We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Help First post

felixthecat
Posts: 11 Forumite
Hi
I am looking to set up a debt management plan but have just read in my mortgage terms that if I set up any voluntary agreements then I will need to repay them all the money we owe immediately. Can they do this?? This is all new to me and very scary.
I was beginning to feel better about my situation (40,000 non secured debt) but am even more worried.
any advice appreciated.
I am looking to set up a debt management plan but have just read in my mortgage terms that if I set up any voluntary agreements then I will need to repay them all the money we owe immediately. Can they do this?? This is all new to me and very scary.
I was beginning to feel better about my situation (40,000 non secured debt) but am even more worried.
any advice appreciated.
0
Comments
-
HEY DON'T WORRY...
If you do start a DMP your mortgage is classed as a priority payment so you would carry on as normal, but do not quote me on that, I am not totally sure and I am sure someone else will be able to help.
But anyway, well done for your 1st post and coming on here, its a bit like a huge family, everyone helps everyone else, soon you will handing out advice!!!Proud to be me, proud to be who I am!!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.5K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.5K Work, Benefits & Business
- 599.7K Mortgages, Homes & Bills
- 177.2K Life & Family
- 258K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards