Can anyone shed any light on Logan Whyte? I had a meeting of creditors last week that I found out didn’t actually happen. I wasn’t told until I did some digging and I’m now with Logan whyte having been passed over from credit fix. Contact has been minimal and I feel like I’ve been dropped, I just want an outcome as I feel more stressed now that I did before I started this whole process.
Problem is I’m not sure I can afford to wait with the time it’ll take to start the process again. My TSB account is locked with a full months wage in it, I need a letter from my Insv.prct to be able to get the funds out and I don’t currently have one as I haven’t yet been accepted, waited nearly 2 months (including time with creditFix) and I’m currently worse off than I was. I honestly don’t have a clue what to do anymore
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
No not really, an IVA seemed like the perfect solution but i seem to be going round in circles. I’ve had an agreement through to sign from Logan whyte today but even that’s taken a week. I just don’t want to be messed around as we all don’t, surely they’re legit?
Yes, they are legit, but service levels differ between firms. The chances are, going by what has happened in the past that CF were rejected (not you) by creditors because of the high rate of fees they charge. So they have shunted you along to Logan Whyte who charge less, but are closely connected. Further, there is a firm called Ebenegate, based in Mauritius. who administer IVA's on behalf of IP's ---- their press is less than impressive --- apparently LW use them also (Ebenegate is also closely connected with CF ). Bit of an incestuous mess really.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
I’ve noticed a few of the creditors weren’t listed on the new agreement also but not sure why. Thanks for the info, much appreciated as I can’t find anything on the internet about them and they’ve told me
Nothing about themselves on the 1 phone call I’ve had. Gonna give it a few more days and see what happens, preying for some positive news.
Thanks for replying
We're not allowed to recommend any companies but would suggest you avoid the big companies and go for the smaller ones who have a more sympathetic and personal approach. Look around the forum at some of the posts and see who people are happy with.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I've just had the same, well I'm in the process still.
One of my creditors refused creditfix fee and they have transferred me to logan whyte.
My IP with insolvency experts did not seem concerned, so I'm hoping I get my draft proposal through soon as credit fix sent it them but I still have to see it yet.
Steven Cooke of the Insolvency Experts, although an IP, would not be your IP if they handed you to Creditfix, or Logan Whyte -- it would be one of Creditfix's four IPs or Logan Whyte's Russell Whyte Buchanan.
I suspect, for reasons best known to them, that they are merely supplying Creditfix with leads / fact finding service for a fee --- they don't care whether you go with Creditfix or with Logan Whyte --- they will still get their fee and then lose interest.
The water gets ever muddier !
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
