I have been contacted by Creditfix for an IVA as my debt settlement plan failed after 5 yrs. due to the company ceasing trading. Are Creditfix a reputable company to use. I have my own house with equity in it and Creditfix tell me that my home will not be affected (maybe, I'm thinking) because of my age, I am a retired pensioner on pension credit. Please clarify for me
You need to speak with a few companies. There is a good chance that at your age and with only a pension as income your house could be at risk, don't just take Creditfix's word for it without seeing hard figures and a contract wording that is set in stone.
Last Payment made 04/12/14. Completion Certificate 25/7/15. IVA company GT. No Issues
Creditfix are a reputable company but I am surprised they have cold called you.
Please speak to one or two more companies - Andy Davie/Vincent Bond (details under the ask experts a question link on the left hand side of the page) can be contacted for some free advice.
How much are your total debts and how much equity do you have in your home?
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
