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Informal arrangement???

Hi there, just wanted to ask if anybody is on an informal arrangement plan? I phoned up payplan and they said after an hours phone interview that the only thing they can suggest is an informal arrangement, they've sent out all the advice and letters to send offering my debts a pound only, all these are unsecured debts and we are upto date with the priority bills, i'm not sure how long they will accept this offer if indeed they do? Has anybody else have had this suggested? i was hoping for a dmp or is this the same thing?

Any advice would be most welcome

shezzy

Comments

  • james32_uk
    james32_uk Posts: 1,223 Forumite
    I think it's the same thing but dont know for sure. Maybe it's called something different if you only have a small amount to offer everybody each month?
    Debt as at 12th July 2006 - £61,345 :eek: :eek: :eek:
    Debt free 21st Oct 2011.

    All thanks to :money:
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