DMP Mutual Support Thread (Part 4)

Janey51

Thank you so much. Its so hard having to think about things like this at the moment.

Nicki_Sue

I have £68 a week for food and cleaning materials, and nappies and wipes on the cccs budget if thats what you mean hun, and we are 2 adults and 1 2yr old.

That said, I think we're at the minimum allowed lower amount.

rayday2

Janey51 wrote: »

Thank you so much. Its so hard having to think about things like this at the moment.

I am sure it is, not sure how I would cope with things at all. I think the important thing for now is just getting through it and delay any major decisions for as long as you can.

Do you have a good friend support network at home?

I think re creditors and estates its important to make sure everyone has come forward before you work out who gets what, think a newspaper ad or something has to be placed but I just remember that from someone asking on here about a debt that came forward after she had given all the money out. The local CAB may be help with this when you feel up to it.

GhostHunter_3

Morning

Some of you will be pleased to hear I took a deep breath and called the National Debtline at last!

I think I was scared to as I tried the CCCS & PP and neither of them could help me help myself.

Thanks for the great advice I can now enjoy the weekend I hope and start again on Monday!

yellowmonkey

GhostHunter wrote: »

Morning

Some of you will be pleased to hear I took a deep breath and called the National Debtline at last!

I think I was scared to as I tried the CCCS & PP and neither of them could help me help myself.

Thanks for the great advice I can now enjoy the weekend I hope and start again on Monday!

Well done GhostHunter :T:T:T:T

Ossireo

I'm so sorry to hear of your loss Janey and I am sure the amount you feel you need to deal with now is overwhelming. I wish I could help more then just rummaging on the internet

Here are two more links

http://www.direct.gov.uk/en/MoneyTaxAndBenefits/ManagingDebt/DebtsAndArrears/DG_10013093

http://www.nationaldebtline.co.uk/england_wales/factsheet.php?page=21_what_to_do_about_debt_when_someone_dies

I also found the part that Rayday was thinking about with the Newspaper

When someone dies, their debts don't die with them. They have to be paid out of the person's estate.
If you are administering an estate, you must make sure you have paid all the debts before you pay the beneficiaries. If you are not sure what the debts are, you need to advertise in the London Gazette and a local paper for two months for anyone who may have a claim on the estate, and then wait two months before paying the beneficiaries. The London Gazette is a weekly government publication that contains various legal notices (see 'Further help' for its phone number). You could become liable (responsible) for the debts if you pay the beneficiaries without having cleared all the debts first. You may also have to submit a tax return for the person who has died.
If there is not enough money to pay all the debts, they must be paid in a particular order:
1. the funeral expenses and 'testamentary' expenses (those to do with dealing with the will);
2. any dent secured by a mortgage on a property;
3. HM Revenue and Customs;
4. the Department of Work and Pensions, who deal with social security (you may have to refund any over-payment of benefits);
5. unpaid pension contributions or wages.

As far as creditor debts it mentions the following.

If it is clear that there is little or no money in the estate write to the creditors and suggest they stop pursuing the debt, e.g. write the debt off.
REMEMBER
You are not liable to pay the debt out of your own income unless you signed the agreement as a joint borrower or guarantor.

It may be worth drafting up a little general letter to send to your own creditors who you are paying via CCCS to explain what's happened and mention that CCCS are in the process of revising your payment. This should stop any calls you may receive regarding your own debts.

From what I can gather basically you will not be liable for any debts that were solely in your DH name if they cannot be paid from the estate after the above mentioned 5 have been paid off.

Maybe another general letter to those Creditors explaining the situation and advising that there is very little in the estate and it is very unlikely their debt will be cleared and they may wish to consider not pursuing recovery.

Wish there was something more I could do to help, take care xx

GhostHunter_3

Just wanted to add my sorrow for hearing of your loss. Its no comfort now to hear maybe but things will get better.

yellowmonkey

Sorry to hear of your loss Janey.

ym

GhostHunter_3

Hi

As advised I am going to cancell my Direct Debits to all non priority debts. However a thought just occured to me if the cancellation co-insides with ones imediately to be collected and they get returned I will be charged £30 per bounced payment, again more money I simply dont have.

Is this possible?

Also I have just opend todays post and I have my first DEFAULT notice from Nationwide Credit Card :eek: I am terrified, the reason I have not previously responded is because I have been researching DMP and tryong to find someone to agree to help me under my circumstances. I have continually made all debtors aware of the fact I am facing a DMP and asked them to bare with me but now I think they are losing their patience.

Just as I look foward to a calmer weekend
What do I do now help im panicking and scared again! :eek:

Thanks

GhostHunter_3

Ok probably thinking totally irrationaly here but after the shock of my first ever default notice and a cup of sweet tea I have thought about it and could possibly pay off the ballance of my Nationwide card in full.

However I am totally reluctant to as its money I was going to use to start a DMP (if I decided to) and fall back on if I couldnt scrape together the money for one month for my DMP's (if that makes sense) a bit like an emergency fund.

However if I did use this money and cleared the credit card in full I wouldnt have the money to fall back on in an emergency would I.

Would it stop the default anyway or is it too late? What do I do they obviously not prepared to wait any longer for my DMP and I fear other 3 cards will soon follow with similar actions.

I dont know what I am trying to do really whether I am trying to save my already poor credit score or keep a hold of my rainy day fund as I have scaped hard to build it.

Also I bank with Nationwide as well as having a Credit Card (the one now in default) and after learning this week I should move to another bank not connected to Nationwide I fear for my accounts, especially as I have had 2 other banks turn me down for basic bank accounts allready.


WOuld clearing this prevent any damage to my credit score file (poor enough now to be almost non existant) or is it already too late?

What a mess - any advice welcome.

:eek: