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Reasons to give for DMP

Weemac
Weemac Posts: 132 Forumite
Part of the Furniture Combo Breaker
in Debt-free wannabe
Hi all! Just a quick question - any advice greatly appreciated. I am filling out our Notification of Debt Management forms to send off you all our creditors and wondered what to put as our reason that we are needing to do a DMP. The real reason would be 'rubbish with money' but i don't think this would be a good one to put so just wondered what everyone else has put as their reasons. What about 'financially overstretched'? :confused:

Thanks
Official DFW Nerd Club Member no 694
Long haul supporters DFW no 12 - DFD - May 2022:eek:

:T Proud To Be Dealing With Our Debts:T

Comments

  • amani_2
    amani_2 Posts: 604 Forumite
    Mine was unemployment, I think over on the DMP thread most put financially over committed,
  • teecee152
    teecee152 Posts: 782 Forumite
    Part of the Furniture Combo Breaker
    Hi Weemac

    I put "over committed on credit" on mine and have not had any problems.

    teecee xx
    DEBTS @ :idea: 1/1/07 - £25,800:eek: DEBT @ 04/05/11 - NIL
    FINALLY DEBT FREE - 4TH MAY 2011:j:j:j:j:j
    "PROUD TO HAVE DEALT WITH MY DEBTS"
    Official DMP mutal support club member no 2 *DFW NERD 351* :D
  • spud30
    spud30 Posts: 16,872 Forumite
    Mine was 'reduced income due to unemployment'

    Over committed sounds good.
    Is it better to aim for the stars and hit a tree or aim for a tree and land in its branches :think:
    Loves being a Wonderbra friend :kisses3:
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