What is a dmp?

LolStevo

Hiya after contacting cccs i am setting up a debt management plan and they have advised me i have to pay them £100 per month, do i just make this payment or do i carry on making payments to my creditors on top?

misscutiepie1984

you only pay them..... and ignore the creditors demands for any further money!!!

LolStevo

Ok thanks! ON the form i have 2 send to my creditors there is a box that says "since entering into the credit agreement my circumstances have changed..." and asks for my reasons, i dont know what to put!!!

misscutiepie1984

most common caauses are drop in income, break up of a relationship ie bf and gf or bereavement someone has died etc

something like that

madduck

When you had your interview with CCCS did you discuss this? I know that when I started on my DMP we discussed how I got into the situation (family pressures led to me getting well and truely over my head in debt until I got to the stage I couldn't even think about continuing to pay contractual payments), they also explained how things would work out ie I would pay them £x on 1st of month and they would then distribute the monies to the the organisations I owe money to on my behalf, etc.

misscutiepie1984

yer we did talk about it, i got into debt because of mortgage and breakdown of my relationship which led to depression

Used Credit For Living Exp., Separation/Divorce - thats what they put down on mine!!

LolStevo

I done mine online as im not very confident talking about it over the phone! I just needed to clear it up.

I got into debt as i went from earning £1000 per month to £300 as i went back to college, but can i put this???

And if i wanted to pay more than this would i do so through cccs? xx

misscutiepie1984

yer so it basically change in income due to further education and if your in a position to pay more you can do so and they will distribute it for you

System

LolStevo wrote:

What is a DMP?

A bloody lifesaver that's what!

misscutiepie1984

haha lennymfo