More DMP Questions (and SOA)

giddykipper

Hi

Sorry for all the questions recently but I really want to understand all there is to know about DMP's before I go into one.

Are there any times when they're not accepted?

Currently my SOA is:

Telewest £50.00 (tv/phone/internet)
RBS Loan £319.00
Egg Card £110.00
Life Ins £21.90
N/Rock Loan £392.00
Mobile £20.00
Tv Licence £11.07
Mortgage £578.00
BBC - Council Tax £100.00
House Insurance £25.00
Halifax C/C £65.00
RBS C/C £53.00
Virgin C/C (int.rate going up in Feb 07) £15.00
Egg Money £50.50
Car Insurance (Trade) £131.00

Catalogue £50.00
Debenhams £15.00

sandralovescats

Your DMP can be self-administered if you can come to an agreement with each creditor on the amount of money you are going to pay each month.

It might be better to have your DMP set up by a third party.

lynzpower

Could you tell us what your income is, the APRs on the debts and what you spend on food, transport, clothes, presents etc?

Lynz
xx

giddykipper

I don't know where this post has come from - I've posted on another thread with my now correct SOA (just splitting with hubby so a few things have changed from the one posted above)!

How bizarre!! Maybe I posted twice but only edited one to read properly!! I'm all confused now!

Jo x


http://forums.moneysavingexpert.com/showthread.html?t=350375 this is the correct and up-to-date thread!