Its sounds too goog to be true !

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oskiee6

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Post by oskiee6 » Sun Jan 30, 2011 3:11 pm
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I recieved a letter from a company called M&D services. It states:

"if you have been in an IVA for less than 18 months you can have all you unsecured debts legally written off"

Is this too good to be true?
oskiee
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Foggy

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Post by Foggy » Sun Jan 30, 2011 3:16 pm
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Yes !
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Foggy

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Post by Foggy » Sun Jan 30, 2011 3:21 pm
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Apologies for the brief response ... but that basically is it !!! Apart from those of us that feel some obligation to pay as much as we are able, if it were true, everybody would be doing it.

I would guess that these are ambulance chasers, who will probably attempt to steer you towards bankruptcy for a fat fee.
Last edited by Foggy on Sun Jan 30, 2011 3:28 pm, edited 1 time in total.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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kallis3

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Post by kallis3 » Sun Jan 30, 2011 3:23 pm
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It is too good to be true! They are ambulace chasers as Foggy says. They do not know your circumstances and if your IVA is running well then let it continue.

If you are struggling then your IP is your first port of call.
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
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Shining

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Post by Shining » Sun Jan 30, 2011 5:38 pm
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I totally agree with the other posters and as Jan says if you're struggling within an IVA then do speak with your IP as more often than not there is something they can do to help. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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oskiee6

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Post by oskiee6 » Sun Jan 30, 2011 6:58 pm
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I am coping with my payments (bit stretched at times) but not ready to throw the towel in. This letter arrived with my name on it. Guess these companies are able to get personal information about people which is a little unsettling.
oskiee
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Foggy

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Post by Foggy » Sun Jan 30, 2011 7:08 pm
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They get the info from the Insolvency Register, Oskiee6.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Shining

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Post by Shining » Sun Jan 30, 2011 7:15 pm
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All too often the Insolvency Register is abused in my opinion and like a lot of other posters I would like to see this removed from the public x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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kallis3

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Post by kallis3 » Sun Jan 30, 2011 8:09 pm
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Shouldn't be allowed. I would like to see it removed from the public view as well.
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
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Foggy

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Post by Foggy » Sun Jan 30, 2011 9:18 pm
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Likewise -- it serves no real purpose.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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oskiee6

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Post by oskiee6 » Sun Jan 30, 2011 11:28 pm
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There must be a way of raising this issue through protest and our democratic process. They should be held accountable. This would only happen if it was deemed criminal. Which it is !
oskiee
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kallis3

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Post by kallis3 » Mon Jan 31, 2011 8:31 am
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We have tried oskiee, did a petition two or three years ago and it got nowhere unfortunately.
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
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