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Debt Management Associates (DMA)

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Hi,

my friend is with DMA, she's been with them for 2 years paying every month. She was previously with LLoyds bank and received a letter from them demanding payment or else bailiffs would be sent round - she has tried to contact DMA only to find that they have gone bust.

Does anyone know when this happened and what steps she can take to sort this out? She has no idea for how long they haven't been making her payments or what she should do next.

Comments

  • Oh god whata nightmare! Was their any warning at all? Any idea when they went bust? I take it they have been taking the payments but not paying the creditors?? Would definately tell your friend to talk to the CAB as soon as possible.
    Total 'Failed Business' Debt £29,043
    Que sera, sera. <3
  • cat4772
    cat4772 Posts: 2,467 Forumite
    Chuckie,

    Can only echo IA. please tell your friend to see the CAB as soon as possible for advice.

    Cat.x
    DFW Nerd Club #545 Dealing With Our Debt
    :onever attribute anything to malice which can be adequately explained by stupidity, [paranoia or ignorance] - ZTD&[cat]
    :othe thing about unwritten laws is that everyone has to agree to them before they can work - *louise*

    March GC £113.53 / £325
  • I will do, really I suppose she needs to find out who the administrators are to find out when this all happened. Though how she does that is beyond me.

    I'll get her to call CAB.
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