interim/token payment

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BJN

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Post by BJN » Sun Nov 30, 2008 9:39 pm
When you say an interim/token payment how much should this be? When I cancel DD do I write to them and advise that we are going through a DMP?
 
 

MelanieGiles

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Post by MelanieGiles » Sun Nov 30, 2008 9:45 pm
What does the DMP company you are using recommend? Token payments ought to be made on the basis of a pro-rata payment to each creditor in line with the amount they are owed, and based upon your affordability out of your disposable income.
Regards, Melanie Giles, Insolvency Practitioner
 
 

kallis3

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Post by kallis3 » Mon Dec 01, 2008 3:56 pm
BJN is already sorting out a DMP with a reputable company.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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