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Self Managed DMP first few days and scared!
Facing_Facts
Posts: 2 Newbie
Hi
I have joined this group for support and advice.
I have just started my self managed DMP journey with the assistance of NEDCAB.
I sent first letters off and all lenders got straight back to me putting accounts on hold. Using CAB income and expenditure form I have put together my figures and O have just posted out offer letters based on new financial circumstances. I sent everyone a copy of the CAB form that I completed so all lenders are looking at the same thing some lenders sent me their own version to complete but they were slightly different so after the wonderful advice CAB gave thats what I did.
A couple of lenders also asked me to send wage slips and banks statements which I have not done as I have had to give up work so O have no income it’s now all based on my partners income which covers the essential bills and leaves some to offer new payments to the lenders and he is self employed so he does not have wage slips. I did not send Bank Statements as CAB advised not to as lenders will use them against me in the beginning..... not sure what people’s thoughts are on this?
What happens next am I set for battle?
I’m scared but I feel quite refreshed to have started the ball rolling.
All the debts are from 2014/2016 except one which is Barclaycard from 1999 which I have been advised to CCA? Thoughts please again o have no idea what I am doing.
Thank you for reading this and I hope to hear from some of you x
I have joined this group for support and advice.
I have just started my self managed DMP journey with the assistance of NEDCAB.
I sent first letters off and all lenders got straight back to me putting accounts on hold. Using CAB income and expenditure form I have put together my figures and O have just posted out offer letters based on new financial circumstances. I sent everyone a copy of the CAB form that I completed so all lenders are looking at the same thing some lenders sent me their own version to complete but they were slightly different so after the wonderful advice CAB gave thats what I did.
A couple of lenders also asked me to send wage slips and banks statements which I have not done as I have had to give up work so O have no income it’s now all based on my partners income which covers the essential bills and leaves some to offer new payments to the lenders and he is self employed so he does not have wage slips. I did not send Bank Statements as CAB advised not to as lenders will use them against me in the beginning..... not sure what people’s thoughts are on this?
What happens next am I set for battle?
I’m scared but I feel quite refreshed to have started the ball rolling.
All the debts are from 2014/2016 except one which is Barclaycard from 1999 which I have been advised to CCA? Thoughts please again o have no idea what I am doing.
Thank you for reading this and I hope to hear from some of you x
0
Comments
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Hello
I’m sorry I don’t have experience of this but I want to wish you well!!Store card £140 £117 - Store card £150 - Overdraft £200 - PayPal £364 - Loan 1 £5052 - Loan 2 £1733 - Credit card £2890 - Car hire purchase £3200 - Savings £0.0 -
Thank you I have never posted before I hope it’s in the correct place?0
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