oooh i am popular, i think reading this someone correct me if i am wrong, the gripe is with most people who's iva fails, feel they have been mis sold when they have made payments, and the only person/persons who get paid first is the ip.
hold on now i am not having a go, and this is where the misconception comes in, the ip has done work, so they are the first to be paid, the debtor then says hold on a minute i paid that in good faith thinking it was going to my creditors, but in reality with an iva and it is stipulated in the proposal that the first lot of monies go to the nominee/ supervisor fees,on the other hand those who are also angry are the ones who have been pushed into an iva to suit creditors wishes to the min in the £ regardless of what you have to live on, this in its self is where the trouble starts,
people who are desperate are pushed in a corner to accept knowing they really cannot afford the requests and the ip has also cut them to the bone already, they accept as they feel they have no alternative, BR is scary,this is exactly what happened to me, in my case i was told to pay up front until acceptance,to show i was making the effort basically and could manage, in my case there was no winner but the ip, if it was accepted or not, they had been paid regardless,that's why they took 5 months,
but had not put that across to me, as most companies do as a no win no fee basically, i never said it was mis sold but after joining the forum i realised they had left me no option but to go for an iva, and made BR sound awful, my argument is, they should have had both me and hubby there to explain fully what an iva is, instead of frightening me and telling me i had no other options other than BR if i didn't go down the iva route, i asked many questions along the way and was told we will deal with it everything is ok,
my argument is i sought professional help, i thought i was getting professional help and paid thinking my money was going to my creds to show i was making a commitment,there are many rogue companies out there but there are also many good ones, it takes the bad ones to highlight grievances which puts the thousands of iva's that have been accepted and finished in the closet,
i would have loved to have had my iva accepted on the true grounds of the i+e that was acceptable for me to live on, instead of figures being jigged to suit the ip who knew what would be and not be accepted, i am not the only one who had a grievance with this company, so i know it was not just me,
i spoke to melanie after the rejection and she was honest with me and said BR was the only option, with my income, she didn't string me along and say pay this and that, and that's what synergie should have done in the beginning when i asked if BH and NR would accept and they said we have had no problems with either, i learnt my lesson well, i hope the iva film from CH4 reflects well on both sides, synergi took my money knowing full well i would never have got an acceptance,
i know that now, and i have had to move on, that's why i still post here if i can stop anyone going down the route i did, even if it is just one person then i will be happy, i would rather lead them to someone who is upfront and honest as to what is the best route for them to take, ok i may be on a mission, but hopefully it is the right one to help those who are truly in need of help.
kerri
ps never ever got my chairmans report either, put a complaint in told not to say or write anything from regulatory body and never heard anything since.
Please view my blog at:
http://scaredkez.blogs.iva.co.uk/
