New to iva

witchypoo1973

Thanks mate, we have decided to just try ourselves to sort our debt out and sort council tax areas and our other non secured debt, thanks for the advice we will not be entering into any kind of debt management for foreseeable future, I would still ask you guys for ant advice what will help us to sort things with our creditors, thanks guys

Grumpelstiltskin

We  are always here to help you.

This is the section you need, ask any questions you  want and read as much as you can so you know what is the correct thing to do.

Debt-free wannabe — MoneySavingExpert Forum

Good luck .

fatbelly

ClearPath appear to be based in Eccles

https://uk.trustpilot.com/review/clearpathsolutions.co.uk?stars=1

Straightforward Iva provider. You'd be better taliking to someone who doesn't have a product to sell. Maybe National Debtline

ManyWays

I guess it is https://clearpathsolutions.co.uk/

Has the creditors meeting actually been held so the IVA has started, if not it is not too late to pull out even if the meeting is tomorrow!

Edit - well done for deciding not to proceed.  Post a Statement of Affairs here and get some useful tips about options  https://www.lemonfool.co.uk/financecalculators/soa.php

Brie

simple question to ask yourself - why pay them £4200 when you could be using that money to clear your debts.  

RAS

It's not clear if £4200 is what the OP expects to pay his creditors, or whether that is the IVA fees? In which case the fees are very low.

@witchypoo1973, stop paying your other creditors if necessary, or pay a token £1, and get back to the Council about a repayment scheme.

If you can't afford the minimum payments on your consumer debts, stopping paying them is the first step towards sorting out affordable repayments.

witchypoo1973

We haven't even signed the proposal , we text them this morning saying we was not going ahead, now text after text asking if they can ring and then the proposal was sent by e mail late afternoon, we sat down calmly and are in the process of contacting our lenders, thanks guys

Brie

I'd suggest you block the company if they are too persistent.  

RAS

The important thing to remember is that this company make money from the fees. Just read the job description. The primary role is lead generation, sifting incoming calls to identify sales opportunities and making out going calls (telesales). 

It's not clear from the website if they employ Insolvency Practitioners or just get fees from referrals. But someone's disappointed you aren't contributing to their Christmas bonus.

Block them on phones and email.