Please be carefull.
Dont forget you will also be charged an extra £1300 fee for the variation meeting on top of what you already owe in fee's and debt. 60 payments is not true they can and will add more months years on to get the dividend they want.
Also they may be planning to bankrupt you, hence the stop payment.
I would keep paying the £210 you can afford.
Last edited by shelli 832 on Wed May 13, 2009 1:07 pm, edited 1 time in total.
I am with Payplan, and find them a thoroughly respectable company. My proposal and chairmans report make it clear exactly what we are expected to pay, and for how long. I know that if we can't remortgage in year 4 that our IVA's will continue for a further 12 months and that will be it.
If that wasn't the case, surely it would be no better than a DMP if they can just vary the length of it.
I would be surprised if you were charged that amount for a variation as well.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
shelli 832 wrote:
Please be carefull.
Dont forget you will also be charged an extra £1300 fee for the variation meeting on top of what you already owe in fee's and debt. 60 payments is not true they can and will add more months years on to get the dividend they want.
Also they may be planning to bankrupt you, hence the stop payment.
I would keep paying the £210 you can afford.
This is a ridiculous amount for a variation. My firm only charges £250. Ask them why so much!!
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
