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DMP & Mutual Support Thread - Part 8
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Are we supposed to be much better off after starting a DMP?
I ask because I am still on the bones of my a*** each month.
I`am paying around 315 per month on my DMP and will be doing till somewhere in 2016.
I have around 300 pounds in my pocket each month after paying everything (in theory). But a birthday or two or something wrong with my car, or tax time, I am back to square one.
Sometimes I think it would be better just cancelling all the direct debits and just ignoring the front door when the baillifs come round, lol.0 -
Are we supposed to be much better off after starting a DMP?
I ask because I am still on the bones of my a*** each month.
I`am paying around 315 per month on my DMP and will be doing till somewhere in 2016.
I have around 300 pounds in my pocket each month after paying everything (in theory). But a birthday or two or something wrong with my car, or tax time, I am back to square one.
Sometimes I think it would be better just cancelling all the direct debits and just ignoring the front door when the baillifs come round, lol.
He he, that would be good wouldn't it?:rotfl:
I think the general idea is that a DMP allows you to at least have the £300 every month instead of nothing (or worse).
Before looking at a DMP, we had nothing available after bills, etc but now we will have around the same as you.
We'll try to put a little away each month to build up a fall back fund but we'll worry about the big emergency stuff as and when it may happen.:D0 -
'These are companies who take a responsible and sympathetic view when customers experience financial difficulties and work closely with us to ensure a realistic and practical solution is achieved'
Hi
Reading this, then there should be no problems helping the O/P and the rapidly growing numbers of others facing similar situations.
'Unique mechanism'
Simple then, isnt it?0 -
Are we supposed to be much better off after starting a DMP?
I ask because I am still on the bones of my a*** each month.
I`am paying around 315 per month on my DMP and will be doing till somewhere in 2016.
I have around 300 pounds in my pocket each month after paying everything (in theory). But a birthday or two or something wrong with my car, or tax time, I am back to square one.
Sometimes I think it would be better just cancelling all the direct debits and just ignoring the front door when the baillifs come round, lol.
You won't have a lot to play with but things like birthdays, car tax etc. should have been included in your expenditure when you set up your DMP. I had a large repair bill for the car and had to reduce my monthly payment to cover it. Lots of people try to increase their income by selling stuff on ebay or at a car boot. Have a look at the thread 'stuff you never thought you could sell'. It is amazing what people will buy :rotfl:
If you are really struggling why don't you ask for a review of your DMP?We'll try to put a little away each month to build up a fall back fund but we'll worry about the big emergency stuff as and when it may happen.:D
Good idea but if a really big bill comes along then contact CCCS and ask about reducing your payment for a month or two depending on how much it is of course.DMP Mutual Support Thread No. 421
Debt free date 25/11/2015 - Made It!0 -
https://forums.moneysavingexpert.com/discussion/343625
Sorry it is called 'things you never thought you could sell'DMP Mutual Support Thread No. 421
Debt free date 25/11/2015 - Made It!0 -
Hi uys
I am on a DMP (3rd payment left my bank to cccs). I just had a call from credit management services re Natwest debst. They asked what my proposals were and i explained that cccs were sorting via my dmp. The woman on phone said my payment offers via cccs were acceptable but i need to write in with formal offer and soa to them. I am sure cccs said i dont need to do this as they would have sent offers etc. Are the credit management mob trying it on ? Thx in anticipationOnwards and Upwards0 -
trevor_john wrote: »Hi uys
I am on a DMP (3rd payment left my bank to cccs). I just had a call from credit management services re Natwest debst. They asked what my proposals were and i explained that cccs were sorting via my dmp. The woman on phone said my payment offers via cccs were acceptable but i need to write in with formal offer and soa to them. I am sure cccs said i dont need to do this as they would have sent offers etc. Are the credit management mob trying it on ? Thx in anticipation
Trying it on indeed.
Options
1) Ignore it
2) Let CCCS know and ask them to write to Natwest again
3) Write to Natwest, quote the OFT debt guidelines that state they must deal with the 3rd party such as CCCS. Ask them only to communicate with you in writting. Send it registered post and if they call you again report them to the FOS.
Good luck
HHx0 -
Thx HH
Am LOVING option 1
:T:T:TOnwards and Upwards0 -
Hi all
We have paid two installments on our DMP and we are settling into our budget. It feels good to be finally getting control of our money. Lloyds however are being a pain. We wrote to them and they accepted CCCS are managing our DMPand said ok to the payments (One loan and one credit card). Then the credit card dept got the date wrong and said we weren't keeping to our agreement. I phoned and got a totally unhelpful foreigner who I couldn't make understand what was happening. CCCS said they would resend all the paperwork, problem sorted .
Thought things had settled down then this morning the Loan Department (who accepted the DMP and have not been a problem) have sent me a solicitors letter from SCM Solicitors in Sussex saying I must pay the full balance of the loan (over £18k) or they will start legal proceedings. Should I just ignore the letter seeing as they are accepting my DMP payments? I am wondering if it is just a case of one department not knowing what the other is doing?
I don't want to start ringing round if I don't need to as it takes ages to get them to understand you and they have premium numbers so the calls cost a few quid by the time you have finished. I don't want to spend money on phone calls if I don't need to. I have written letters each time I have had a letter from them saying I am behind, stating that I am on a DMP and CCCS are dealing, but they have never acknowledged them apart from the very first one when it started.0 -
Earthmother - Lloyds did this to me too. Just ignore them. They have accepted your reduced payment, but it's standard practise to try to make you cough-up quicker. If you want some peace of mind, call CCCS and let them know you have had the letter and what it says... they will reassure you that it's just scare tactics. If you enter into correspondence, they will see that as a 'bite' and continue the harassment. I know it's scary to get a solicitors letter, I was getting them regularly from Lloyds and Halifax (the companies that had billions of taxpayers' money a few years back!) but they will stop eventually and the road will become smoother. Be strong, slightly defiant and stick with it my lovely!LBM - 11/08
DMP - 12/08 - £37,255
DFD - [STRIKE]03[/STRIKE] 02/13 - [STRIKE]£6,454[/STRIKE] £3916 to go! (Unless my PPI & FOS claims are upheld, then it'll be earlier!)0
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