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Bamboo/Next step
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2021rdsunshine
Posts: 117 Forumite

I’m after a bit of advice please. Stopped paying debts last November, creditors defaulted in June this year and DMP is going well paying what I decided to pay to whoever bought the debts. Only one of the creditors, Bamboo loans, have not sold the debt or have been in touch with me , despite the fact they also defaulted in June. They have gone completely silent. Should I contact them to start paying accordingly with my DMP or should I just wait a bit longer to see what they intend to do ? Thank you
0
Comments
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I'd wait until someone starts asking as there won't be any interest now. You will be better off if its sold and that's probably more likely if you keep quiet.1
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I think no news is good news. Concentrate on the creditors that are engaging.
Bamboo seem to have fallen foul of many affordability complaints and I suspect they may be in trouble.1
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