DMP Mutual Support Thread - Part 12

lumpyspaceprincess

Just popping in.. checked my estimated balance now and it's just over £1k... only 1 full payment and 1 part payment to go. Cannot wait! Then to wait a couple of months before getting a credit building card (to help get a mortgage later)

drgilham

Hi all,

I've been on a DMP with Stepchange since may 2017 paying back 8k worth of debt with 8 creditors.

I have just received an email from a debt collector in regards to a gym membership I had over a year ago and I cancelled although apparently not correctly stating I owe them £158.

Can something like this be added to my DMP and if I add another debt are my other creditors likely to refused if my payments to them get reduced?

Thanks all!

StopIt

drgilham wrote: »

Hi all,

I've been on a DMP with Stepchange since may 2017 paying back 8k worth of debt with 8 creditors.

I have just received an email from a debt collector in regards to a gym membership I had over a year ago and I cancelled although apparently not correctly stating I owe them £158.

Can something like this be added to my DMP and if I add another debt are my other creditors likely to refused if my payments to them get reduced?

Thanks all!

It can, although these guys collecting gym debts have known to go legal very quickly at times, so send them a payment plan request along with the usual messages about being on a DMP with Stepchange ASAP.


As it's a relatively small debt, the change to your monthly payments to other creditors shouldn't be too drastic so I wouldn't foresee much of a fallout there.

drgilham

Thanks for the quick reply , I've emailed them back and not heard anything now just the awkward sitting and waiting , Do these DMP's get easier? I am still finding I'm on edge most days.

sourcrates

drgilham wrote: »

Thanks for the quick reply , I've emailed them back and not heard anything now just the awkward sitting and waiting , Do these DMP's get easier? I am still finding I'm on edge most days.

What is it your afraid will happen ?

Seriously, your repaying your debts at a rate you can afford, just include the new debt to your DMP, then write and tell them what they will be paid and when.

Don't let debt rule your life !!

drgilham

sourcrates wrote: »

What is it your afraid will happen ?

Seriously, your repaying your debts at a rate you can afford, just include the new debt to your DMP, then write and tell them what they will be paid and when.

Don't let debt rule your life !!

To be honest I don't know , I thinks its just all these horror stories you hear about , you never hear about the success stories!

[Deleted User]

StopIt wrote: »

Expect a bit of a stalemate for a while until they give up finding the CCA Agreement, or magic it up.

Always such full and helpful replies to people's questions, StopIt. Thanks so much for your input:T. Even though a lot of the queries aren't totally relevant to my situation I do gain a lot of useful nuggets of information and insights into how the whole DMP rigmarole works:beer:.


In relation to your quoted point to Julie67, I'd be very interested to know how long anyone has waited only to be told, x months down the line, that the debt which they had been told was currently unenforceable is really enforceable after all. The agreement being magicked up at last of course:eek:

StopIt

drgilham wrote: »

To be honest I don't know , I thinks its just all these horror stories you hear about , you never hear about the success stories!

Browse this thread especially but the DFW board as a whole.


You'll see that many people have entered the world of DMP and came out the other side, not only debt free, but better off emotionally and at financial management.


It's hard to see now, but your debt is a number on a spreadsheet. Not only to you, but to your creditors too. The days of DCAs sending people to your door, the scary tallymen etc are long gone and if you're on a DMP with Stepchange, they'll be on hand to assist along the way.


Whatever you do though, do not panic, and suffer in silence. There's always someone to talk to and to offer non judgemental advice, not just here, but debt charities too.

StopIt

carbootcrazy wrote: »

Always such full and helpful replies to people's questions, StopIt. Thanks so much for your input:T. Even though a lot of the queries aren't totally relevant to my situation I do gain a lot of useful nuggets of information and insights into how the whole DMP rigmarole works:beer:.


In relation to your quoted point, I'd be very interested to know how long anyone has waited only to be told, x months down the line, that the debt which they had been told was currently unenforceable is really enforceable after all. The agreement being magicked up at last of course:eek:

Thank you If I can help only one person with my ramblings, it would make me very happy indeed.


While I cannot say how long some creditors may take to come up with a CCA after being requested (String length reference here), I would certainly chase up periodically, especially if the DCA is still in "Where's my money" mode.


I would say, if a DCA uses the "At present" language in a letter admitting unenforceability then to send a follow up 3 months after that letter is received, asking for clarification. State that you do not like to be left in limbo and you would like to know whether the original creditor still deems the paperwork search to be in progress. If not, to fully admit unenforceability forthwith and to acknowledge that no enforcement action will progress from there.


If the DCA still insists that they reserve the right to chase the debt, reply reserving the right to ignore the DCA completely unless if the CCA request is fulfilled, or abandoned completely.

acee

Hi
Sadly I'm the latest victim - similar story to must been robbing Peter to pay Paul for around 2 years then Peter didn't have a pot to pee in so set up a DMP with stepchange I have £15k debt with 10 creditors ranging form 3k to £300 per creditor it will take around 18 months to pay starting 1st August.
Most creditors have been fine Satsuma Likley Loans & Halifax overdraft all stopped interest immediately, Lending Stream passed the debt on and the amount reduced from £1600 to £922 so I'm happy with that. None of the rest have sent any letters confirming they have accepted my repayment plan offer but not too concerned although I would like to know my final balance so I know how much each creditor is expecting.
Halifax sent me a letter with the temporary limit amount reducing by the agreed sum each month for 6 months then the 7th month the temporary limit amount is Zero - does this mean my account will then be cleared or they have only accepted the payment plan for 6 months? The letter is not clear at all and would be really handy if they wiped the remaining debt but I think its too good to be true.
Thanks