Sorry we missed your post! I have no idea what they are like - hopefully another poster who has dealt with them will answer your query.
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
Hopefully an Industry Expert will come along in the week with more knowledge of Vanguard.
However, having looked at their website, I am concerned that they appear to use the newly emerging, creditor centric, method of calculating equity, which, for me, would be a reason to look elsewhere, unless they could convince me otherwise.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Hi,thanks for replying. I'm not a home owner so there won't be any equity.Just wanted to know if anyone have deal with them.I'm over 30000k in debt and they want me to pay a 179£ a month for the 5 years,do U think it's a fair amount?
It all depends on your disposable income. Make sure you claim for all allowances.
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
The amount you pay is not based on "fairness" ... it is literally all of your disposable income, so what you are deemed to be able to afford. Some on the same level of debt, might be paying £100, others might be paying £500. If the IP considers it is worth a shot, then it is worth a shot.
Don't forget that, if your income increases, so, too, will the payment amount, as well as handing over a share of overtime etc.
Best of luck with it.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Vanguard are a reputable firm and most companies use similar guidelines for expenses. You could get a second opinion elsewhere or stay where you are at.
