DMP - Full and Final settlement offers. DIY or via my DMP?
As I mentioned in a previous post on mortgages, I am currently on a DMP. Around £14k still outstanding. I am due to get a lump sum from work (around £8.5k) at the end of June/July.
I emailed StepChange and asked if they would be able to negotiate with my Creditors to see if any of them (there are around 10) would take a discounted full and final settlement figure. They informed me they could put me through to another one of their departments when I had the money and I’d have to do a re-worked Budget, which is fine.
I just wondered if anyone else has been in this situation and how you dealt with it. Did you let your DMP deal with it? Or did you go to your Creditors direct and see if they would accept an offer?