Its been a while since we last posted on here however we have continued to look in.
Changing times in the debt advice sector that is arguably having an effect on the IVA Industry and some very interesting subject threads on this open forum seem to reflect this.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Presently, as an insolvency firm we are not regulated by the FCA but this may of course change. Debt management looks to be heading in the direction of one or two major players funded by the banks with little or no commercial competition. Personally I believe in choice and provided the client is made aware of their options they should be entitled to use an independent professional firm.
Yes, the Debt Management potential trend is what I meant with regards to the FCA & of course with the two players that I think you mean:) have IVA departments so to speak - so any big shift towards them DMP wise will likely have a knock on effect IMO - however time will tell as always
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Michael Peoples
Presently, as an insolvency firm we are not regulated by the FCA but this may of course change. Debt management looks to be heading in the direction of one or two major players funded by the banks with little or no commercial competition. Personally I believe in choice and provided the client is made aware of their options they should be entitled to use an independent professional firm.
Choice is important when deciding how to resolve your financial difficulties .. only having potentially two DMP options really does hinder a debtors decision in my opinion.
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
