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Posted: Fri Jun 13, 2008 7:42 pm
by snowman365
Has anyone gone with Payplan for a IVA?
Are they any good?
Posted: Fri Jun 13, 2008 9:22 pm
by maxdebt
Go to
www.iva.com there are 10 or so reviews of Payplan
Posted: Fri Jun 13, 2008 9:36 pm
by Moneystinks
I am with Melanie, the service I get is above and beyond anything that I expected.
I think there are a few people on this forum who have gone with Payplan though.
Good luck.
Posted: Fri Jun 13, 2008 10:00 pm
by snowman365
Cheers! Just checked now - seems like a good site.
Posted: Fri Jun 13, 2008 11:07 pm
by kallis3
Hi Snowman,
Me and hubbie are with Payplan. They sorted us out very quickly, were easy to get in touch with.
We should have sent them our first months payment before our creditors meeting (post dated cheques), but as we didn't have either a cheque book or a debit card we didn't have to and had no problems.
I can recommend them
Posted: Sat Jun 14, 2008 11:21 am
by snowman365
Hi Kallis 3
Is it true then that Payplan's fees are considerably lower than other IVA providers?
Posted: Sat Jun 14, 2008 6:29 pm
by kallis3
Hi Snowman,
Don't know what their fees are like in comparison with others, but I am paying as follows:-
Nominees fees - £2,500 + disbursments + VAT
Hubbies was exactly the same.
Hope this helps
Posted: Sat Jun 14, 2008 11:21 pm
by snowman365
Hi Kallis3
Thanks for your reply!
That seems like a reasonable amount. What are disbursments by the way?
Posted: Sun Jun 15, 2008 11:17 am
by MelanieGiles
Most IP fees are now industry standard and based upon 15% of realisations.
Posted: Sun Jun 15, 2008 11:20 am
by kallis3
I think disbursments are the cost of things like letters etc.,
Could be wrong though, and I am sure someone will correct me if I am!
Posted: Sun Jun 15, 2008 11:23 am
by MelanieGiles
That's correct Kallis!