It is extremely unlikely that lenders will agree to remove your name from debts that were fraudulently incurred in your name without there being a criminal conviction. My experience of the police authorities is that there is a strong possibility that they will have insufficient evidence to refer the...

It probably has something to do with the fact that CAB's annual report shows GT as being a financial supporter/donor to the CAB network. In itself I don't think that there is anything wrong with that but given that the CAB network is dedicated to providing local support it seems strange that an indi...

Having been subject to a very thorough regulatory review last week I would definitely rather be out!!! Sadly, we wouldn't be IP's if we declared UDI.

I would guess that the other two providers were CAB (who refer their IVA's to DFD and GT it would seem!) and Payplan.

Just as a matter of tactics I think that your letter is a tad demanding. As an IP I would always advise that the third party funds are paid in to the client account to be held to the order of the relative until written confirmation is issued that a fully and final settlement has been agreed with cre...

Hello Peer As an IP I'm delighted to see that you have chosen to participate in this debate. I've read the OFT report carefully and the results of the mystery shopping exercise and copy and paste below part of paragraph 1.2 of the executive summary of the mystery shopping report "Four mystery shops ...

Frankly, I don't think that is acceptable.There are no hard and fast rules here but an IP is expected to act in all matters in a timely fashion. I'm quite sure that they are not saying this to their new clients and you deserve as good a service as them. Reluctant as I am to suggest this, it really d...

It's more likely to be because they are satisfied that you do not have any additional income to declare or are liable for higher rates of tax.They may have taken this view from the contents uf the IVA proposal

A charging order will secure MBNA's debt against the property meaning that if you sell the property MBNA will be paid first before you receive any equity. It's very unlikley that you would be able to acheive a sale unless MBNA are paid in full (relevent if you are in negative equity) In theory a cha...

It's important to understand that noone can tell you what to offer. There simply are no guidelines as to what creditors will accept. As part of your offer you will need to explain 1 Why you are making the offer rather sticking with the original agreement, 2 Why the offer is fair to creditors So my a...

I posted on an earlier post and made the following comments (good old cut and paste!) "There's no such thing as an acceptable level of F and F offer - it just has to be the best one that you can make and there has to be a logic why you are making the offer. No problem there. Also, remember that the ...

From what you say, you've got very little choice but to go down the road of making such an offer. As you say, borrowing from friends and family, doesn't make sense. There's no such thing as an acceptable level of F and F offer - it just has to be the best one that you can make and there has to be a ...

You would be perfectly within your rights to make a complaint to the insolvency practitioner's professional body about this.The engagement is with the IP personally and not the organisation that he works for and, in my opinion, he has a professional obligation to speak to you if you are not satisfie...

The important thing to stress to you husband is that he should not be asked to contribute to the IVA but in providing this information he will be proving that he is paying his fair share of household costs. If he won't provide this evidence it may be difficult for the IP to get the support of credit...

Yes, you would be perfectly entitled to ask to see them. There is nothing in the terms and conditions, merely custom at creditors meetings where proxy votes may be inspected by anyone at the discretion of the Chairman of the meeting.If agreement was not given to inspect them you would be entitled to...

We are in very technical territory, here, but I think that the answer you are after is s260 2(b).If the IVA was approved all creditors are bound and if the debts have been succesfully compromised then there is no legal remedy. An IP would simply send the Chairman's report to the Court together with ...