DCM Nottingham / DCM Money Solutions in administration?

maggiesaes

Well done Mike,you were brilliant!!

mikewjones_from_wales

maggiesaes wrote: »

Well done Mike,you were brilliant!!

Thanks Maggiesaes, i take it you liked it.

shaneys up next on the radio and then me again on Rip off Britian

mikewjones_from_wales

mikewjones_from_wales wrote: »

http://www.bbc.co.uk/iplayer/episode/b01271cq/XRay_Series_11_Episode_5/

Its on there now

fermi

mikewjones_from_wales wrote: »

Its on there now

Thanks.

Very good report.

Well done Mike. You/they really got that across well.

whitecrow

mikewjones_from_wales wrote: »

Its on there now

Watched the program Mike, thought it made the points very effectively - well done!

mikewjones_from_wales

whitecrow wrote: »

Watched the program Mike, thought it made the points very effectively - well done!

thanks man,

One programme down one to go.

and shaneys got the radio 4 programme to.

Also speaking to some other programmes too.

I got a good mind to send all the directors whom have facebook accounts a message with the link attached.

ummm tempting.

Although im pretty sure they know about the programme by now.

whitecrow

mikewjones_from_wales wrote: »

thanks man,

One programme down one to go.

and shaneys got the radio 4 programme to.

Also speaking to some other programmes too.

I got a good mind to send all the directors whom have facebook accounts a message with the link attached.

ummm tempting.

Although im pretty sure they know about the programme by now.

Yes, you seem to be doing extremely well without risking annoying the odd director

Shaney

Fermi originally found the text of Mikes interview, there are now comments at the bottom of it that make good reading

https://www.bbc.co.uk/blogs/x-ray/2011/06/debt-worries.shtml

mikewjones_from_wales

Shaney wrote: »

Fermi originally found the text of Mikes interview, there are now comments at the bottom of it that make good reading

www.bbc.co.uk/blogs/x-ray/2011/06/debt-worries.shtml

thanks shaney, just posted this in return

"welshy2000,

Regarding that gentleman and DCM

Firstly if you actually listened to the article it clearly explained how many payments were made and its values.

Okay maybe you missed it.

"with regard to that gentleman above" he joined DCM in 2004, paying £650 per month for over two years, this reduced to £450 per month thereafter.

With regard to letters from creditors, threatening letters etc, DCM redirected mail directly to them, all DCM creditors had to go on was a clients log. These logs comprised of a month payment in less payment made less fee (10%). The balance then would be added onto the previous statement to create the clients balance.
You say you are not casting judgement but thats what you are indeed doing by suggesting that the BBC programme didnt look into the case in question in depth. Something they clearly did i can assure you.

How do i know this well im the "with regard to that gentleman above" so i should know EXACTLY what was done to bring this story to the screen and the information supplied too (which was quite extensive"

You say that your a mortgage advisor, yet you have taken it apon yourself to move into journalism by saying things are "incomplete and incompetent". You do not know what information was provided to the BBC or what questions that were asked and answered therefore may i suggest you stick to what you are good at "being a mortgage advisor"

with regard to how i know payment were not being made, firstly i have spoken to all my creditors (something DCM explained whilst they were around i WAS NOT to do under any circumstances all information would be contained on the client log given) oh and the administrators have already picked up thaty £75,000 per month on average of clients money was not being passed onto their creditors. Again something you could have looked into before making such a stupid comment.

Unless you are caught up in this type of event you are hardly going to understand what it is like. Whilst we are talking about research, prior to making such comments about my case and commenting on the DCM situation might i suggest you look at the following forum. It provide some valuable insight into the DCM situation and those affected.

http://forum.moneysavingexpert.com/showthread.php?t=3098382

Never mind there are people out there going bankrupt after paying these people the kind of money that should have got them out of debt"

I noticed andrew smith has alread started putting something on there.

I would hazzard a guess it might have something to do with the comment regarding you should never pay for debt management given he works for "cleardebt" a company that charges.

maggiesaes

Looking forward to the next episodes Mike and shaney.

I do hope that this bunch will be brought to justice.
To me there has been a clear case of fraud and embezzlement/theft even but then who am I?Just a poor tax paying hardworking law abiding sucker it seems.
When it comes to being able to get away with dodgy dealings these same people manage it time after time.