Hi, the CAB are encouraging us towards Grant Thornton for a IVA possibly a F&f if my parents can help. has anyone any feedback on this firm? There aren't a lot of reviews.
thanks
Nothing stays the same...everything changes..hang on in there!
Grant Thornton have a good reputation, but feel free to speak to more companies via www.iva.com for free and impartial advice.
It can't hurt to do that.
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
They took over my IVA last year, and I had no problems with them at all. Always worth making your own decision though, check out www.iva.com for some impartial reviews
Does anyone know why the CAB favour Grant Thornton over other firms? I had always thought that the CAB had to be seen to be impartial, but there have been a few posts recently confirming this advice.
It probably has something to do with the fact that CAB's annual report shows GT as being a financial supporter/donor to the CAB network.
In itself I don't think that there is anything wrong with that but given that the CAB network is dedicated to providing local support it seems strange that an individual in Cardiff is directed to an IP in Northern Ireland!
I would be interested to hear NEDCAB's view on this arrangement.
Thankyou for the replies. The CAB told us they usually direct people towards Grant Thornton or Payplan,for us they're saying Grant Thornton. I've looked at the review site,they don't appear to have many up to date reviews as others do so feedback is helpful.
Nothing stays the same...everything changes..hang on in there!
Another question, if the CAB receive donations from Grant T. does that mean the fees charged are increased in anyway to cover donation's/refer?
The CAB have been very helpful to us.I wouldn't have know where else to go for help.
Deciding who to use is difficult having no past experience of this. I feel very vulnerable due to my lack of experience and my physical situation.
Thankyou
Nothing stays the same...everything changes..hang on in there!
I doubt the fees would be increased to cover the donations.
Do give one or two more companies a ring. The experts who post on here come highly recommended.
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
The fees are agreed between the creditors and the IP. This only really impacts on the client if the debts are repaid in full and the client is then responsible for paying the fees and costs.
I was directed to the nearest local firm, it was from the CCCS, but i was delt with the birmingham office, and they refered me to a birmingham based IP, guess it helps keep all the postage and telephone calls costs down [:D]
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