Self managed DMP 29 December 2018 at 9:36AM in Debt-free wannabe 3 replies 511 views

Pickle29

Hi
I am trying to help a family member out who is on the verge of going into a DMP due to a relationship breakdown and now only 1 wage coming in. She has also applied for universal credit.

I have advised her to speak to Step Change, however they can’t help her at the moment as she is caught in the universal credit minefield and doesn’t have her monthly payments confirmedbut is now falling into arrears with her creditors I have suggested doing a self managed DMP and i know i have seen template letters in here. ( she only has 2 creditors she will have to liaise with

I have helped her with I&E budget, Can anyone send me a link to the letters we could use please?

Many thanks

sourcrates

Hi,

If she only has two creditors it’s more of a payment arrangement than anything else.

Just compose a simple letter explaining the situation, tell them how much she wants to pay, when, and for what estimated period.

Her credit file will take a hit, but if the money isn’t coming in, she has little choice.

Pickle29

Hi
Thanks, does she still need to send her I&E as well?
Thanks

sourcrates

Pickle29 wrote: »

Hi
Thanks, does she still need to send her I&E as well?
Thanks

Well yes, anything that can help swing the balance.

I suspect a lot of folk are been effected by the introduction of PIP.