The start of a long journey…

jannej79

So over the last week I had bitten the bullet and started on my journey to hopefully clearing some debt through a DMP.

I am based in Scotland and have approx £26k on 3 credit cards and next directory.

My budget only allows £98 for SC to share amongst my creditors

I am nervous that this is too low to be accepted but I couldn’t stretch any further

I will be cancelling my direct debits tomorrow and sending the letters to advise them I am seeking help.

Stepchange were not wanting to advise in so many words how long to take to send my document back but I got the impressions she was advising me to wait a few weeks.

my main concern is the letters and phone calls but mostly if an actual sheriff officer will call?

does anybody have any experience with these specific lenders.

I hope to update as I go along, I know it has to get harder before it gets easier.

fingers crossed

nettyz

hi, I've no advice sorry as I can't go through a DMP due to my job, but just wanted to say good luck.  even if the amount is small it's much better than nothing.

CRANKY40

You're in the diary part of this bit of the forum. If you post on the main debt free wannabe page you may get more/better advice. Good luck.

jannej79

@nettzy and @CRANKY40

thank you for your messages I have also posted a few days ago in the main forum but I will take your advice on board

Thanks 

Jenjen_82

How did you get on please?  I have just applied for a DMP today.  I have approx £8k of debt and can only really afford £60PM, did they accept yours? one of mine is with Next directory