Thank you for your reply, it's really appreciated. My business debts are not heavy and should disappear this coming year as my order book is considerably up on the last two years. What I am really worried about is that my business bank account (Partnership Account) is with one of my personal creditors... I don't know whether it's possible to set up a DMP and not include one of the creditors (I hold a credit card with them with a reasonably small balance)? PayPlan said point blank that I would not be able to use my business overdraft to trade if I was on a DMP and this will mean losing my business. Any more help and I would be really grateful, Thanks LF

Hi there, I've just found this forum and really wondered whether anyone had any advice for me. I am self employed in a partnership, have been for over 6 years. Business started well but then I split from my partner (life, not business) 2years ago, and coupled with the downturn business really suffered. I have got into a situation where i have been robbing Peter to pay Paul, and now have nothing left. Ironically business has now picked up, but because I've borrowed so heavily I now cannot afford to service my debts, particularly the credit cards. I owe 37000 in unsecured debt- this is my debt, not the companies. I've never missed a payment but will do soon- there is nothing left. My question really is, is it possible to enter into a DMP whilst 'ringfencing' the business account (which has an overdraft) so that I can continue trading? I've asked CCCS and Payplan and they say yes but not with them as they have to include all creditors and treat them equally. Whilst I understand this, surely if I don't have access to the business account I can't trade and therefore will be in a worse position? It's got to the point that this is all I think of now.. I can't concentrate on anything else and I feel sick all the time. Any help would be gratefully, really gratefully recieved, Thanks, LF