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 Timescales - DMP to BR...

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T O P I C    R E V I E W
dazed and confused Posted - 21 October 2008 : 22:32:45

Dear Forum

I am currently in a DMP but due to go BR either in December or January (I am going abroad and do not feel I will be able to continue with the DMP.

My question is:

When should I make the last payment to the DMP - would I be able to get away with missing 2 payments to the DMP before going BR without the Creditors getting too heavy?

I have already received Default Notices from all my Creditors before going into the DMP so I am already in their bad books.

I currently pay the DMP on the 23rd of each month, so would I be able to make the next payment, and then miss the Nov. and Dec. one (and make £1 token payments) and then go BR early Jan. or would this be leaving it too long?

Thanks in advance!

2   L A T E S T    R E P L I E S    (Newest First)
Jo. Posted - 24 October 2008 : 13:13:45
Hi D&C

I would give the helpline a call on that one. The other experts on their can go through it with you a bit more indepth as i think you need to know a plan of action in order to suceed in where you want to be.

Best of luck

Jo Nye
x

Forum Adviser on behalf of:

www.bankruptcyhelp.org.uk

Tel: 0800 078 9367

You can read my blog for other information here:
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
dazed and confused Posted - 21 October 2008 : 22:44:15
Sorry - forgot to add that I need to miss the payments to get the BR fee together...

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