Joint Debts - A Warning

[kallis3]

Totally agree Julie.

[Skippy]

Thanks for posting again thefsg, and I hope your IVA carries on successfully, and your wife can come to an arrangement with the creditor involved.

Hopefully lil.me will read this and post an apology to Mel.

[MelanieGiles]

I am glad that this matter has been clarified. The posters wife was not and is not insolvent, and out of personally owned assets has always been able to repay the debt in full as was the intention from day 1.

[Julie]

Just glad thefsg has given us the full picture. Must have been frustrating to have been wrongly judged Mel!

Also,thefsg has raised a good point re: joint debts/accounts, which hopefully will help other posters.

[Adam Davies]

Hi
I think the lesson from this thread is to not make assumptions based on the info provided as there is nearly always two sides to the story.
I understand that lil.me was commenting on the info supplied but given the fact that the IP was known it was not appropriate to state that it was "poor advice bordering on misselling".
The original poster has confirmed that they were more than happy with Mel and her team and there was no misselling
Lil.me please contact me directly to draft an apology before posting again
Regards

[MelanieGiles]

It all comes with the territory Julie.

[Julie]

Unfairly so on a forum that you so kindly give free advice too, in my opinion Mel.

I get it all the time, working in HR [:D]

I hope lil.me is as quick to apologise as he/she was to judge.

[kallis3]

I hope so too.

[kallis3]

Unlikely to happen though Julie as he/she has been locked out of the forum.

[Adam Davies]

Hi
The poster has only been locked out until they contact me regarding an apology over the "this is really a case of poor advice bordering on misselling" given the fact that the original poster has confirmed that this is not the case.
Regards

[kallis3]

I hope they do Andy. We do recognise that posters have differing opinions, but I will be surprised if they do come back and apologise.

I will stand by to be corrected if they do.

[plasticdaft]

I assume that Mel,you wouldnt advise an IVA for one half of a couple if there were joints debts then?? Unless the non insolvent partner was able to pay off the debt in full as in the case mentioned?

Paul

[size5]

Somehow, I have completely missed this thread, until now.

I wouldn't presume to comment on this case, but I get very annoyed when people use the phrase "mis-sold IVA". To me, there is no such thing. It is a very rare case indeed where there is only one solution to a debt problem, usually there are 2 or 3 roads that an individual can take and in the end it all boils down to personal choice. I know of no reputable IP firm who "sells" IVA's, we simply comply with clients written instructions once they have made their own mind up.

I accept that in the not too distant past certain sectors of our industry, and certain people/firms within those sectors, have not been whiter than white, but let me assure all posters and readers that the industry as a whole is working very hard indeed to eradicate any problems within it, and the days of the cowboys are very much numbered.

Interestingly, the most common use of the phrase "mis-sold IVA" comes from the likes of the IVA Council and their ilk, i.e bankruptcy assist firms, who really do make a fortune out of very vulnerable people whilst providing them with very little service at all, unlike the very much regulated world of IP's and IVA's. A very bitter paradox indeed methinks.

Regards.

[kallis3]

Well said Size5.