DMP Restitution (Compensation Not Income) Scams. Regulatory Definition for DMPScams.com Restitution is money paid to put a consumer back into the position they should have been in if the lender, adviser, or firm had followed the rules. It is not income, not earnings, and not a benefit — it is the return of money that…
DMP Suitability Assessment (CONC 8) Scams. Regulatory Definition for DMPScams.com A Suitability Assessment is the FCA requirement under CONC 8 that forces debt advisers, DMP providers, and debt packagers to check whether the solution they are recommending is actually suitable for the customer’s real financial situation. This applies to DMPs, IVAs, consolidation loans, and any…
DMP Affordability Assessment (CONC 5) Scams. Regulatory Definition for DMPScams.com Affordability Assessment is the legal requirement under FCA CO. This includes checking income, essential spending, existing debts, and NC 5, which forces lenders to check whether a borrower can realistically afford the credit without falling into financial difficulty, and whether the repayments would cause hardship. What it…
I Investigate Fraud for the Good of the Community — So How Did I End Up in a 14‑Year Debt Management Plan? For full transparency, I am: a Scottish Freemason, bound by a code of honesty, service and community duty the owner and lead investigator at ProbateScam.com, where I expose probate fraud and hidden traps…
DMP Non‑Enforceability Regulatory Definition. When a debt cannot be forced, chased, or collected, no matter what a creditor says. What Non‑Enforceability Means A debt becomes non‑enforceable when a creditor cannot legally: force payment take court action pressure the customer demand money threaten enforcement continue aggressive collection This usually happens when: The debt is over the…
DMP Suitability Regulatory Definition Scams. The rule that decides whether a DMP is legal — and the rule most firms break first. What Suitability Actually Means Under FCA rules, any debt solution must be suitable for the customer’s: income health vulnerability circumstances stability long‑term outlook A solution is unsuitable if it: causes harm increases hardship…
The rule every creditor must follow — and the rule most DMP firms pretend doesn’t exist. What Forbearance Actually Means In FCA regulation, forbearance means that creditors must ease pressure and reduce harm when a customer is struggling. It’s not optional. It’s not “nice to have.” It’s not “if the adviser feels like it.” It…
DMP Vulnerability Regulatory Definition Scam. The FCA’s most misunderstood rule — and the one the DMP industry breaks every single day. What “Vulnerability” Actually Means In UK financial regulation, vulnerability has a very specific meaning. It’s not about weakness. It’s not about pity. It’s not about “being emotional.” The FCA defines a vulnerable customer as…
Protected Income (DMP Scams Definition). Income that creditors cannot legally touch, and the number one rule DMP firms ignore. What protected income actually means. Protected Income is money that cannot legally be used for debt repayments. Your definitions page lists the core examples clearly: PIP (Personal Independence Payment) DLA (Disability Living Allowance) ESA (Employment and…
Zero Surplus (Nil Disposable Income) The most important definition in UK debt advice, and the one almost nobody explains properly. What Zero Surplus Actually Means Zero Surplus (also called Nil Disposable Income) is when a person has £0 left after essential bills are paid. This is the exact definition shown on your site’s master list….