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Im not complaining but...
funkyfish586
Posts: 553 Forumite
I have just today received a statement from littlewoods. I only owe them £140 but payplan said i cant pay them off as its unfair etc. They only get £1.36 a month & i guess understanably have rejected the DMP & been the only problem i have had. Anyhoo got a statement today & they have refunded all of the charges on to my account?? i havent asked them too, anyone know why they would do this? xx
"Knowledge is knowing that a tomato is a fruit, but Wisdom is knowing not to put it in a fruit salad."
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Did Payplan ask them to?Total 'Failed Business' Debt £29,043
Que sera, sera.
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Also re: the unfair paying etc. You CAN pay them off if you want to, it's just that it's payplan's policy to deal with them all in one go and fairly. The only real way that paying off one over others will have an affect on you in real terms is if you were to end up going bankrupt, or going for a DRO, at which point that payment would then be seen as preferencing a creditor and could mean the restrictions of the bankruptcy or DRO are extended past discharge. However, you can play tactics with them, if you can get all creditors to agree to let you pay the one off, and then split the funds between the other creditors, that would be seen as fair and not preferencing, as the creditors agreed to it.
It only really matters in BR/DRO though, but if it's payplan's policy, then obviously to do otherwise would mean that your DMP is put at risk.Total 'Failed Business' Debt £29,043
Que sera, sera.
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thanks Immoral!! I would like to keep the bancruptcy option there just in case so i guess i will try splitting the money ( if i ever get any
) between them. payplan havent asked them to refund charges nor have i? it makes me oddly nervous lol x "Knowledge is knowing that a tomato is a fruit, but Wisdom is knowing not to put it in a fruit salad."0 -
any ideas? x"Knowledge is knowing that a tomato is a fruit, but Wisdom is knowing not to put it in a fruit salad."0
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Creditors do sometimes just play nicely at the start of a DMP. I have known it happen before (although rarely). Looks like your lucks in, perhaps try a quid on the Saturday Lotto draw! :rotfl:I refuse to be afraid of the big bad wolf, spiders, or debt collection agencies; one of them's not real and the other two are powerless without my fear.
(Ok, one of them is powerless, spiders can be nasty.)
As of the last count I have cleared [STRIKE]23.16%[/STRIKE] 22.49% of my debt.
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thanks hannah i think i will!!! We are 7 months in but hey as long as this isnt the calm before the storm i dont care x "Knowledge is knowing that a tomato is a fruit, but Wisdom is knowing not to put it in a fruit salad."0
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There's not a lot of storming they can do if they're getting paid. If they decide it was a mistake and try to put it up again you can be difficult about that too!I refuse to be afraid of the big bad wolf, spiders, or debt collection agencies; one of them's not real and the other two are powerless without my fear.
(Ok, one of them is powerless, spiders can be nasty.)
As of the last count I have cleared [STRIKE]23.16%[/STRIKE] 22.49% of my debt.
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Hi
I had an account with a small balance, two more payments and It would of been paid off in full, then I received a statement showing an interest refund that amounted to the same value as the two outstanding payments, with the words ACCOUNT CLOSED
DMP mutual support thread member:3270 -
scouselad1974 wrote: »Hi
I had an account with a small balance, two more payments and It would of been paid off in full, then I received a statement showing an interest refund that amounted to the same value as the two outstanding payments, with the words ACCOUNT CLOSED
Scouse can you just pick me any six numbers from 1-49 incl. please? :rotfl:I refuse to be afraid of the big bad wolf, spiders, or debt collection agencies; one of them's not real and the other two are powerless without my fear.
(Ok, one of them is powerless, spiders can be nasty.)
As of the last count I have cleared [STRIKE]23.16%[/STRIKE] 22.49% of my debt.
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