PJG

[Adam Davies]

Hi

I think it is a case of costs, supervising over 1000 IVAs is expensive in terms of staffing and resources. I'm not sure but I think Mel and her company may still take on clients who contact her direct, remember IPs also work heavily in the corporate market and my understanding is that Mel will be focusing on this area
Believe me Mel's decision was not taken lightly and I think it is fair to say that the response from Creditfix so far has been positive

Let's see what the weeks/months bring

Regards

[Desperate Bob]

Well that did not last long, was only with Mel's team for 5 months before I got sold on. Funnily enough one of the reasons I gave Mel on why I picked them was because I was afraid of being sold on.

A question though, My IVA was taken out after the new rule changes on secure lending but we managed to get it through with only a re-mortgage option, ie I do not have to take out a secured loan at the end of 5 years, only a remortgage if I can.

Does that still stand and can that be changed?

[relieved33]

I believe that terms cannot be changed without your permission

[Foggy]

Relieved is correct -- no alteration can be made to your agreed terms and conditions without your agreement.

[luluj]

Your iva stands as it was approved. Any changes have to be with your permission

[Desperate Bob]

Ok thanks guys, and ladies.

Will just have to be careful with what I sign going forward.

[kazzafunk]

Read everything carefully before signing any amendments to IVA terms and conditions.


That goes for everybody not just those transferred from PJG.

[Shining]

and remember if you do receive anything you can always ask here for non-judgemental advice as we do have expert posters alongside ourselves who can often decipher technical jargon.

[ridingthestorm]

This is an amazing forum !!

[bettyboop]

Not posted on her for a while but like many on here have received confirmation that we have been transferred to Creditfix from PJG. Being in the final stages of our IVA we were absolutely devastated to receive the news that we wouldn't be seeing our IVA through with Melanie and her team. Our IVA journey has not been without it's problems but I can honestly say that Melanie, Laura and everyone else we have dealt with over the last 6 years have been nothing but helpful, professional and totally non-judgemental and we couldn't have chosen a better team to represent us. No-one knows the exact reasons behind the transfer (business is business!) and although I'm worried sick about what will happen with Creditfix, I feel that I must remain positive and trust them when they say that there will be no changes to the terms and conditions of our IVA. Melanie will certainly be a very tough act to follow and I wish her and the rest of her team all the very best.

[luluj]

Great post bettyboop .... work with your IP, not against and I am a true believer it will be fine

[Credit-King]

Whilst it is true to remain positive, one cannot deny the feeling that PJG have just simply built up their client base with a view to just selling it on.

There was a post I read on here where the person has only been with PJG for 5 months or so before they were sold down the Swanee. What made me laugh is that they went with PJG to avoid being sold on in the first instance! I for one will be looking out on here for feedback regarding the yearly reviews & how Credit Fix will perform in them.

It is people like the poor chap only 5 months in and myself only 9 months in who have the biggest risk of being screwed over. Not so much now but a couple of years down the line. I will not be signing anything from them and am already working on my strict IE for review time to fend off any challenges of an increase in monthly payment. From now on I will draw out the cash from my account once a month after payday, only leaving the necessary in to cover bills.

Did PJG only ask for payslips does anyone know?? Or did they need bank statements too?

[harrysmummy78]

Creditking - I have only had one review with PJG I jut provided wage slips and any proof of increased expenditure no bank statement were required

[Foggy]

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Credit-King

Whilst it is true to remain positive, one cannot deny the feeling that PJG have just simply built up their client base with a view to just selling it on.

Businesses come and go, the going not always at the wish of the business owner.

Do you know your case, or any other for that matter, has been sold for a fat profit ? No you don't.

The Insolvency regulations provide for the transfer of cases where the incumbent IP can no longer act, through ill health, retirement, death and the like.

Would you prefer that your IP simply stopped acting ( for whatever reason)and simply failed the IVA's?

Over the last few years there have been quite a few transfers of case loads, for various reasons, which we are not privvy to. None of us like being transferred, but it is a fact of life.

[Shining]

We don't know and wonder if we ever will know why this has happened I agree, but with this thread becoming very speculative it maybe would have been wise for Melanie and CreditFix to try and reassure their clients, my own personal thoughts.