Well today should have been a special day, my final payment has left my account, however, instead of being elated, proud and relived I feel frustrated, anxious and upset. I thought this was the end I've never missed a payment, paid all uplift when due and almost tripled my dividend, I kept my end of the bargain. A week has passed and still no email/letter from PJG or Creditfix, really hoe hard is it just to send a mail merge email?
I'm trying to be positive but I'm convinced this will delay closure and we want to move as soon as we hit 6 yrs. How is this fair on me.
It seems to me that CF have done everything asked of them and so all the gloom is hopefully misplaced. As I have already said give them a try and if you are let down then you can complain.
I am one those being transferred over to CF, and when I think about it it would not make sense for them to get of on the wrong foot and create all sorts of negativity, which would be detrimental to them in the long term.
I am sure that most people who enter into an IVA do a little homework on their IP before entering into an agreement and I found this website valuable in my choose. Therefore if CF get poor reviews then they loose potential customers/clients. However, I would have expected some statement or re assurance from them
regarding their takeover. My concern is at annual reviews when they may re visit ongoing cases and see what extra they can squeeze out of you!
That's my only concern as well, PJG made a realistic Budget and one that was achievable as its in no ones best interest for your IVA to fail. I don't think they can change it too much as the ones set out in your IVA are a baseline for your individual IVA. That said, if they do start mucking around at review time I'm sure a hive of activity on this amazing website will start and in the end people will become dishonest with their estimated I&E. I have spend the last week glued to this forum and have made an active decision not to stress and see how CF operates.
Loved Money, Hate Credit, Road to Recovery.... IVA started 3/3/14 -- IVA F&F accepted 18/5/17
I verify everything in my list. and its generous too. I spend alot on gifts for the kids , especially as im now separated and dont see them as much. But I the sacrifice take outs or driving as much. Just give and take. The money is all still used in a sense that it would of been anyway. And not on luxury's. I think the point is thats why we were in debt in the first place. Well , some of us . As long as CF understand that then I dont fear any problems. I also have to check all this money I pay goes into the same bank accounts as I have a DD set up and pay manually into a bank account PJG use.
The email I got from PJG states that the standing order instructions will stay the same, so I still have a standing order which says "s Clay" and im guessing that CF have taken over that account.
Loved Money, Hate Credit, Road to Recovery.... IVA started 3/3/14 -- IVA F&F accepted 18/5/17
Yes -- the client accounts will have been transferred also, so you keep paying as normal. All standing orders and direct debit mandates will still apply "as is".
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Just returned home after a lovely week away with my family very saddened to hear this news my heart sank and feel as anxious now as the run up to our IVA'S being approved, I have received no emails or letters to advise I have the same worries as most especially with the I&E as I felt this was very fairly dealt with by PJG also worried about the re-mortgage issue at the end of our term could we be forced down the secured loan path?
Inter-locking IVA approved 25th Feb 2013 - F&F offer Accepted 06th July 2017 - Completion Certificate received 20th July 2017
Foggy....."If you are unable to obtain a new..mortgage this will not be viewed as a failure to comply... Blah blah blah you supervisor will have the discretion to consider accepting one of the following alternative proposals...A third party equivalent to 85% of your interest in the property or 12 additional monthly controbutions ( with the aggregate sum paid to the supervisor ltd to 85% of your interest in the property" now I recall Mel reassuring her clients on this forum that this was NOT a secured loan ... Can anyone find that????
I am not technically minded sorry so cannot post the thread but there's a DFD want me to have a secure loan post from January where Melanie says it's not a remortgage
. As long as CF understand that then I dont fear any problems. I also have to check all this money I pay goes into the same bank accounts as I have a DD set up and pay manually into a bank account PJG use.
