going down the DMP way..

craftingqueen_2

We have spoken to payplan,twice now.Long story but like many people on here we used cc's to get by with (i know a dumb thing to do).I'm wondering can anyone help with a question i have we have a mortgage if non of our loans are secured on it.Can the loan company then change it to secure it on the house then what happens then? many thanks..

Sea78

Hi

I've got a mortgage but non of my loans/ccs are secured on it- we've had no problems so far and you can see fomr my sig how much debt i've got - obviously it depends on your own circumstances. Only one of my creditors have had a problem with my DMP so far, and I don't think they'll go for a charge. It is a worry but I don't think a massive one - but again it depends on cirsumstances - have you lots of little debts or one big one?

Sea xx

craftingqueen_2

Hi sea

Put it this way we have a loan for 25k which is our highest.So i'm totally bricking it at the moment thinking i'm going to lose my house etc..
It's early days with payplan we are waiting for our pack to be delivered,phone calls have started and letters are arriving.
Can't wait for the light at the end of the tunnel.

crafting queen xx

smilealot

You're very welcome to join our DMP Mutual Support Club craftingqueen! (A few of us are craft fans too!). I don't think your house will come into it, but someone on there (or Payplan) will be able to advise you better.

smilealot :rolleyes2