iva.net, McCambridge Duffy

danp100

hi,
i am currently looking to sort out a proposal for an IVA with company i found called McCambridge Duffy their website is IVA.net. i have suddenly thought i might have rushed into speaking to this company, they were just the first i came across. although there are no upfront fees, i am worried because i know you will all advise me a charity one is better. this company has told me they get paid out of the monthly payment when an agreement is reached with the creditors, so i dont think it will be to bad. i was also wondering if anyone has dealt with this company at all? i have got quite far into it now, providing them with statements etc and to be fair they have been very helpful so i will prob just stick to them, any thoughts are welcome
many thanks
dan

FoggyBrain_2

I have heard a fair bit about this company and it seems a reputable firm, judging from people I have spoken to who have used them. I wouldn't subscribe to the notion that a charity company is better or worse, in the end they all get their fees, however they like to dress this up. Have a look on https://www.iva.com where there are many companies listed, with reviews. It's always a good idea to speak to a couple of companies, at least, to get a feel for them and the info they are giving.

danp100

thanks for reply, i have looked at the review site and it is very reassuring. i will stick with this company, as i said so far they have been very helpful and they are very quick to respond to any queries

debtinfo

basically all the IVA companies work the same sort of way, IE what matters to you is the amount you pay each month and that you can afford it and can keep it up to the very end.

also just to note you will probably find that all IVA companies (like alost all companies) are much better at comunicating with potential new customers than ones already locked in and signed up:D

bottleofred

Hi danp,

The one problem with an IVA (other than the fees of course) is that you have to tell Mortgage lenders etc you were on one, even when it's ended, so may make it difficult to get a Mortgage in the future.

danp100

thanks, no offence but i think at the moment getting a mortgage is the least of my problems.

FoggyBrain_2

Sometimes, Bottleofred, the situation gets to the point of "IVA now or BR later" (some, indeed, jump straight to BR -- that's their option). Either route will "damage" long term credit. But, needs must when the devil drives.

That said, it is a useful point for those new on the road to consider as whichever debt management route you choose, it IS a momentous decision and the more info the better.

samace83

Hello
I'm currently in my second year of my IVA with McCambridge Duffy so I can say they do their job, if you have questions thay are really quick with thier answers, and they are very thorough.
Hope that helps and you get everything sorted
Sam

struggler

This is a very professional firm who managed my IVA perfectly from start to finish. It was a F&F over one year. I had looked at others and frankly was very dissapointed with dealing with clerical staff.
So I found this firm via this forum and am very grateful for it

FavDaughter1

Hi we almost went with McCambridge,(have just had a full& final one off IVA accepted today with money from my parents) they have a very good reputation and good feedback. we read lots of reviews, i'm sure you are in very good hands. I've seen lots of posts saying McC have got IVA'S through for them,some for people with low dividends because that was what their circumstances allowed.

these nervous "wobbles" are all understandable, it's a big thing for you.

danp100

thanks for the responses, that is very good feedback. I have personally found them very good so far. My debt is due to gambling which i think i under control, i have managed to get away from it for a while now, although its not easy. Due to the reason for the debt i have been advised to go a debt management plan for 3-4 months before i can propose an IVA. so i am expecting to make my first payment in the next week or so for the dmp. Has anyone else been in this position.
I am also in a slightly strange position that my dad put a flat into the names of myself my brother and my sister. I have been told that hopefully this will not be affected and we can leave it out of the IVA proposal when it comes to that (although we will mention it), but i have never had anything to do with this flat. This is my main worry really and could be a potential problem. Not sure if anyone else has ever been in the position?
many thanks for your comments
dan