I am not arguing the case that mis-sold PPI should not be re-claimed Melanie, not at all, it is the way EIF seem to operate (or not)I am questioning,I will also state that I have co-operated to the ninth degree with this company (numerous times filling in claims forms for the same thing and numerously telephoning them over queries I have had due to creditors communicating with me personally due to the fact that the correct procedure has not been followed by EIF, I have documentary proof to this fact), I even had to telephone one creditor and spent nearly half an hour on the phone (at my expense) due to the fact that they had refunded a whole £111 pounds onto a long gone CC account and I needed to get them to send it onto EIF for disbursement, this account is one which I have been asked to fill forms out again to see if I have a claim against in the last week?? to be honest I am not even going to mention on here again the name of the above company as it nearly drives my blood pressure through the roof with the dealings I have had and are continuing to have with them.
I am also not saying that I had wished I had gone bankrupt, please do not assume that by "venting my spleen" I am not aware of the light at the end of a dark tunnel the IVA has brought me, but its more the constant feeling of "what next to delay completion of my IVA" seems to bring.
I know you do Melanie- I wish others were more transparent & I know EIF charge 30% ,well us anyway, because its in our paperwork.
There's seems to be a bit of an explosion of questions relating to ppi & protocol t&c's over the last few days-
I think that whatever happens , people need to make informed descions about what they are being asked to sign- I say this because we felt we didn't have a choice, ie- if you don't sign , you don't get the completion certificates-
but actually you do have a choice , it just means that things might take a bit longer & at the end of the day it oesn't make any difference -
My feeling is that at when you are nearing the end of the iva you are so desperate to see the back of it you'll do anything to speed it up :
Whatever happens things have to be thought through.
The forum is a great source of info but for me it's had an adverse effect as the rose tinted spectacles have well & truly came off & I feel somewhat bitter at the lack of info we have rec'd from our iva company - who are probably better than a few out there.
So I will sign off xx
IVA COMPLETED & CLEAN CREDIT FILE.
An old bible proverb says this: the rich one rules the poor, and the borrower is a slave to the lender.
I do feel your pain guys - genuinely. As well as having an IP practice, I do also run a claims management company so I am fully aware of the PPI process and the timescales involved in submitting claims to creditors and to FOS. It can take an age, but I have to say that in my own firm claims are coming through in around 2 months if upheld - obviously longer if the creditors refuse to pay and they have to be referred to the Ombudsman.
