My friend was listening to something on the radio recently about NOT using these debt people as they can make life very difficult for you. They suggestion was go to Citizens Advice who will steer you through to government run agencies that do this for free and make the terms far more easily palatable...... they can even get you out of your IVA agreement.[:0]
Is that right, the CAB can get you out of an IVA agreement? Just intriged to know if this is right or not [?]
The only way you can get out of your IVA is to let it fail and then you are back to square one with your creditors. CAB cannot get you out of your IVA.
I believe that CAB may well steer you to Payplan or CCCS however, if you do an IVA with them then you have to pay the fees. They are a commercial company as regards IVA's. If you do a DMP then they don't charge you fees.
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
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
She may well have got DMP and IVA mixed up as the former can be done for no fees.
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
in fairness , its only right & propper that the IVA companies take a fee, afterall they have to have an income sTream to pay wages. Also, had it not been for my IVA provider DFD, then I would have no alternative but to be declared bankrupt and I suspect many, if not all of the people on here in an IVA would also had no alternative but to be made bankrupt had they not been able to go to whoever their IVA provider is
12 months to go
Last payment made April 2012
Certificate received 1st Nov 2012
our 1st conversation about a IVA was with the C.A.B .
they told us they normally refer clients onto Grant Thornton or Payplan. these firms DO have a fee.
we are glad we chose to use Melanie Giles in the end,with recent posts even more so.
Nothing stays the same...everything changes..hang on in there!
Believe me, Payplan get as much bad press on here as many of the other agencies. All firms have their critics, and they all make mistakes at one time or another, whether a "charity" firm or not.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
All firms have a fee for IVA's. They're only classed as a charity as far as a DMP goes where they charge no fees.
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
i agree/understand that foggy. we found some old notes we'd made last yr when starting the process. Payplan (if you come into windfall) take a extra % on top of clearing the debt.
there are no "charity" IVA firms as far as we're aware although the CAB do present Playplan as a charity.
Nothing stays the same...everything changes..hang on in there!
That's a bit naughty to suggest some 'charities' don't charge a fee. Everyone charges for IVAs and paying a fee isn't the same as being ripped off (which this story seems to be suggesting).
Besides in most cases, the creditors pay the fee anyway!
There's so much wrong here...I hope CAB refute the story for their own credability.
Both Payplan and CCCS provide DMP solutions for free but they will charge for an IVA.
I think that CAB can come back and refute the story.
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
