What do these people hope to achieve apart from earning fees and putting existing IVAs at risk of failure?
To prove that something has been mis-sold, they will have to categorically prove that the debtor was not provided advice with regard to other options, and that a better solution was available which was not offered. Whilst it might seem obvious to us that there are cases of mis-selling, it will be difficult if not impossible to prove that the debtor was not given good advice. And how do you prove that someone made the wrong choice?
The Insolvency Service's statement was apt, to the point, and absolutely correct.
Regards, Melanie Giles, Insolvency Practitioner for over 20 years.
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