Page 1 of 1
Posted: Wed May 21, 2008 8:16 am
by vanessa.d
I have been in IVA since last November and have been approached by a company who got my number from the insolvency register. They are saying they can reduce my IVA payments. Has anyone else been approached, what can they do and is it legal? Thanks all![:I]
Posted: Wed May 21, 2008 8:27 am
by angela18
there has been a few posts recently regarding this.. don't know how legitimate it is. I'm sure Andy or someone can give you some better advise
Posted: Wed May 21, 2008 8:56 am
by MelanieGiles
The only person who can help you to reduce your IVA payments is your IP. The firm which has contacted you are merely a marketing firm, probably fronting one of the bankrutpcy assistanc firms. Is there any reason why you need to reduce your payments? If so, you shoudl discuss this with your IP.
Posted: Wed May 21, 2008 9:07 am
by vanessa.d
their website is
www.xitdebt.co.uk .
Posted: Wed May 21, 2008 3:44 pm
by Adam Davies
Hi
Not much info is there ?
They will either offer an assisted bankruptcy service or a remortgage for a full and final.As Melanie states only your creditors/IP can agree to reduced payments once you are in an IVA.
This abuse of the Insolvency Register seems to be growing
Regards
Posted: Wed May 21, 2008 8:13 pm
by Reviva UK
Hi Stuart and Jo were on the same training course at debt Dr and Tim was on a different course.
Service offering is Bankruptcy from IVA's, refinance - but as we all know that is a little difficult and negotiated settlements.
Think they have another ex debt Dr called Ian working with them as they seem to be targeting South wales as well.
Time in industry is about 2 to 2 1/2 years maximum.