DMP mutual support thread part 13 !!

Thought I would post a quick update.
All creditors contacted, some I heard back from and very nice about things, some not so nice, some agreed 30 days breathing space but while I am trying to do things quickly it's all taking time ( with doing a full time job 7am til 6) and homelife. I have 16 creditors and didn't realise I had so many until I wrote them all down (I am so angry at myself).
All creditors were paid in OCTOBER, and new bank account set up for November salary.
I know most of you guys set up an emergency fund - did you open a savings account for this ?
My 30 days breathing space will run out 1st/2nd week December and I thought great timing right on top of Christmas.
DMP papers not yet returned to SC as I am still getting all references and balances for them,
Do you know if creditors would extend 30 day breathing space?
Ideally, I want to start paying January, after a low key Christmas and perhaps 2 months of saving an emergency fund?
Thanks in advance for your guidance

*** just worked out one high interest loan I had £3000, already paid over £5000 back and they still say I still owe over £3000. What an absolute idiot I have been. Never again will I get myself in this position again.

Sylvester6 wrote: »

Evening all
We had a letter from PRA stating they had accepted our self managed and said they would our payments to £1 for the next 6 months....then they phoned my hubby every day last week! He answered on Sat morning and the guy on the other end didn't know anything about the previous letter we'd been sent. However hubby put him straight and it was fine apart from him asking if we would be paying from our wages or savings!!!! Not sure if he was trying to trip us up but we definitely have no savings!

Anyway on Saturday we also received letters from Link on our 3 accounts with them stating that they would like to discuss our recent offer and would we ring them. I just wanted some advice as I am not sure what to do next. Do we email, write to them or ring them. I'm not adverse to speaking to creditors but I don't want to get into detail over the phone. Please can someone advise.
I have so much going on at the moment personally with work and being a carer for my father who has dementia that I haven't got the headspace to be anxious about it but it is on my mind!!! Thank you x

Just write to them all and state that all communication regarding the account{s} must be in writing and that you do not give them permission to contact you by phone. If you are okay with them contacting you by email I suggest you set up an email address just for use with your debts. You can write and advise you are happy to receive communication via email, give the email address and confirm it is a private email address and only you have access to it.
Also advise them you will always respond promptly to any communication.

They have to honour this request and should only contact you by phone again if you fail to respond to their communications.

I'm trying to sort out an emergency fund, do most of you just have it in your normal bank account?

sourcrates wrote: »

Hi Puzz,



Hope your well, creation still a total pain i see, at least the sun is shining !!

Hi Sourcrates,

Still plodding along with my dmp... Had a bit of luck with a couple of UE CCA's but my debt total doesn't really change much month to month as I am shelling out large quantities of cash with my daughter at Uni... currently studying in the USA...!! Not cheap....! I have had my first f & f offer but I'm not really in the position at the moment to take it up.. maybe in 2020....:rotfl:

All my creditors have been fab and although Creation/DCA won't default all my others will fall off my credit report over the next few years so I don't really worry about them now.. although I would like to get rid of them first with a f & f, when I've stopped buying Trump Towers...!

Hope all good with you.
Puzz. x

carbootcrazy wrote: »

You may recall that I posted my F&F offers recently. Result, of sorts, in that I've received 3 letters today in response:j

2 ask me for updated I&Es before they can consider my offers. They've not dismissed them out of hand so maybe a good sign:think:


Is this the usual practice? I've been on token £1 a month payments for well over a year so imagine that they'd need an updated view of what my financial situation is anyway by now.


The 3rd letter, from my biggest creditor, has asked me to phone and discuss my offer. Sounds reasonably promising, what does anyone else think? I'm not too happy dealing with creditors on the phone but if it speeds things up I'm willing to give it a go.

Hi CBC

I sent I&E with my F&Fs so they had everything - but yes, send the I&Es.

Regarding phoning them - they asked me to do that as well. I just responded that I was comfortable with talking on the phone and would rather deal with this matter via written communication. I gave them an email address and confirmed I was happy to receive communication by email and confirmed it was a priavate email address and only I had access to it. They communicate the rest of the F&F negotiations via email after that.

Settled another (as you know), but the rest I'm still negotiating :rotfl: