DMP & Mutual Support Thread - Part 8

klfairy

You didn't offend or upset, honestly.

I suspect his over-enthusiasm is at least a little misplaced. But I'm a softly-softly-catchy-monkey type and know that it's the only way to win him over. I won't be able to shake his belief. We'll have to wait and see how things pan out over a few months really before he'll see the reality. We'll see what CCCS say and if I need to shock him and have a big row, then so be it!

It doesn't help that I actually feel really uncomfortable about what his new job is. He's just started working for a DMP company. Honestly. We can't afford for him to turn a job round, but the bitter irony of it doesn't escape me. I feel guilty that we're living off other people's misery.

Time_to_face_the_music

klfairy wrote: »

Thanks. I really appreciate the quiet support here. I feel like I can't talk to anyone about money without feeling ashamed.

Hey we started off £81,306 in debt. Now that is real shame territory :rotfl:

You will be just fine here whether you decide to do a DMP or not. It's called DMP and Mutual Support Thread, so that means the mutual support is there even if you are not on a DMP. And your OH's job doubly entitles you to our support! Stick around

Growurown

klfairy wrote: »

Sorry I've had a really, really shocking day on top of being totally and utterly exhausted. I just want to crawl into a hole at the moment.

Aw klfairy I really feel for you. This was me a year ago. Please believe me (and everyone else) when we say that it will get better. Absolutely and positively better - once you get over this first hurdle. The start of a DMP is always terrifying. So many doubts and unknowns and feelings of shame/stupidity/embarrassment and 'how has it come to this?' Well there are a lot of us out there on a DMP and you are in good company on this forum and we are all here to help and support you and one another.

I wonder....how many people in the UK are on a DMP do you think?

klfairy

Growurown wrote: »

Aw klfairy I really feel for you. This was me a year ago. Please believe me (and everyone else) when we say that it will get better. Absolutely and positively better - once you get over this first hurdle. The start of a DMP is always terrifying. So many doubts and unknowns and feelings of shame/stupidity/embarrassment and 'how has it come to this?' Well there are a lot of us out there on a DMP and you are in good company on this forum and we are all here to help and support you and one another.

I wonder....how many people in the UK are on a DMP do you think?

Well, apparently it's a growth industry. Ha.Ha.Ha.

Ho hum off to the grindstone for another fun-filled day. Have a good one everyone.

AmyV_2

Time_to_face_the_music wrote: »

Hey we started off £81,306 in debt. Now that is real shame territory :rotfl:

You will be just fine here whether you decide to do a DMP or not. It's called DMP and Mutual Support Thread, so that means the mutual support is there even if you are not on a DMP. And your OH's job doubly entitles you to our support! Stick around

Ha! we can beat you on that TTFTM, by about 50K ... don't know where that put us on the shame scale ;-) The debt was so huge I couldn't see how we would ever get over it. However, been at this DMP with CCCS for 4 years and several years to go. Life is normal now, apart from the odd creditor letter and a little ongoing fight to stop interest on a few.

Although it was tough at the beginning, it was the best decision we ever made.:D

moohound

Made more progress today, set up SO for payplan payments and made another token payment, stashed my £400 back pay in my new account just In case my work HR dept b@@@s up the switch over of my salary which is a possibility, at least my DMP will get paid and my direct debits.

Still got to deal with the dreaded Lloyds TSB :eek: I hear they can be less than helpful with ODs going on DMPs, so we will have to wait and see what they say.

Have to move my child's savings and downgrade the joint account as we paid a fee on it, I wish I could do this online.:(

rdchick

Just sent off for my pack but forgot to include the 3 PDL :eek: I will call CCCS now! what an egg! xxx

Time_to_face_the_music

AmyV wrote: »

Ha! we can beat you on that TTFTM, by about 50K ... don't know where that put us on the shame scale ;-) The debt was so huge I couldn't see how we would ever get over it. However, been at this DMP with CCCS for 4 years and several years to go. Life is normal now, apart from the odd creditor letter and a little ongoing fight to stop interest on a few.

Although it was tough at the beginning, it was the best decision we ever made.:D

Hi Amy :hello:

Thank you for sharing that with me, have just been back and read all of your posts and you have come such a long way, well done :T

This probably sounds daft but when I first came here, I didn't think there could be anyone who had as big a debt as us, and to be honest, I do check people's signatures to see how much they owe because I would like to see how a similar debt to ours has progressed. Things like: Is our 4 year DFD really feasible? Is our debt likely to stay with the original creditors or be moved to DCAs? Just stuff like that which sort of makes you feel better.

We know that we are lucky being able to pay off our debt with a large payment each month. With current payment, our estimate is that about £1630 of the CCCS payment is actually going off the debt due to the small number of creditors still charging interest. We have worked hard to get in extra income, OH is doing exam marking, I am selling on ebay and Amazon, and it all goes towards bringing the DFD earlier. Do you mind me asking how much longer do you have to go? Tell me to mind my own business if you want, I won't take offence

At the moment, the money we earn and work hard for, doesn't belong to us, it is all the banks and we have to pay it back ASAP. So our new motto is "Making our money our own"

Hopelessly_Hopeful

Afternoon all

RE amount of debt etc. I think it's all proportionate to salary and outgoing and consequently the length of the DMP. When I am being at my most philosophical I think DMPs can be quite levelling as we all get allowed roughly the same personal allowances. Whilst I wished I had not buried my head for so long I'm glad I intervened when I did and my DMP is 'only' 4.5 years ish in duration.

TTTFM if you think your DMP is between two of you does it still seem so high?

Mine was for almost 60k. Glad to say I am half way through now and have paid back more than I now owe (no ppi, FF etc)

HHx

mmy

Hi, there, have been inspired and encouraged by all your stories and all the help that exists here. I ventured onto this forum a few years ago, but ran away quite quickly to stick my head in te sand for a while longer...!!
I have been stressing for so long, and after a lot of forum reading in the early hours of this morning [another sleepless night, adding and subtracting in my head!] I plucked up the courage and called PayPlan. Well, after my telephone conversation with a very helpful woman, the upshot ws that I have "enough money" to keep all my payments to creditors at the level they currently stand at.

I expected the advice about opening another bank account, which I will do with the Co-op [I'm assuming Britannia and the Co-Op are the same? As least, that's what the Co-Op website implies....] and therefore not having further overdraft charges with Lloyds. I'm assuming that I ask Lloyds to freeze interest and charges on my current accounts [both overdrawn to the max, that's what I live on] and offer a token payment to start to pay these off?

I know I technically have 'enough money', but never have a penny left for a contingency fund, so I must be doing something wrong. I'm waiting for the PayPlan budget etc to arrive and can then see clearly were I'm going wrong. I never go out, never buy clothes, but am a great user of my local library...!! I do pay some bills for my daughter, which I now think she should contribute to [she's 20] as she is working and it's not really fair for me to fund her lifestyle while having no lifestyle of my own.....:rotfl::rotfl: But this is a hard conversation for me to have. However, I think I need to....

Has anyone else been told they have "eneough money" but feel they are always robbing Peter to pay Paul?