I am not sure what the method of charging was. It quoted a figure in the original proposal of 5000.00. Surely the items they claim have taken more time should have been included in the original costs because the modifications were known before the proposal was agreed. Also, some of the items they cl...

We received the first annual renewal report this week and its not good. Our IP - Gibson Booth - have increased their Supervisors fees from 5000.00 to 8151.00. This is an increace of 61% from the original cost stated at the creditors meeting. Nominees fees. disbursements and VAT will be added to this...

Gibson Booth

To marsha 1 - Gibson Booth I have taken advice from an independant financial adviser. It was the second time he had visited us at home. We originally asked for advice in November 2007. He travelled quite some way to visit us. The combined meetings lasted a total of 4 hours. Intially. I was sceptical...

Spoke with IP yesterday. Tried to arrange a meeting with the Supervisor but his assistant would not arrange this as she said he may charge me for any extra meetings. The best I could do was raise telephone queries with his assistant. It is very difficult dealing with this company. They are very relu...

Hi - We did it together - They advised me of 'suitable' amounts to include.
I will make an appointment to see the IP next week.
Thanks for your help so far - I will keep you posted.

Hi - Thanks for the advice. The IVA and mortgage are in joint names. We had it valued just before Christmas and if we sold it now and paid off the amount outstanding on the mortgage, it would leave us with 35K equity (assuming it could sell in the present climate). Is is worth considering offereng a...

Reply to Melanie Giles Thanks for the quick response. Only one creditor voted - RBS represented by Tenon IP - Gibson Booth The house clause is: The property of XXXXX to be included in the arrangement. The property is to be professionally valued within 3 months after the fourth year anniversary of th...

Hi - I need help - Sorry this is a bit long and drawn out but I thought it best you had as much information as possible. I entered into an IVA in March 2007 - owing 60K. The IP company seemed genuine and helpful right up to the creditors meeting. The day before the creditors meeting they even phoned...

Hi - I'm 8 months into an IVA. One of the conditions was to have my house valued during the 4th year and repay 75% of any equity by a remortgage. What happens if I am not able to get a mortgage or (because of my age) would only be able to take a mortgage out for a short period and then the repayment...