| T O P I C R E V I E W |
| Will.h |
Posted - 21 January 2011 : 23:20:46
Hi iam currently paying a debt managment company around £120 per month,all i know is the company name but i have had no letters or anything in writing and recently found out they are not registered with the fsa i dont know what to do should i keep paying or stop,where do i stand legaly can any one advise |
| 11 L A T E S T R E P L I E S (Newest First) |
| Reviva UK |
Posted - 24 January 2011 : 23:28:12
Good luck
phone around until you are comfortable not just with what they say but also what they can't answer
Paul Johns
Bankruptcy Specialists
Reviva UK
www.revivauk.com
08454 751 851
Real People ..... Real Debt Solutions |
| Willh |
Posted - 24 January 2011 : 19:14:49
Hi and Thank you for all the help you have given me,think il sack the firm iam with and try a more reputable one , again thanks for all youre help |
| Niobe |
Posted - 24 January 2011 : 13:04:06
If you visit www.iva.com there are a lot of companies on there who do DMPs as well as IVAs, they just don't necessarily post on the forum.
Buckle your seat belt Dorothy, 'cos Kansas is going bye bye.
Jan
xx |
| Viki.W |
Posted - 24 January 2011 : 12:37:21
Will.h, give them a call and ask them to send you an up to date payment statement.
The way a good debt plan should work, is that you get a breakdown of the payment, what each creditor has been paid and also the charges taken from the DMP company. You should get this monthly.
Also you should have had a detailed summary of what the charges would be etc at the beginning, which you usually sign and then send back.
Let us know how you get on.
Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/ |
| Reviva UK |
Posted - 24 January 2011 : 12:36:15
Hi
many people think that Reviva UK only do bankruptcy Assistance and that couldn't be further from the truth.
We offer DMP's as well as ALL the other solutions to debt.
Vincent Bond are a well respected company and they offer DMP's and can facilitate IVA's too.
on the IVA.co.uk forum there are a couple of DMP companies but most only offer IVA's.
Paul Johns
Bankruptcy Specialists
Reviva UK
www.revivauk.com
08454 751 851
Real People ..... Real Debt Solutions |
| Niobe |
Posted - 24 January 2011 : 10:12:24
Having looked at the expert list on here, the only company I can see that do that are Vincent Bond, but I do stand to be corrected.
If you visit the link provided there are a lot more companies who do debt management plans and I would certainly recommend contacting one or two of them.
Buckle your seat belt Dorothy, 'cos Kansas is going bye bye.
Jan
xx |
| Skippy |
Posted - 24 January 2011 : 09:59:51
You can also have a look on www.iva.com as many of the companies reviewed on there offer DMPs as well.
View my blog at http://skippy13.blogs.iva.co.uk/
Only when the last tree has died, the last river has been poisoned and the last fish has been caught will we realise that we cannot eat money.
Last IPA payment made on 28th June 2010 - it's over at last! |
| Reviva UK |
Posted - 24 January 2011 : 02:37:58
DMP companies are not registered with the FSA neither are IVA companies.
To offer debt advice you need to have a Consumer Credit Licence and jump through a number of hoops to prove legitimacy.
There are a couple of DMP companies on the IVA .co.uk forum and some of the experts on this site also offer DMP's
Paul Johns
Bankruptcy Specialists
Reviva UK
www.revivauk.com
08454 751 851
Real People ..... Real Debt Solutions |
| Niobe |
Posted - 22 January 2011 : 18:37:12
I've not heard of them and it doesn't sound as though you are getting a good service from them.
There are a lot of reputable DMP companies around, some of which can be found on www.iva.com
Personally speaking, I would be looking at another company to deal with my DMP.
Buckle your seat belt Dorothy, 'cos Kansas is going bye bye.
Jan
xx |
| Willh |
Posted - 22 January 2011 : 18:13:08
Thanks,the company are called simple financial services,the trouble i have is thati have no confirmation of what they are paying,who they are or where they are from,the only record i have is the direct debit that was set up from the bank each month.i dont even know how much of the £122 per month is paid to my creditors, its starting to worry me now |
| Niobe |
Posted - 22 January 2011 : 09:26:50
Hi and welcome.
You can stop paying at any time as a DMP is not legally binding.
What is the name of the company?
Buckle your seat belt Dorothy, 'cos Kansas is going bye bye.
Jan
xx |
