Sold to Max Recovery

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MerlinL14

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Post by MerlinL14 » Fri Sep 21, 2012 4:01 pm
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Got a letter today from Max Recovery and LLoyds to say that Max Recovery had bought our debt. What a broad smile I produced, knowing that MR's track record of updating credit references is far superior and far quicker than Lloyds will ever aspire to be. A bit of good news on a Friday is a wonderful tonic. [:D][:D]
Last Payment made 04/12/14. Completion Certificate 25/7/15. IVA company GT. No Issues
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Foggy

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Post by Foggy » Fri Sep 21, 2012 4:08 pm
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I had my M&S debt bought by Max Recovery too ( letter arrived this morning). Apart from their more efficient processing, they might be more amenable to an offer if need be further down the line, as they will have a lot less resting on the dividend :-)
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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suky424

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Post by suky424 » Fri Sep 21, 2012 4:37 pm
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It's good to hear that Max Recovery are efficient as they are the ones that have bought my Barclays debt, anyone would be better than Barclays ... they're numpties!

They've also sent little statements from time to time which is much more than I've got from anyone else!
Whoop Whoop!!
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herbekj

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Post by herbekj » Fri Sep 21, 2012 5:52 pm
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Max Recovery bought loads of my debt. Their entry was absolutely correct on my credit report, they sent letters once a year written in a non-provocative way simply updating you on the debt to them and showing my IPs payments which was nice to know it really was being paid off, guess which creditor dropped of my credit report exactly as they should this month , Max Recovery.
Last edited by herbekj on Fri Sep 21, 2012 5:53 pm, edited 1 time in total.
Last Payment - November 2011 - Completion Certificate received 2 weeks after last payment, Removed from Insolvency Register within 4 weeks after last payment.
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Shining

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Post by Shining » Fri Sep 21, 2012 8:32 pm
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They have a lot of mine too, sounds good news when it comes to CRA's x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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footiemad

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Post by footiemad » Fri Sep 21, 2012 10:34 pm
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M&S sold mine to Max Recovery today as well !!
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Skeef143

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Post by Skeef143 » Sat Sep 22, 2012 12:11 am
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And me!! I've moaned about the address being on the envelope earlier, but they did say the letter was for information only, and as per the terms of the agreement they will be dealing with my IVA company. Mind you, M & S have never given me a moment's bother from day one of my DMP etc, and they didn't affect my credit rating during that time (although of course I dunno if the IVA has changed things as I have not looked!)
Final payment 1st April 2016.
Completion Certificate received 19th May 2016.
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Shining

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Post by Shining » Sat Sep 22, 2012 2:26 am
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I had M&S debt too and they were a good creditor and never game me any hassle.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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MrsKnight

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Post by MrsKnight » Sat Sep 22, 2012 7:29 am
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My debt with Barclays was sold to them too! Never had any problems with them x
Final IVA payment made in April 2013, never ever thought we could do it or get through it but we did! X



An IVA.co.uk Mentor is someone sharing from their experiences of dealing with debt

Lyns x
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