www.iva.co.uk

Hi,

I am in the process of applying for an IVA through Payplan. I have sent off copies of all the documentation they asked for and I was told it can take around three months to range. Is that correct? It seems like a very long time to be left hanging

Pay plan have quite a good reputaion on the forum amongst other posters.
It could take even less it would all depend on how complicated the case.

It could be because they have so many, you could always change your mind and go with someone else if youre not happy. They have good press on the forum like Mrs Skint has said.

Hi s-d,
Ours took around that time, but as other said it all depends on various things, ours for instance was a little longer as we had a lot of creditors around 14 in total so you can understand its a longer job with all those on board. But I must admit after the first 4 weeks the time did fly by and we did get a good result in the end and (a few more grey hairs).
We were also lucky with the creditors phonecalls we tried to answer all we could and we were not unindated with them so that was a bonus as we had missed 3 months payments on most of them. Don't worry to much how long its going to take it will be the worth it in the end.

Love Abi x

Hi s-d. Me and hubby are with Payplan, and ours took 8 weeks from start to finish.

Have had no problems with them up until now.

If your IP is doing their job properly, it can often take three months from the date you first instruct them to the date of the creditors meeting. In my experience the main time delay is in obtaining docuements from our clients, and getting creditors to independently verify the creditor balances.