Advise needed ,changing dmp .

mica2000

think i will give it a go guess its easier that way to control ur own finances,as some outgoings are limited on remedy tool

dancingfairy

You might find that if you creditors haven't received any money since July that when you finally get the money back from this company that you can consider full and final settlement offer. National Debtline have loads of helpful information on themir website , including info on dmps and full and final settlements.
Regards
df

mica2000

right thank u will look on site tommorow i doubt dmp will release my money not without a fight anyway

mica2000

hi another sleepless night wondering...if i cancel my current dmp will the creditors try and take money from my bank account ,whilst im process of changing payment plan,to either sc or self dmp

dancingfairy

Do your creditors have your bank details? Have you set up direct debits with them or given them your card details?
I'd go into your bank and cancel any DD's you are worried about and also any CPA (continuous payment authorities) - this is where you have given a creditor your card details (usually over the phone).
If you write to your creditors and explain that you have had problems with your dmp company and are now in the process of getting help from StepChange (or whoever) I would think they would be understanding. I can see them being helpful rather than causing problems. It might be worth taking a bit of money out for food and other bits just in case but if you cancel everything with your bank (and get it in writing) then the bank will have to refund you if there's any problems.
df

mica2000

dancing fairy..thanks for reply i guess its knowing what to do next,as current dmp set everything up seems u do a lot yaself with sc .

mica2000

ive also cancelled dd with bank n hubby told me hes got a dif card number so should be ok i hope