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DMP's and settlement question

Hi all
I've got a DMP with Payplan and in the process of getting a settlement figure from my creditors and I just wondered if any of you here had had any experience with that eg how successful were you at getting a reduced final figure etc.

thanks in advance
D

Comments

  • DNW_2
    DNW_2 Posts: 74 Forumite
    There are probably loads of threads about this out there, but this is one I bookmarked for future ref -

    https://forums.moneysavingexpert.com/discussion/3194350

    A think a lot of the time it depends on the age of the debt and what your payments have been like up to the point of offering settlements.
    LBM Feb 11 - Joint Debts of around £80,000 _pale_ And nothing significant to show for it :embarasse

    Actual Debt at March 11: £79,269.65
    Debt as at July 11: £82,483.16 :mad: Thanks to fees & charges! :mad:
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