partner wont let me go for DMP

summerstreetallotments

Hi...hadn't anticipated this.....he insists that we continue to pay everything even though I'm robbing Peter to pay Paul...ridiculous as I've had to use cards to pay the telephone and buy food as all our cash went on credit card repaymer
t this month...
..what can I do?

RAS

Hi

Make him manage the budget. Take out enough in cash to feed yorselves, pay the rent and then let him sort it out.

And cut up the credit cards.

Hannah_10

Have you done a SOA? If not do one, as accurate as it possibly can be, and present him with that.

Also the plain truth is, if these debts are not payed one way or another (by DMP is one way) then they are going to turn nasty, that means CCJ's, Baliffs, involontary bankruptcy. When he's seen the SOA hit him with the tough love, that he neds to decide if he wants that desent into misery? Is that the option he would chose? My not chosing anything or by continuing to kid himself that it will be alright he is chosing that by default.

Tixy

Well thats a tough situation.

Actually your partner couldn't really stop you going on a DMP if you wanted to, but obviously its going to affect him as well so its much easier if you have him on board.

Have you written out a SoA to show how much of a shortfall you have each month? has he seen it? does he agree with it?
What does he propose instead? does he think your finances are due to improve soon? payrises for either of your etc?
What does he intend to do when you run out of credit or if your credit cards co's stop new spending/rate jack your interest rates?
Have you calculated how much interest you will be paying over the next 10years or so if you carry on as you are (using the snowball calculator), has he seen that figure?
Why is he against the DMP so much?

GeorgieFTB

Good luck, you will need to hit him with all the figures, let him know how far into the doo-doo you are. An SOA will give you the current figures and if you use a snowball calculator it will tell you how long it would take to pay off the CCs without intervention.

Gx

dancingfairy

Have you put it in black and white to him - you simply don't have the money and all you're doing is building the house of cards higher and higher and the fallout when it comes will be worse the higher the house of cards is -it's not sustainable.
Explain to him the consequences of a dmp vs bankruptcy etc or the threat of bailiffs if left unchecked.
Are you finances linked in anwyay - if not then do a dmp for your own debts and leave him to deal with his.
df

happyhaddock_2

Hi, my OH was also reluctant to start a DMP, but I also knew we couldn't carry on the way we had been (approx £10,000 overspend each year! ). We've been with CCCS 12 months now and have repaid nearly £4000 something we could never have done on our own. He still moans sometimes as some weeks are incredibly tight, but we are managing to pay for everything cash and reduce our debt As other posters have said show him the figures and get him to sort it out, once my OH saw it in black and white he had little choice. Good luck

secretshopper75

I think once you begin your DMP, your partner will thank you for sorting it out and will actually be able to see where the money is going..good luck