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CCJ's/Bankruptcy
vixx
Posts: 104 Forumite
I've just started a DMP through Payplan but may have to go BR as my circumstances may be changing.
If I do, I will need to save up the BR fees. So if I stop paying my DMP, and my creditors issue CCJ's against me, can I still go BR at that point?
How soon can creditors issue CCJ's, and if I have one pending, or a court date set, can I still go BR?
I'm hoping I can hold them off until I can save the fees up.
Many thanks
If I do, I will need to save up the BR fees. So if I stop paying my DMP, and my creditors issue CCJ's against me, can I still go BR at that point?
How soon can creditors issue CCJ's, and if I have one pending, or a court date set, can I still go BR?
I'm hoping I can hold them off until I can save the fees up.
Many thanks
DMP with Payplan started 01/07/11
Starting debt £28,645
Current estimated DFD 01/11/2019
But I will get it over with sooner!!
Starting debt £28,645
Current estimated DFD 01/11/2019
But I will get it over with sooner!!
0
Comments
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If I do, I will need to save up the BR fees. So if I stop paying my DMP, and my creditors issue CCJ's against me, can I still go BR at that point?
Yes.How soon can creditors issue CCJ's, and if I have one pending, or a court date set, can I still go BR?
Reasonably quickly.
Most of the time it takes a looooooong while.
Creditors are more likely to just sell the debt on rather than going for a CCJ.
You can still go BR at any point.I'm hoping I can hold them off until I can save the fees up.
Usually not a problem.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
Thanks Fermi!DMP with Payplan started 01/07/11
Starting debt £28,645
Current estimated DFD 01/11/2019
But I will get it over with sooner!!0
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