We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

DMP - Full and final settlements. PLEASE HELP

2»

Comments

  • debtfree1day
    debtfree1day Posts: 382 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    can u let us know how you progress with this.... i ahve lkoads of credit card debts at 20% +, but not in dmp yet

    have some savings and bonds to cash in , which will still leave me 60k + in debt

    should i go down this road?

    lisa
  • misscutiepie1984
    misscutiepie1984 Posts: 1,277 Forumite
    Part of the Furniture Combo Breaker
    i have a bad feeling it will be a lengthy process, have you not looked into an IVA???
    Official DFW Nerd number 227
    Proud to be dealing with my debts!!!!
  • chevalier
    chevalier Posts: 7,937 Forumite
    Part of the Furniture Combo Breaker
    can u let us know how you progress with this.... i ahve lkoads of credit card debts at 20% +, but not in dmp yet

    have some savings and bonds to cash in , which will still leave me 60k + in debt

    should i go down this road?

    lisa


    Lisa I suggest that you start your own thread with this question as you will get more answers

    OP not done this but I think the cheakier the better, I mean if you offer 20% and they accept it, then that is better than offering them 50%! You can work up from 20% but not down from 50%!
    chev
    chev
    I want a job that is less than an hour driving away from my house! Are you listening universe?
  • debtfree1day
    debtfree1day Posts: 382 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    hi chev

    started my own thread a few days back.....does my plan make sense...

    your comments and views would be appreciated

    lisa
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.3K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601.1K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.