Posted: Fri May 02, 2014 10:03 pm
We started a DMP with Payplan almost 5 years ago with massive debts of £135K.The going has been hard and long with 3 family deaths, my husband losing his job, my having a nervous breakdown, son no 2 having an horrific accident , our beloved family dog having been put to sleep but ...... today I spoke to Payplan and they have closed our file. We were able to settle our debts ( albeit a few were partial settlements) and have repaid in excess of £160k as a number of them applied interest right up to the bitter end!
Anyway, the relief is incredible - we are now in the position that , with the exception of £1500 owed on the mortgage because out endowments were short, we have no debts!! OK , so we have no spare cash until we have repaid the mortgage , but in 3 months that will be completed as well.
I posted on here a few times for support and advice and am so grateful to those of you kind enough to respond. We chose to tell no one of our debts so this was a vital link in desperate times!
I wish everyone well in their on going journeys to be debt free - we have learned so much from ours and we have no intention whatsoever of having to make it again!! We have learnt lessons for life!!
Once again , thank you all!
Anyway, the relief is incredible - we are now in the position that , with the exception of £1500 owed on the mortgage because out endowments were short, we have no debts!! OK , so we have no spare cash until we have repaid the mortgage , but in 3 months that will be completed as well.
I posted on here a few times for support and advice and am so grateful to those of you kind enough to respond. We chose to tell no one of our debts so this was a vital link in desperate times!
I wish everyone well in their on going journeys to be debt free - we have learned so much from ours and we have no intention whatsoever of having to make it again!! We have learnt lessons for life!!
Once again , thank you all!
