Coming up to my first year DMP anniversary with Payplan

mike1976_2

Can someone tells me what happens next.

Do i need to send in my bank statements for the year? Or does it work like it did for the first year, discussion on the phone and sending a signed sheet into payapl?

What happens if I cant afford to pay anymore. Will they accept the same amount again or do i need to allow for inflation? I have not had a pay rise, yet cost of living has gone up.

I was suprised how understanding and at ease the banks were with it all tbh. Despite this, I still get in a stress about it. Hence me being on here on a Saturday night asking questions

Thanks
Mike

Bunnyhop

Don't worry, it's just as easy to carry on as it was to set up! :j

Just a discussion and making any ammendments to your budget as needed, if you can't afford to pay anything more then everything just stays the same. You don't need to worry about inflation or anything!

mike1976_2

Hi Bunny,

Thanks for the reply.

Stresses me out sometimes, but to be fair it's all been easy to administer, so I feel like I have been doing something wrong.

So it boils down to an hour chat with my councellor? They send a sheet and I sign it?

Thanks
Mike