- Wed Mar 19, 2014 3:38 pm
There is now law surrounding the DMP solution. It is purely an informal agreement between you and your creditors (in your case negotiated by StepChange) to reduce the payments you make towards your debts. As such no creditor can legally force you to produce copies of your bank statements.
Having said this as Melissa has suggested if you are prepared to give information which backs up your income and expenditure statement such as copies of your bank statements this could mean that your creditors are more willing to agree to your DMP payment proposals.
Having said that I know that many people do successfully set up DMPs without showing any bank statements or wage slips. Carla, can you confirm whether you did this when you started your DMP?
IVA completed - July 2011
As a forum moderator I am here to help other forum members by sharing my experience of solving a debt problem and giving suggestions and advice where I can.