www.iva.co.uk

Newbie looking advice please ?

So I’m currently talking to national debt advice who are helping me set up and Iva with an insolvency Practitioner they first put me in touch with Hannover which went smoothly until the creditors meeting was rejected because of their fixed fees, they’ve now put me in touch with anchorage chambers which offers a no fixed fee but the still charges fees has anyone else has this much trouble or heard from this company, I’m new to all this and I’m really stressing

All IVA companies charge fees, some like Creditfix, charge more than others. Speak to a smaller firm or check out Stepchange who get decent feedback on here. Look around and see what people have said.

Creditfix charge the highest fees and are often brought to task and this delays many proposals. The usual is a percentage of realisations (often 15% to 25% ), rather than the more traditional fixed fee.

Hey hun,

I have just received my completion certificate after 7 months of making my final payment back in April. I have been with anchorage chambers for the full 5 years and they have been great. Really friendly and helpful . The annual reviews went without a hitch.

If you have any questions or queries they are easy to get hold off. I would recommend them .

5 years seems like a long time but it flies over . Good luck