DMP and partial settlements

buggaluggs78

Junior Member

Joined: Oct 2024

Posts: 1
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DMP and partial settlements

11th October 2024, 21:49:PM

Hello

I have been on a DMP for 4 years almost and am now in a position to pay off my debts via a partial settlement.

I understand the implications of doing so and I have contacted my creditors. Some have agreed to a discount but two so far wont discuss it with me only with stepchange.

Is this normal practice?

Is it better to let stepchange negotiate?

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DMP and partial settlements

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