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tcalamity
Posts: 75 Forumite
FONT='Times New Roman']In the last 2 years have you made any payment to a creditor, other than in the ordinary course of business, with a view to improving the position of that creditor in case you became subject to insolvency/bankruptcy proceedings?[/FONT
can someone explain this as i have been paying creditors through a DMP.
can someone explain this as i have been paying creditors through a DMP.
:j
0
Comments
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Hi there,
It basically means have you been giving any preferential treatment to any creditor? If you have been paying your debts through a DMP then I would assume the answer to this would be no since the debt management company would divide up whatever you pay them between the companies you owe on a pro rata basis.
HTH
ClaireSometimes you have to go throughthe rain to get to therainbow0
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