We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
filling out form for br....
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
-
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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards