Dodgy practices

dobby465

I've just had an IVA rejected and am now going down the bankruptcy route. I thought I'd recount some of the dodgy practices that my creditors engaged in during and after the set up for the IVA and see how widespread they are. Apologies in advance for length.

Northern Rock.
Despite initially agreeing in principle to support the IVA they eventually rejected it. Along the way they were deliberately obstructive, failing to supply paperwork required by the IP and changing the final settlement amount without explanation.

I had voluntarily surrendered my house and they put it on the market at 15% below its market value (I'd had it valued by three estate agents.) Once sold they sent me a final statement but mysteriously added a further £11K to this sum in the info they supplied to the IP. This is what ultimately led to the rejection of the IVA. They asked for an extension to 6 years and I said I wouldn't agree unless they could explain the extra £11K. They ignored my request and rejected the IVA.

The week following the rejection, Northern Rock's collections people phoned me to say they'd now accepted the IVA and asked me to make arrangements to begin paying them direct! I asked for a copy of this in writing and it's no surprise that nothing has arrived.

Barclays
From the day I first contacted Barclays to advise them that I was in financial difficulty they have persistently tried to sell me a consolidation loan. I even got a call the week before the IVA creditor's meeting offering to "solve my current financial problems."

RBS
A couple of weeks before the IVA creditor's meeting I was phoned by a very aggressive representative from their in-house collection thugs, Triton. He shouted at me that if I didn't make an immediate token payment then it would be "viewed very poorly at any upcoming hearings."

I've tried to do the right thing by my creditors but their bullying tactics have now made me determined to only repay as little as I legally must. I wonder how many people fall for these tactics? Has anyone else had similar experiences?