DMP Mutual Support Thread - Part 7

MoneysTooTightToMention

MoneysTooTightToMention wrote: »

Well I phoned Business Debtline today who confirmed my paperwork has been received and is being passed to Payplan.

LLoyds TSB have passed both my loan and CC over to their collections dept, I have spoken to both on the phone and advised of the situation. They were fine but said they could only hold off phone calls for seven days so I quoted the following as advised by Business debtline (I was advised to keep this written down and handy if speaking to creditors on the phone)
"As per section 9, of the banking code I am verbally asking you to cease all future phonecalls, attempts at contacting me by phone as I am verbally requesting you contact me in future by writing. Failure to honor this request will mean that I will escalate this to a formal complaint against (insert name of creditor)." She put me on hold and then came back and said, they would not contact me by phone again and my number would be removed from the database. Fingers crossed

Well an hour after putting the phone down, the phone calls began again, it is blatant harrassment, theyve been told my situation, they obviously hope to wear you down so much you give in and pay them. No chance, Ill just be changing my mobile number

ianmak

Hmm not always. A lot of the time the systems are automated to just auto ring. It may take a day or so for the systems to update.

Perhaps!

time4help

well i posted few weeks ago i was going into a dmp have 6 creditors my first payment come out 1st april (ironic lol)

have 6 creditors and aalready had 1st letter from cap one confirming my account has now been set up on reduced payment plan although they have defaulted me straight away but i guess thats to be expected , just wondering when i find out if they changed my interest rate or kept i the same

secretshopper75

Morning

Just received a default for one of the small credit cards, do I need to notify CCCS?

dlb

Hiya everyone, thought id pop in and update you on how things are going for me, because without this thread a few years ago i would have never coped!

Background info for those that dont remember me.
STARTING DEBT 24K !!!!!!!!!! CURRENT DEBT 3.5K !
Went with free paying firm then swapped after a few yrs to Payplan
Has only ever had 1 income whlist on dmp and that is only minimum wage..hubby and 4 kids in toe lol...if we can do this anyone can!

Im now in my 6th and final year of my DMP, and for some reason now i have become obssesed again with saving and cutting back even further....i have a feeling this is because my debt free date is in site and im so greatful to be almost back on the straight and narrow so to speak that i now enjoying saving and cutting back.

Also because as the years have gone by i let the budget slip here and there as you get to a point where you do have a little spare cash at the end of the month because of all the hard work you put into budgeting planning ect. So have tightened the reins again...so far this week iv got my sky package reduced to half price for the next 6 monhts ( i have had sky all the way through my dmp, as this is a big part of our family entertainment), iv started shopping online which already i can see is saving me even more money, using the codes from this site, it stops me impulse buying and i only get what i need. Also signed up for free dvd postage scheme from the grabit now board to get free Amazon voucher, which will be used for a birthday pressie and the kids get free games for a month thrown in.

Also i am awaiting cheques from the local council to the tune of £600, this was due to us now qualifying for some housing and council tax benifit due to my husband having to cut his working hours down to 3 days due to illness, but whilst applying descovered that the law changed 2 years ago regarding taking child benifit into account..so for the last 2 years i would have qualifed but didnt apply as did not know this...so i asked for maximum backdate and got it...so when cheques come it will go straight into emergency fund:T

On creditor front everyone happy, no contact in 2 years from some, Halifax still appling interest but this is due to my account being in good order they say as they get £50 more a month from payplan than the minimum payment they require...Payplan keep asking them to reduce but they are the only creditor that hasnt played ball so to speak.

So all in all and can still say going on the DMP was the best thing i have ever done finacially that is, and just wished i had not gone with the fee paying firm in the beginning as i would be already debt free if i had gone straight to payplan...but we live and learn.

Good luck to all already on your journey or anyone about to hop on for the ride too......
BE PROUD THAT YOU ARE DEALING WITH YOUR DEBTS, NOT EMBARRASED OR SCARED..HOLD YOUR HEAD HIGH AND LOOK TO THE FUTURE XXXXX

jules1973

No sooner was I saying how awkward Nationwide were said to be, when I receive a letter accepting £10 per month for my overdraft.

I am overdrawn over my limit and will not be charged, and they will stop interest if I return cheque books and cards.

Cool:beer:

fairsats

Could I have a
DMP mutual support thread member number please...TIA

Superbiatch

jules1973 wrote: »

No sooner was I saying how awkward Nationwide were said to be, when I receive a letter accepting £10 per month for my overdraft.

I am overdrawn over my limit and will not be charged, and they will stop interest if I return cheque books and cards.

Cool:beer:

Be careful, I'm in a similar situation with Halifax and their end of the deal was you get back into your agreed overdraft and we'll stop fees. I didn't have £33 at that time and as a result my overdraft is £2k but I'm now £2115 into it

jules1973

read the letter again. My OD was £600 and I am £750 od so they have put my limit up to £750 and will reduce it by £10 a month

the_tooth_fairy

Twit_Head wrote: »

Thanks TF!
We had a money-saving style day but it was great.
Just a bit overshadowed because it's only today my Mum's ashes have been laid to rest in my Dad's grave. Glad she is home now.
As to Sainsburys - what a nightmare for you! Is there a dent in one of your walls where you keep banging your head?
You know I'm not an expert but are there any cages you can rattle?
I would be writing to the Chairman, ombudsman, local MP etc outlining your commitment and repayment totals against the minute drop in your debt.
I'm afraid in the very near future they may be many more of us struggling to fulfill our obligations. I hope we won't become a 'have;have-not' society - so go bite and become such a pain you wear 'em down

'Twitty'

Well, yesterday I received yet another default notice from Sainsburys as well as a letter informing me that they had decreased my credit limit! More out of sheer annoyance than anything, I called them and they basically told me that they don't stop interest for anyone. Their idea of reduced interest is to let you pay off £12 of the £50 odd you pay them.
Payplan have speedily responded, as usual, and said that because I'm not that far in arrears, they are unlikely to pass the debt over to a collections agency, who would stop interest. So there it is.
And it's bl@@dy raining!:mad:

ttf