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CAB - Do they do a DMP
moonlightpjs
Posts: 1,583 Forumite
As the title says really, do the CAB do a DMP where you can pay them each month and then they send money to creditors or do they just advise?
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Comments
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Hi weller - I am following your other thread, but would also like to say that CAB do have financial counsellors and CAN do DMP's, but they may, depending on facilities at your local office, refer you to CCCS or PAYPLAN.
There is a link to the CAB website at the top of the page. I would certainly reccomend that you speak with them as soon as possible.
Alternatively, or as well, you could post your SOA and we will see if we can give you any advice.
Good luck
Rog2I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.
HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7
DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS0 -
As far as im aware they can help you to set one up but will not actually administer it for you.
HTHI am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger.
One debt remaining. Home improvement loan. 20 months left.0
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