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Posted: Tue Mar 17, 2009 4:42 pm
by twoods
did anyone see the news last week, office of fair trading clamping down on whats known as free debt advice, or free get me into a IVA advice as they are now calling it,

some IVA companies are very good, but be aware before making a descion.!

Posted: Tue Mar 17, 2009 4:43 pm
by Skippy
That's why we advise people to contact several IPs for advice before they make a decision.

Posted: Tue Mar 17, 2009 4:43 pm
by rayb
That is why we always recommend on here to check out www.iva.com so that you can read the reviews yourself and go from there.

Most do offer free advice and no pressure

Posted: Tue Mar 17, 2009 4:44 pm
by kallis3
The one's closed down were dodgy, unregulated companies using names the same as genuine ones.

Posted: Tue Mar 17, 2009 4:54 pm
by size5
No companies were closed down to my knowledge, but some websites were closed for sailing a little close to the wind with certain phrases.

Regards.

Posted: Tue Mar 17, 2009 4:55 pm
by kallis3
That's what I meant Size5! Got a bit carried away there!

Posted: Wed Mar 18, 2009 8:55 am
by David Mond
And they were not necessarily IVA companies but companies who either offer so called advice and may be packagers and/or debt management and possibly IVA companies.