    DMP mutual support thread No: 243
  • ianmak
    ianmak Posts: 1,125 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    Hi Lou

    Are you sure you aren't mixing the issues up sweetie? A charging order is when a creditor has a judgement past to have money back from the equity you may have in the event you sell your house. So would only come into effect IF you decided to sell and still owed them money.

    If you are making regular payments even if small amount and particular if through CCCS/PP etc it is unlikely CCJ would go against you in any case. It's just bully tactics from the Preditors. Does that make sense?


    I can't recall your situation - are you on DMP?

    HHx

    Also I believe you can't get a CO before a CCJ - but only if you fail in your CCJ requirements?
    DMP mutual support thread No: 243
  • ianmak
    ianmak Posts: 1,125 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    Thanks, :p

    The cashback / Cheque from Npower is indeed for the Rainy Day fund.

    Feel a bit guilty saving it considering.........

    Sod feeling guilty! Spend it on Chrimbo pressies if need be?
    DMP mutual support thread No: 243
  • Loubylou2
    Loubylou2 Posts: 211 Forumite
    Part of the Furniture Combo Breaker
    grantalien wrote: »
    As far as I am aware it would no longer be in the DMP as it becomes a priority debt! - Obviously I am no expert but you would have no choice other than to pay it - accepting a CO is not an alternative - do not be fooled into thinking a CO is a better option - avoiding them having a hold on any property is recommended!

    That makes it a lot clearer. I just wondered about the CCJ ruling a higher amount but if that then becomes a priority debt that would still enable the DMP to continue.

    Must stop asking all these questions. PDD told me off - rightly so -as I always anticipate the worst. Just wanted to have things clear in my mind.:)
    DMP mutual support member 397
  • Just had a letter from NPower saying they overcharged me by £8.75 in 2007.

    Got a form to take to the Post Office and they will give me the cash!

    :)

    Chilli
    LBM = 10/10/10
    Debt at [STRIKE]14/10/10 = £56936.28[/STRIKE] --- 17/04/12 = £49673.01


    You cannot eat an elephant in one mouthful, just take a bite at a time!
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