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DMP with CCCS - Defaults ???
xgingerx
Posts: 592 Forumite
Hi I have already posted today but this is a specific question. At present I am 100% upto date with all my accounts, but I am robbing peter to pay paul and getting more in debt, I have had advice from CCCS and will be setting up a DMP. Question is In May I met all my financial obligations, In June I am going to have to make token payments and hopefully 1st July my DMP will be set up.
Will I still get default notices, will i still get threatening letters taking me to court ??? Just so I know what to expect , Thankyou
Will I still get default notices, will i still get threatening letters taking me to court ??? Just so I know what to expect , Thankyou
Dmp Mutual Support thread member No 82
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Comments
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once you stop paying the contracted amounts (i.e. minimum payments etc) the in due course your creditors will default your accounts and yes many will phone/write threatening court action etc.0
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Mine was all pretty painless, only got one or two phone calls.
5 out of 6 of my accounts got defaulted, and the one left is marked as 'arrangement to pay'
I think I was one of the lucky ones!Proud to be dealing with my debts
:beer:
Official DFW nerd no.190
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