www.iva.co.uk

I have approached a company called Harrington Brooks, they seem really good and want a £300 fee , is this normal. Have checked them out and there is positve feedback and lots of good comments. Can you confirm that they are a good and an ok company to go with . Thanks Trace

Hi Trace
Welcome to the forum.

I don't know much about that company, and it is normal for these fees
But here are many companies that don't charge upfront fees to arrange an IVA.
These charges are usually only paid if the IVA is accepted.
Also, these charges and other fees related to the IVA will come out of your monthly payments and these are agreed and authorised by your creditors.

Check IVA.com for reviews in other companies, call some other ones and see what they say.
Or read some more posts in the forum and you will find plenty of comments and reviews related to great IVA companies here.

Good luck
Luigi

Hi and welcome

Are you looking at an IVA or a Debt Management Plan ? no need to pay any upfront fees for an IVA

Regards

I am with Harrington Brooks and they have been very good do far I haven't had to pay any up front fees just the ones stated in my proposal

we are with Harrington Brooks. We paid a fee of £450 when we were accepted.

Was that for your first IVA contribution Christabelle?

I'm with Harrington brooks and nothing has been mentioned to me about up front fees

Hi Trace,

I'm with Harrington Brookes and I paid a £300 fact finding fee before my IVA was put in motion. That was before I found this site and realised I may not of needed to pay it if I'd gone with someone else.

But never the less, they have been fine so far and I have no complaints.

HTH

I have just received an authority to act from Harrington Brooks and they want 2 x £150 fee the 1st at end of this month. I am not sure I want to choose this IP. It looks like I should do some more research.

You should not need to pay any upfront fees to your IP. Why have they said that this is necessary, and have you tried any other IP firms to see how they compare?

Hi Trace - welcome to the forum

As you will see from the various responses, the £300 fee you have been quoted is not a necessary payment to make. Of course if you are completely happy with HB and don't mind paying it then of course do so but it may also be worth chatting to a couple more companies to make your comparisons before making any decisions.

I have one month left of my iva,i have been with Harrington Brooks,they did not ask for any up front fees the fees were too be paid out of my first three months payments,they have been very helpful throughout my iva,ring them back and clarify the payment.