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can you have a DMP when self employed

Im trying to help my nephew sort out his finances and suggested a DMP would be the best way to go but just wondered if you could go on one when self employed?

thanks

Comments

  • DarkConvict
    DarkConvict Posts: 6,347 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Anyone can go on a DMP.

    A DMP is just an informal agreement to pay your creditor.
    A DMP is not a court order, so it provides no legal protection although creditors are silly to attempt CCJs when a DMP proves you are paying all you can afford anyway.

    I recommend they do the DMP with CCCS.
    Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.

    There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies
  • jaynemaria
    jaynemaria Posts: 537 Forumite
    Thankyou very much, we will look into the CCCS tonight when he brings his paperwork down.
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