emaplo wrote:
try grant thornton. there a charity and take no profit. i went with a dmp with immediate financial and got seriously conned! they took all my money and said no to an iva. im now doing one and couldnt be happier.
I am sure they would love to be described as a charity -- Grant Thornton are one of the largest, and highly respected financial firms in the country. CAB, a charity orgtanisation, recommend them. Slight difference.
Incidentally, even the "charity" organisations take a fee in much the same way as the private firms do.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
They're definitely not a charity! All IVA companies charge fees regardless of who they are.
Grant Thornton are one of the companies recommended on here.
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
thanks for all your advice and kind comforting comments . Gambling is awful but when you're in the thick of it and you don't see what others see. Whilst others include friends and family it also includes the credit companies who imo should see that someone is gambling with their money and possibly see signs indicating a problem gambler. Whilst obviously not trying to excuse a gambler's actions I wish the credit companies had caught onto my behaviour and stopped me from having any lines of credit. Maybe there should be a law preventing gambling sites/casinos from accepting credit card payments?
Any addiction is a terrible thing to go through. An iva will give you five years cold turkey as no credit will be open to you. I hope you get on top of the addiction and the debt. You can't be alone on here with a gambling problem so I'm sure you're posts are comforting for others going through it x
thanks for all your advice and kind comforting comments . Gambling is awful but when you're in the thick of it and you don't see what others see. Whilst others include friends and family it also includes the credit companies who imo should see that someone is gambling with their money and possibly see signs indicating a problem gambler. Whilst obviously not trying to excuse a gambler's actions I wish the credit companies had caught onto my behaviour and stopped me from having any lines of credit. Maybe there should be a law preventing gambling sites/casinos from accepting credit card payments?
I wasn't aware credit cards allow such transactions now ? debit cards its different of course
As has been mentioned debts accrued by gambling will not prevent you getting an IVA or going BR. Even if a Bankrupcy order was extended beyond the standard year, they would not extend to more than the 3 years the IPO/IPA would run. Most of my debt was built up recklessly in this fashion.
The problem you have is that you are not really insolvent and hence the criteria for a creditor accepting you is unlikley to be met. And although it is unpaletteable keep paying interest it is what the creditor loves to see (i.e. payment of interest with little reduction of the capital debt).
It's slightly ridiculous that creditors actually want you in more debt before they will consider helping by means of an IVA.
mole wrote:
As has been mentioned debts accrued by gambling will not prevent you getting an IVA or going BR. Even if a Bankrupcy order was extended beyond the standard year, they would not extend to more than the 3 years the IPO/IPA would run. Most of my debt was built up recklessly in this fashion.
The problem you have is that you are not really insolvent and hence the criteria for a creditor accepting you is unlikley to be met. And although it is unpaletteable keep paying interest it is what the creditor loves to see (i.e. payment of interest with little reduction of the capital debt).
It's slightly ridiculous that creditors actually want you in more debt before they will consider helping by means of an IVA.
Don't understand this, whats the difference if you ran up £100,000 debt by going to Las Vegas 15 times or buying 100 pairs of expensive shoes ?
Obviously a creditor would take a dim view but how would they know ?
