DMP mutual support thread part 13 !!

BettyBooh · 27 December 2018 at 7:14PM

Just wanted to say I hope everyone had a Happy Christmas. I was feeling a bit down, but reading these posts keeps me going. Aqua are still ringing, but I have blocked them now, Got a letter from Barclays this morning but I think it crossed with mine. I did want to ask about Barclaycard though, they have agreed payments and want to charge 3%. Do I pay as agreed or wait to be defaulted?
Thank you to everyone on here.

sourcrates · 27 December 2018 at 9:43PM

BettyBooh wrote: »

Just wanted to say I hope everyone had a Happy Christmas. I was feeling a bit down, but reading these posts keeps me going. Aqua are still ringing, but I have blocked them now, Got a letter from Barclays this morning but I think it crossed with mine. I did want to ask about Barclaycard though, they have agreed payments and want to charge 3%. Do I pay as agreed or wait to be defaulted?
Thank you to everyone on here.

As time goes on and things settle down, you will start to miss the calls and letters, I used to like playing little games of letter tennis with them, and chatting to them on the phone, however I digress, I would wait and be defaulted, 3% is still 3%.

System · 28 December 2018 at 2:25PM

Just stopping by to say Hi and hope you all had a good Christmas. Not been around for a while, as OH had a motorbike accident at end of October and broke his collar bone. Had to have an op to have a metal plate put in and things have been hectic. I have had to drive him everywhere, as well as having to have a couple of days of work, which didn't help the finances. Will up date my diary soon as I get a spare 5 minutes and try and come on here more often now....can't believe its nearly 4 years since we started our DMP journey.

Tommy108 · 28 December 2018 at 8:26PM

Hi, I have a questions I’m hoping you can help with. I have just started a debt management plan through step change. I have stupidly just transferred my wages to an account in collections and now can’t move my money back. The collections departments in the bank is now closed. Do you know if I will be able to get this money back, as I can’t pay my bills without it

sourcrates · 28 December 2018 at 9:15PM

Tommy108 wrote: »

Hi, I have a questions I’m hoping you can help with. I have just started a debt management plan through step change. I have stupidly just transferred my wages to an account in collections and now can’t move my money back. The collections departments in the bank is now closed. Do you know if I will be able to get this money back, as I can’t pay my bills without it

Give them a ring when they re-open and explain what you’ve done.

Normally you should be able to get the money back.

sasha180 · 29 December 2018 at 11:29AM

Morning everyone, could someone advise me on my options with my last remaining debt on my DMP. I originally started my DMP about 4 years ago with a 68k balance, I had reduced this to 26k a few months back but then withdrew some old pensions at the ripe old age of 55... a couple of debts had never defaulted so I paid these in full and got settlement figures of around 20% reduction on most of the rest. The only lender who wouldn't give me a reasonable settlement was PRA who only offered 5% discount. My question is, now I've paid all other debts off. just leaving the 6K to PRA, I could realistically pay them £500 a month, is this what I will have to do till its paid, or can I just tell them its £100 a month as the money is better in my pocket than theirs as I don't feel a desire to stretch myself to pay off this last debt..

System · 29 December 2018 at 12:29PM

sasha180 wrote: »

Morning everyone, could someone advise me on my options with my last remaining debt on my DMP. I originally started my DMP about 4 years ago with a 68k balance, I had reduced this to 26k a few months back but then withdrew some old pensions at the ripe old age of 55... a couple of debts had never defaulted so I paid these in full and got settlement figures of around 20% reduction on most of the rest. The only lender who wouldn't give me a reasonable settlement was PRA who only offered 5% discount. My question is, now I've paid all other debts off. just leaving the 6K to PRA, I could realistically pay them £500 a month, is this what I will have to do till its paid, or can I just tell them its £100 a month as the money is better in my pocket than theirs as I don't feel a desire to stretch myself to pay off this last debt..

Well if it were me, I would pay them as little as possible, in the hope that eventually they would agree to a better discount. They don't need to know how much money you really have to pay them with. Some people like to pay more to get it paid quicker, but personally I would hold out for a better discount
We are currently not paying PRA anything as they have said they are unable to find the CAA paper work and so deem them to be UE in the mean time.

motivated · 31 December 2018 at 2:42PM

Hi all

I've not posted for a while but I can assure you I am always lurking

Wanted to share my good news (for me anyway)
Just received 2 letters from Halifax regarding our 2 huge loans. They say 'we agreed to freeze interest and fees on your account when you informed us you couldn't keep up the interest payments. We had wrongly added interest etc and have now refunded back to your accounts the sums of £485.73 and £310.67 and these sums will now reduce your balances :T

Obviously I haven't won the lottery but it sure feels like it

I also remember Sourcrates saying that around this time of year the boards become extra busy with new members asking for debt and DMP advice. Take it from me do not be scared to enter into a DMP if that is your only option. I am still here , I haven't been dragged through the courts, the big burly bailiffs never smashed their way into my home. In fact our creditors have been amazingly supportive.

I'm still plugging and will be for the foreseeable future BUT having nearly £800 taken off our overall balance is a great boost going into a new year in DMP land

Happy new year all
M

System · 31 December 2018 at 3:58PM

motivated wrote: »

Hi all

I've not posted for a while but I can assure you I am always lurking

Wanted to share my good news (for me anyway)
Just received 2 letters from Halifax regarding our 2 huge loans. They say 'we agreed to freeze interest and fees on your account when you informed us you couldn't keep up the interest payments. We had wrongly added interest etc and have now refunded back to your accounts the sums of £485.73 and £310.67 and these sums will now reduce your balances :T

Obviously I haven't won the lottery but it sure feels like it

I also remember Sourcrates saying that around this time of year the boards become extra busy with new members asking for debt and DMP advice. Take it from me do not be scared to enter into a DMP if that is your only option. I am still here , I haven't been dragged through the courts, the big burly bailiffs never smashed their way into my home. In fact our creditors have been amazingly supportive.

I'm still plugging and will be for the foreseeable future BUT having nearly £800 taken off our overall balance is a great boost going into a new year in DMP land

Happy new year all
M

Wow, its lovely when that happens. We also got this from H/fax, but no where near that amount. It certainly helps the total go down.

motivated · 31 December 2018 at 4:10PM

Hi ploppy

Both the Halifax loans are our highest debts. This is probably why the refunds were high.
M

DMP mutual support thread part 13 !!

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