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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Debt in Contention
Sathisingh
Posts: 1 Newbie
Can anyone give me some advice on the above. I have been in a DMP for over 15 years with over 15 creditors, and the debt is not moving. I am keen to do this myself and not go through a solicitor. Any advice would be appreciated.
Kind Regards
Meera
Meera
0
Comments
-
Who is your DMP with? Are you with one of the free ones like Stepchange or Payplan? 15 years and no reduction doesn't seem right.
There is a DMP support thread at the top of this forum. Many people go onto self managed. Have a read through and if you're not ready go that route, you can be directed to the right people to get this debt gone.
Good luck
Naomim0 -
There's clearly something not quite right here! Who is your DMP with? People don't tend to go through a solicitor for a standard DMP, at least not to my knowledge. You need to provide a little bit more information so that others can help.0
-
Can you explain a bit more about how it has not moved? Has interest been stopped? Are you paying a very low monthly payment? Are you using a fee charging company?Aiming to make £7,500 online in 20220
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.6K Work, Benefits & Business
- 602.9K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
