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Can anyone recommend an IVA company please?

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Comments

  • RAS
    RAS Posts: 36,206 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Hi all

    Even a twit like me knows that an IVA is an Insolvency arrangment as is bankruptcy. It is not an alternative to a Debt Managment Plan.

    I have lost count of the number of people coming on here who have taken out an IVA without understanding this or the long-term consequences for their credit rating. And the number of times people have asked how they can get out of an IVA that is not working.

    Please take advice from an independant debt charity (or three) even if you then decide to use a commercial company.
    If you've have not made a mistake, you've made nothing
  • 10past6
    10past6 Posts: 4,962 Forumite
    fermi wrote: »
    CCCS only recommend an IVA in a tiny percentage of cases.
    As I mentioned earlier re my IVA, I'm one of those in that "Tiny" percentages, and that's only because I'd spent countless hours doing my research.
    Click here for Martins (MSE) advice on who to contact with Debt Issues - YOU HAVE NO REASON TO USE A FEE PAYING DEBT MANAGEMENT COMPANY- THEY CANNOT DO ANYMORE FOR YOU THAN THOSE LISTED IN MY LINK ABOVE.

    All information given by myself is offered informally and without prejudice - if in doubt seek help from a qualified and insured professional
  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    10past6 wrote: »
    As I mentioned earlier re my IVA, I'm one of those in that "Tiny" percentages, and that's only because I'd spent countless hours doing my research.

    As you should. :)
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
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