Hi Carl91,
A DMP in my opinion is for a short duration - no more than as a maximum 18 months. I would prefer 6 months - then try for an IVA. It is advisable to speak to an IP experienced in both DMPs and IVAs who will be able to advise you on the most appropriate solution depending on your circumstances. I am aghast that you have been in a DMP for 9 years! Speak to an IP asap - visit www.iva.com and see references from a number of them. Let us know how you get on.
Last edited by David Mond on Mon Dec 29, 2008 7:32 pm, edited 1 time in total.
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
