We also have the debtor sign the options discussions documents or the IVA does not go to creditors. Unfortunately, given the society we live in, it is vital to have these documents on file. There are numerous law firms out there who have sued over bank charges, payment protection policies, endowments etc who will be looking for new targets in the future.
Misselling of IVAs has been mooted as the next legal case and if the IP does not have signed documents on file, it is the client's word against the IP as to what was originally discussed at a meeting possibly years before. If other IP firms do not have these documents on file it could be a problem for them in the future.
I know it was a few years ago, but I never had anything like that. I originally spoke to Thomas Charles, who told me I didn't want to go BR and they told me what figures I could put down. My case was then passed to Accuma, and when I queried the figures they told me not to worry and I wasn't even told I could speak to my IP.
Although I was sent a booklet to read and sign, at no point were IVA, DMP or BR explained to me, and as my head was all over the place it would have been nice for someone to explain it to me. Sometimes things don't sound as scary if someone explains them to you as they do when you read them.
I'm sure that we had to sign something as well once we had received the phone call explaining all of our options.
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
This is not the same as signing propert meeting notes confirming the advice given and the reasons why you decided on a particular course of action. Those booklets have to be handed out regardless.
Is this all Payplan did to confirm your decision, Sensible77 - or were there other papers you signed?
I'm sure that was al we had as well Melanie other than the proposal. I don't remember signing anything else.
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
SIP 3 clearly stipulates that detailed notes of discussions about options must be kept, so I am suprised that this has not happened in your case Jan - but so long as you are happy with your choice all is well.
We had a phone call to make sure that we knew what we were doing, and the R3 form and that was it.
We are happy with them at the moment.
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
