Want to help My Partner

National_Debtline

Hi brobbo1989,


You can do full and final offers even if she is in a DMP. There is no set minimum you need to offer with full and final, but have you considered what percentage you could offer against the (approx.) £5300 she owes?


Ben75 summed up how to do the offers well. Just to expand on that a bit, here is a link to our factsheet and sample letter. The letter should specify the terms of the payment to be agreed, in writing, before any money is sent and you should keep a copy of those letters for 6 years. Good luck,


Laura
@natdebtline

sourcrates

You can do CCA requests first of course.

If they don't hold valid credit agreements they are much more likely to settle for less money.

I recommend you do this process yourself, then as each account gets settled, inform Pay plan to cease all DMP payments.

Moon_Keh

Tell me this is none of my business if you want, but how long have you been with your partner?

The reason I ask is that the much younger, more naive, less cynical me was once with someone who managed to persuade/manipulate me into the position of assisting her with her debts, some of which came from a former partner. I'd fallen head over heels and, if you'll forgive me for cutting to the final chapter, she basically legged it with a four figure sum. Straight back to her former partner.

On the other hand, when I'd been with the woman who is now my wife for just under a year, she had to clear some debts from her previous relationship before she could move on (I can't recall the details). So I did it again. The difference is that we've now been married for 13 years and paid off our mortgage a couple of years ago.

The point I'm making is, whatever you choose to do, go into this with your eyes open. If you haven't known your partner all that long, proceed with caution. It's hard to be that cold about your own personal relationships, but if you've got anyone you've known for a long time and trust to be objective, ask them what they think.

I'm just remembering a mistake I made about 20 years ago, one that I'd like never to happen to anyone else.

brobbo1989

Moon_Keh wrote: »

Tell me this is none of my business if you want, but how long have you been with your partner?

The reason I ask is that the much younger, more naive, less cynical me was once with someone who managed to persuade/manipulate me into the position of assisting her with her debts, some of which came from a former partner. I'd fallen head over heels and, if you'll forgive me for cutting to the final chapter, she basically legged it with a four figure sum. Straight back to her former partner.

On the other hand, when I'd been with the woman who is now my wife for just under a year, she had to clear some debts from her previous relationship before she could move on (I can't recall the details). So I did it again. The difference is that we've now been married for 13 years and paid off our mortgage a couple of years ago.

The point I'm making is, whatever you choose to do, go into this with your eyes open. If you haven't known your partner all that long, proceed with caution. It's hard to be that cold about your own personal relationships, but if you've got anyone you've known for a long time and trust to be objective, ask them what they think.

I'm just remembering a mistake I made about 20 years ago, one that I'd like never to happen to anyone else.

I totally understand what you saying but she's genuine.
Ive known here since we were young and been together for just over 4 years.
She would rather deal with it herself but to be honest if we did that I'd be retired by the time it's cleared up, this is partly due to her income. So I'd rather step in and deal with it and get it gone.

brobbo1989

National_Debtline wrote: »

Hi brobbo1989,


You can do full and final offers even if she is in a DMP. There is no set minimum you need to offer with full and final, but have you considered what percentage you could offer against the (approx.) £5300 she owes is a link to our factsheet and sample letter. The letter should specify the terms of the payment to be agreed, in writing, before any money is sent and you should keep a copy of those letters for 6 years. Good luck,


Laura
@natdebtline

Well top end I'd like to say 50%-60% tbh.
Ideally like to attack them one by one, sending off CCA first, then F&F

brobbo1989

is it advisable to do an F&F First without a CCA?

National_Debtline

brobbo1989 wrote: »

is it advisable to do an F&F First without a CCA?

There are a lot of different opinions on this and it really depends how quickly you want to get things wrapped up.


You could considered going to the creditors with you offer of settlement and if they suggest an amount you are unhappy with, you could make the CCA request at this stage, and if they struggle to find it then it may give you more leverage next time.


The issue with making this request before any offers are even discussed is that may just drag out the whole process.


Laura
@natdebtline

On_my_way

"Partly due to her income". Does that mean that the debts will happen again? Can she increase her hours?