Anyone used Aunt Meg?

Taran3030

Hello I’m writing here as my partner is in debt and has been since before we married, he pays around £129 to debt company that put all his debts together so he can pay them off that way. He was recently contacted by Aunt Meg who say they can do payments over 60 months £100 (current plan 80 months) and after that it is written off. Is this legit or too good to be true? Also they want a copy of my statement to show what benefits we get and that my partner is paying for my expenses at the moment as stay at home parent. I understand why they would need this though I’m hesitant to do that and can’t see any reviews that don’t come from Aunt Meg themselves. Anyone got any experience in this area or sign post me to another thread? Many thanks. 

[Deleted User]

Taran3030 said:

Hello I’m writing here as my partner is in debt and has been since before we married, he pays around £129 to debt company that put all his debts together so he can pay them off that way. He was recently contacted by Aunt Meg who say they can do payments over 60 months £100 (current plan 80 months) and after that it is written off. Is this legit or too good to be true? Also they want a copy of my statement to show what benefits we get and that my partner is paying for my expenses at the moment as stay at home parent. I understand why they would need this though I’m hesitant to do that and can’t see any reviews that don’t come from Aunt Meg themselves. Anyone got any experience in this area or sign post me to another thread? Many thanks. 

Avoid, avoid, avoid!

Who is the debt company he is paying £129 to every month?  I'm assuming he's on a DMP which he could self manage or do for free using one of the debt charities rather than paying blood sucking bottom feeders for the privilege of managing the DMP on his behalf.  How long has he been in this DMP?

Naomim

I've not heard of them but it sounds like they are going to charge your partner for this service and yes, too good to be true to say his debts will be written off if not paid in full.

Does your partner currently pay a service charge for his current debt management plan? If he is he should leave immediately and contact one of the free charities Stepchange or national debtline.

fatbelly

This is one of the IVA lead generators that pop up on youtube. They are impossible to regulate and annoy the hell out of me..

If an IVA is a viable option for your partner rather than the dmp he may be on, then get him to do his research. An IVA is a formal insolvency option and can be appropriate in specific circumstances but not to the degree that they are currently being pushed on people. 

An IVA is best viewed as bankruptcy for someone who is protecting an asset, such as a house. Bear in mind that in bankruptcy you only pay your surplus income for 36 months and you do this yourself on the insolvency service website.

If an IVA is the preferred option then approach a reputable Insolvency Practitioner direct, and wave goodbye to  Aunt Meg. You don't need her.

zippygeorgeandben

Yes I concur with what others have said - question for you; Would you buy something off Amazon which had zero reviews? ebay seller no positive feedback?
Please avoid; go and tell Aunt Meg to do one.

sourcrates

Unfortunately social media is awash with IVA lead generators claiming they can work miracles.
IVA`s are really for homeowners who have massive debts and can`t go bankrupt, a few others also fit the bill, but essentially for most everyone else, there is a better option.
Certainly don`t take advice from anyone or anything on Facebook.