DMP mutual support thread part 13 !!

sourcrates · 8 March 2019 at 4:10PM

Susie12345,

You will be lucky if stepchange continue with a token payment plan for longer than a year, it is only ever seen as a short term solution, you would be well advised to get some funds saved up for emergencies, and then crack on with the DMP if that is the way to go.

Will you have enough disposable income to do a DMP with ?

Susie12345 · 8 March 2019 at 9:04PM

Hi
I think I might just wait a few months and then contact step change to set up dmp. Would this be acceptable?
I don't know what amount would be expected for dmp. I was hoping they would accept £100 a month for the first 6 months and then £200 a month after but I have 11 creditors and debt of £14000 ( I'm really ashamed of this but I know it's all my fault). So I don't know if they will say that it's not enough.
I don't really know what I should be expecting with regards to how much I should be paying monthly?

Willing2Learn · 8 March 2019 at 9:10PM

Marble030509 wrote: »

Since we sent the holding letters on Monday our creditors seem to be really on the ball. Even though we told them not to phone and only contact us in writing. Every phone call we have taken from creditors has been them asking for the Step change reference.

My question is by giving this reference if they are on the ball which they seem to very much be won't they just contact Step Change to ask them why my DMP has not started yet?

If they are calling you on your mobile then you can block the number.

Write to your creditors, advising them that you only consent to written correspondence by Royal Mail. Clearly state that you do not consent to correspondence by mobile, SMS, landline or email. Make it clear that any correspondence other than by letter, would be considered harassment, and that if the phone calls persist, then a complaint will be made to the FOS.

You could even use the template linked below. You'll have to reword some bits. But the point you want to make is that you are setting the boundaries, the terms of engagement, and you are in control.
https://www.nationaldebtline.org/EW/sampleletters/Pages/Creditor-harassment-warning-(sole-name).aspx

Marble030509 · 9 March 2019 at 1:25AM

Willing2Learn wrote: »

If they are calling you on your mobile then you can block the number.

Write to your creditors, advising them that you only consent to written correspondence by Royal Mail. Clearly state that you do not consent to correspondence by mobile, SMS, landline or email. Make it clear that any correspondence other than by letter, would be considered harassment, and that if the phone calls persist, then a complaint will be made to the FOS.

You could even use the template linked below. You'll have to reword some bits. But the point you want to make is that you are setting the boundaries, the terms of engagement, and you are in control.
https://www.nationaldebtline.org/EW/sampleletters/Pages/Creditor-harassment-warning-(sole-name).aspx

Thank you so much. I shall do this.

In terms of the creditor's contacting Step Change. Are they able to contact Step Change with the reference we have gave them and find out we haven't returned the DMP forms yet? I'm just abit nervous and curious how i am going to manage to keep them all at bay for 6 months whilst saving the EF.

Thanks again.

Sylvester6 · 9 March 2019 at 9:49AM

Hi,
Just a quick question, we've CCA'd all our 10 creditors but have only heard back from half of them. Do we just not do anything about the other half until we hear from them? It's all gone very quiet!!

Puzzcat · 9 March 2019 at 3:16PM

BeingDebtFreeStartsHere wrote: »

Thanks Puzz

Decided to bite the bullet and phone them - they were lovely!

Informed me that they had bought the Natwest loan and overdraft accounts and asked if the payment I was previously making was still affordable which I said it was. They offered to start the payments on 28th of each month starting in March meaning I have an additional £64 this month as I cancelled my SO to Wescot. They have removed my numbers from their system and taken my email address for all contact and have given me all log in details to make my monthly payments online. Happy days!!

BDFSH x

Hi BSFSH,

I received two letters for my debts bought by PRAt but didn't have time to read them properly or set anything up as I was going away.. I have just read them both, one states the normal set up a payment plan.. the other states set up a payment plan but this debt is unenforceable...

RESULT.. this was a loan used to consolidate and is probably my smallest debt, but I'm not paying any UE debts so this can go onto that pile...

Takes my debt down from the original £60062 to £25759.54...

Make sure you read your letters properly...

I CCA'ed all my credit cards but not my loan.. it didn't show on my credit report as Natsvest removed it because I kept complaining they didn't update the balance..

Happy Puzz. xx

sourcrates · 9 March 2019 at 3:31PM

Sylvester6 wrote: »

Hi,
Just a quick question, we've CCA'd all our 10 creditors but have only heard back from half of them. Do we just not do anything about the other half until we hear from them? It's all gone very quiet!!

Hi,

Its not always a quick process, and you get varying levels of response from creditors, just remember that all accounts are presently unenforcable until they send you what you have asked for, however long that may be.

sourcrates · 9 March 2019 at 3:34PM

Puzzcat wrote: »

one states the normal set up a payment plan.. the other states set up a payment plan but this debt is unenforceable... RESULT.. this was a loan used to consolidate and is probably my smallest debt, but I'm not paying any UE debts so this can go onto that pile...

Well done puzz, great moneysaving result.

Queen_of_Swords · 9 March 2019 at 5:57PM

Well, the DMP is due to start with the first payment going out on April 1st.....I have to see the funny side of that!! I have 4 creditors and have received letters from 3 out of the 4; some were the expected system generated ones, telling me I had missed a payment, and also some acknowledgements from the "holding" letters that I sent. Weirdly I had heard nothing from my bank, with whom I have a cc debt and small overdraft. Today the landline rang and it was them....:eek: I took a deep breath and very politely informed the girl that I had written to them, and had asked to be contacted only in writing and that SC were handling things for me... and she apologised and said she would make sure that this was noted. I was gearing myself up for some horrible embarrassing questions and it didn't happen. I realise I may still get some major problems on the way, but so far so good.

And it's thanks to all the advice on here. I knew to expect somewhat contradictory letters etc, and I knew to insist on not being phoned if that is how I want to play it.
So thanks to all of you on here with your many words of wisdom! :T

January2015 · 9 March 2019 at 7:10PM

Puzzcat wrote: »

Hi BSFSH,

I received two letters for my debts bought by PRAt but didn't have time to read them properly or set anything up as I was going away.. I have just read them both, one states the normal set up a payment plan.. the other states set up a payment plan but this debt is unenforceable... RESULT.. this was a loan used to consolidate and is probably my smallest debt, but I'm not paying any UE debts so this can go onto that pile...

Takes my debt down from the original £60062 to £25759.54...

Make sure you read your letters properly...

I CCA'ed all my credit cards but not my loan.. it didn't show on my credit report as Natsvest removed it because I kept complaining they didn't update the balance..

Happy Puzz. xx

Awesome result Puzz. So very, very pleased for you :j:j:j

DMP mutual support thread part 13 !!

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