Fury at U-turn on IVAs
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Insolvency experts attack Government's retreat from plans for simplified Individual Voluntary Arrangements
“Certain creditors are still insisting on receiving more than debtors can afford to pay in some cases, resulting in proposals being rejected even where the creditor represents only 25 per cent of the debts. That can be in nobody’s interest.”
see today's Sunday Times>Money>consumer affairs
http://www.timesonline.co.uk/tol/money/consumer_affairs/article5182378.ece
MM
“Certain creditors are still insisting on receiving more than debtors can afford to pay in some cases, resulting in proposals being rejected even where the creditor represents only 25 per cent of the debts. That can be in nobody’s interest.”
see today's Sunday Times>Money>consumer affairs
http://www.timesonline.co.uk/tol/money/consumer_affairs/article5182378.ece
MM
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Hi, Martin’s asked me to post this in these circumstances: I’ve asked Board Guides to move threads if they’ll receive a better response elsewhere(please see this rule) so this post/thread has been moved to another board, where it should get more replies. If you have any questions about this policy please email [EMAIL="abuse@moneysavingexpert.com"]abuse@moneysavingexpert.com[/EMAIL].Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
I thought it all sounded too good to be true...:rolleyes:0
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