I have decided to go down the IVA route

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David English

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Post by David English » Tue Jul 27, 2010 9:30 am
I have decided to go down the IVA route to manage a 50k dept issue. At this stage I am looking at Freeman Jones.
My contact has been a bit pushy, however, I do feel they can deliver and help?

Before I post the sign contract back today, can anybody offer words of wisdom?
 
 

Michael Peoples

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Post by Michael Peoples » Tue Jul 27, 2010 9:31 am
Hi David and welcome to the Forum.

If you have any doubts there is no harm in having a second opinion. Most IP firms will give free advice and you can go with whoever you feel most comfortable with.

Many IP firms do not charge up front fees and only get paid if the IVA is accepted so if in doubt ring another firm. Good luck.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
 
 

Adam Davies

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Post by Adam Davies » Tue Jul 27, 2010 9:31 am
Hi
Take a second and even third opinion from another IVA provider or two.
You are entering into a five year relationship with this provider and if you find them pushy it may give you an idea of how the relationship is likely to be.
Regards
Andam Davies
 
 

Tina Shortland

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Post by Tina Shortland » Tue Jul 27, 2010 9:46 am
Hi David, welcome to the forum, I woudl echo the other experts advice and suggest you speak with a couple of other copmanies to just make sure you are happy moving forward. You will be surprised at how companies can differ in the way they handle clients, the budgets that are discussed and the success rates they have.

If you are feeling pushed that is not a good sign and remember an IVA is for the duration not just the first stage of getting it in place.

You will see on here and www.ivamcom what other poeple have said about their experiences with different companies.

Regards,
Regards, Tina Shortland, Debt Advisory Manager for Melanie Giles at Debt Advice TV.

If you’re looking for effective debt related information, articles and news, then go now to our on-line advice service at www.debtadvicetv.com

If you’re ready to ask us for specific advice or help, then get in touch at www.call-me.debtadvicetv.com so you can start to free yourself from the stress and anxiety of overwhelming debt.
 
 

Shining

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Post by Shining » Tue Jul 27, 2010 9:51 am
Hi David and welcome to the forum, a good link provided above by Tina www.iva.com lists companies and some reviews. Our professionals on the forum also come highly recommended and can be found via the experts link to the left.

You need a good working relationship that will last 60/72 months with any potential IP. Make sure they're approachable and contactable.

All the best. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
 
 

David English

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Post by David English » Tue Jul 27, 2010 10:43 am
I cannot find www.ivam.com any surgestions?
 
 

Skippy

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Post by Skippy » Tue Jul 27, 2010 10:47 am
There's a typo in the web address - it's www.iva.com
 
 

Tina Shortland

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Post by Tina Shortland » Tue Jul 27, 2010 10:47 am
Thats because my slippy fingers on the keyboard have mistyped it David, sorry,

its www.iva.com

:-)
Regards, Tina Shortland, Debt Advisory Manager for Melanie Giles at Debt Advice TV.

If you’re looking for effective debt related information, articles and news, then go now to our on-line advice service at www.debtadvicetv.com

If you’re ready to ask us for specific advice or help, then get in touch at www.call-me.debtadvicetv.com so you can start to free yourself from the stress and anxiety of overwhelming debt.
 
 

dw1983

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Post by dw1983 » Tue Jul 27, 2010 12:15 pm
Hi David as others on here have said check out www.iva.com and ring a few companies before making a decision if you do decide on freeman jones my iva is with them and I started it 2 months ago very quick setup process and so far no hassles
Good luck
Iva completed
 
 

MelanieGiles

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Post by MelanieGiles » Wed Jul 28, 2010 2:39 am
I've heard a few people report that the larger IVA providers are being pushy lately. I wonder if there is any reason for this?
Regards, Melanie Giles, Insolvency Practitioner
 
 

nomoredosh

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Post by nomoredosh » Wed Jul 28, 2010 7:19 am
I am with Freeman Jones and I am coming up to my 2nd annual review. So far they have been excellent. However I must say that I found this forum after I went into my iva and I would have looked at more companies for advice in the beginning. When i read some of the reviews on here i realise that I was lucky that the company i am with is a good one, it could so easily have been a different story.
 
 

dw1983

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Post by dw1983 » Wed Jul 28, 2010 10:49 am
Hi nomoredosh I noticed you said annual review is that all they do as somewhere I'm sure I read six monthly review maybe I was wrong also have you had any pay increases during your iva and how did they deal with that
Thanks xx
Iva completed
 
 

David English

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Post by David English » Fri Sep 24, 2010 11:49 am
My IVA have just been excepted at 53p in the pound with 15% running charges to Freeman Jones

The only complaint at this stage is that it is almost impossible to talk to anybody at FJ.

Today I have just recieved a 2.5& pay rise from September. Does this mean we have to start all ovet again?
 
 

MelanieGiles

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Post by MelanieGiles » Mon Sep 27, 2010 12:52 am
Why is it impossible to speak to anyone at your IP firm? An IVA is a personal appointment to the IP concerned, and therefore you have the right to speak to them at any time you need to.
Regards, Melanie Giles, Insolvency Practitioner
 
 

Shining

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Post by Shining » Mon Sep 27, 2010 8:21 am
http://www.insolvency.gov.uk/fip/

David try this link to find the direct email address of your IP, as Melanie states you have the right to speak with him/her at any time you need to. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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