Sometimes, part of a deal is that you take on loss leaders with the money makers. We are not privvy to any of the agreements or arrangements and endless speculation merely leads to needless worry.
Cross bridges as you come to them.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
I agree Foggy. I cannot see CF trying to get more money from clients whose IVAs have completed but they may seek to recover PPI or the like if it has not already been claimed. Alternatively they may have just agreed everything as a 'job lot' and they will happily and quickly close the files.
Again time will tell but I still think everyone should give CF a chance.
Blimey, what a kerfuffle! I got the letters the other day so popped in to see what I could find out. My review is due next month, so I guess I'll just have to see what happens.
Has PJG actually closed down or just sold their existing book?
7 year IVA completed in December 2016 - there is light at the end of that tunnel
I know what you are saying Michael and you are probably right in what you say, its just that we are so close to completing our payments we dont want anything to go wrong, we gave PJG permission to start claiming PPI back in February and we have heard nothing since so i guess we will have to let CF claim it meaning a delay in recieving our CC, its these sort of things that get to you at this stage and send all sorts of thoughts going round your head, you just want it done and finished.
Im not having a go at JPG or CF because as you say we dont know all the details of the sale and neither should we, its just annoying for it to happen at this stage.
If there is PPI to be reclaimed this may not hold up closure. We close the files and get the clients to sign their rights to reclaim PPI over to us and regardless how long this takes matters not to the clients. the file is closed, the certificate issued and the rest is left to us.
I have just got home ... Looooong day being assesed i have had an email from crditfix saying they have had my email but are still going through transferred files so will get back to me... Fair enough ... At least I know ive sent to the right place
Time will tell and I sincerely hope it's a positive outcome for all. Having met Melanie on a few occasions I am sure she didn't make the decision lightly and I've done no research in respect of CF so can't comment, but rooting for you all that have been transferred for a problem free transfer.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
I asked the PPI question of CF this morning, and I was told that if the IVA had gone through closure but the certificate had not yet been issued then the PPI could still run on after the certificate was done as it then becomes a matter for them and the creditors and it would not need to include me (well, that is what I heard anyway so I hope that I heard right). The rep said that PPI doesn't have to hold everything up once we had done our part. He gave me a timeframe of anything from 2 weeks to 6 months for completion certificate regardless of PPI
Everyone is concerned simply because of the fact Mel and her team were so kind and helpful. But HOW could they do this is my question? Maybe.. the only way was by knowing the IVA was not going to be completed by them.
I am sure credit fix will do just the same as what Mel has done... month in and month out, take a cut of the money paid to the creditors, and do as little as possible for it.
Why would they deliberately go out of the way to stop getting paid?
I worry more about the end.... they don't ask any questions or for any evidence now, BUT then at the end... a netfilx account paid over 5 years or maybe a monthly payment to a local happy noodle come to light and the whole IVA is up ****s creek.
at the end of the IVA term CReditfix will not be bothered because they were not going to get any more money of us anyway.
AND the creditors will be over the moon because they have the potential of sending the bay lifts back round, to get some more money.
