| T O P I C R E V I E W |
| lyndsey |
Posted - 28 April 2009 : 18:30:19
i have spoken to reviva uk for some advice re my other posts. Would like to know good / bad experience fro anyone else who has used them previously. Were you successfull in your objectives etc.
they have advised that eventhough santander are refusing to remove the "marker" on my car in order for me to sell it that they (reviva) could enforce this in order that i can sell the car and them identify and deliver me a cheaper car which wont be seen as an asset , pay the BR fees from the sale and also pay their fees from this ? .......
thanks in advance
lyndsey |
| 15 L A T E S T R E P L I E S (Newest First) |
| mighty reds |
Posted - 29 April 2009 : 23:30:23
thumbs up from me thus far with Reviva |
| david3 |
Posted - 29 April 2009 : 23:25:24
Hi We used Paul and Reviva for our bankruptcy. Not only did he provide us with reassurance and advice he also took alot of the stress away by dealing with baliffs, business complications etc. Highyl recommended
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| MrandMrs |
Posted - 28 April 2009 : 23:36:19
Lyndsey, you are in safe hands with Paul at Reviva. We used his company for my husbands bankruptcy and they are still assisting with the effect it has had on me. I have nothing but praise for their services. We mainly deal with Ken, but did meet Paul at initial interview and you are safe in their hands. We were so convinvced we let them drive off in hubby's Jag to have it repossessed from their depot rather than our house, having only met them 2 hours previous.
Excellent company, wonderful support and lovely people to deal with. Can't recommend them highly enough.
working towards the first day of the rest of our lives |
| lyndsey |
Posted - 28 April 2009 : 23:11:55
paul , if your looking , please call me tomorrow. made my decision.
Kindest Regards
Lyndsey |
| sjbyron |
Posted - 28 April 2009 : 21:52:05
Hi
I didnt use Reviva for my bankruptcy as it was straightforward too, however paul was excellent at offering me advice with my car hp, expenditure and bank accounts so would really recommend him and his company
Best of luck
Stu J Byron |
| Reviva UK |
Posted - 28 April 2009 : 21:45:41
They cannot actuallyt reposess the cae but they usually try to get someone who has missed payments to "voluntarily surrender" the car and they will "discuss" the shortfall afterwards.
In reality a bit like barclaycard asking you to voluntarily surrender the "tv, food shoping, car repair and clothes".
Amazing the power of suggestion.
The tag needs to be removed then lyndsey has significantky more options available.
Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
http://www.revivauk.com
Real People ..... Real Debt Solutions
www.revivauk.com |
| gettingoutofdebt |
Posted - 28 April 2009 : 21:39:31
Definitely useful information Paul,
I've never heard of the 'marker' at the HPI before; is this normal or even legal?
It sounds a bit like a secured unsecured loan on the car i.e. if you don't pay the loan the company won't reposes it but if you try to sell it then the loan company can claim repayment for the loan. |
| Reviva UK |
Posted - 28 April 2009 : 21:24:11
Hi
the loan is unsecured against the car but Santander have placed a marker at HPI meaning that it is currently impossible to sell. No car dealer will buy it and any individual who purchases it should ( common sense ) have the car HPI's first to see if it has had an accident or is on finance.
Santander ( as do several other finance companies) put a caution on the file showingthe there is finance which means that they are aware that you are trying to sell it and at this point can come after you for a settlement or a refinance - even though they technically have absolutley no claim on the car at all.
in order to purchase a cheaper car and pay for court fees the tag needs to be removed, which will take some "negotiating".
Sorry to jump in on the thread but I thought it useful to discus the technical difficulty involved.
Once the car has been sold provided that we are 100% transparent with the Official Receiver and can account for the sale ( at market value) and what the funds have been spent on ( i.e £2000 car, court fees, replacement cooker etc ) then they will be ok.
We can buy a cooker however we cannot buy a 50inch Plasma as the Official Receiver will view this as a luxury and remove / sell.
Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
http://www.revivauk.com
Real People ..... Real Debt Solutions
www.revivauk.com |
| gettingoutofdebt |
Posted - 28 April 2009 : 21:08:15
Lyndsey,
How much is the car worth at the moment? You can do a rough check on http://www.parkers.co.uk/cars/prices/. Just select the manufacturer and model from the 'Used Car' option.
If it's more than £2500 then the OR will regard this as too much however you have the option of buying the car for the difference from the OR or getting a cheaper one. If you loan is not secured on the car and the car is worth >£2500 you can always sell it yourself and then buy a cheaper car to get you to work and back. The additional amount could be used to pay the BR fees and credtiors. You would have to declare this sale in the BR forms but there shouldn't be any problems if you explained to the OR what/why you sold the car and that you were prepared to give the excess (minus the BR fees) to the creditors.
What do you mean by:
"eventhough santander are refusing to remove the "marker" on my car in order"
Is this a secured loan on the car from Santander? |
| lyndsey |
Posted - 28 April 2009 : 21:05:55
yeah i have to go BR to clear the debt , IVA too expensive and too large an amount for debt management so BR it is. All debts will be inc in the BR and yeah i will be left with a car not the one I have now as its worth 6k and seen as an assett, it will be sold and another bought from the proceeds which will also pay BR fees and Reviva fees
Lyndsey
x |
| lennon |
Posted - 28 April 2009 : 20:26:05
quote:
Originally posted by lyndsey
they said that if they couldnt sell the car (which they sounded pretty sure that they could) that i wouldnt incur any fees from them and it would be included in the BR as i would have no other way of paying them etc etc , anyone else had simular situation re a car ??
lyndsey
x
I am a bit confused ...... you need a car for work? You also need to go BR to get shot of the shortfall?
Does Revivas solution leave you with no repo shortfall and a half decent vehicle to get to and from work?
That is what I would base your decision on.
Your original post said '' please can anyone advise me .........
Left my owner occ property in December 08, building society have now sold the property for only 75K and are claiming the 38K shorfall from me. I now live in private rented so have no property to sell. I am unable to pay the debt so citizen advice have advised me to go bankrupt (1st appt with them is May 5th).
I have no assests or savings at all and only get paid £500 a month so I know they cant make me sell belongings or take money from my wage , but I am worried about my car.
I took out a loan with Santander in Dec 07. its not a HP agreement its a loan. I need the car to get to work and take my 3yrs old to childcare (sigle parent). Can they/will they take the car from me and sell it ? the log book isnt in my name and hasnt been since i bought it, its in my brothers name because he insures it for me but the finance is in my name and i pay it. I asked them to change the agreement to someone elses name but they said I cant. Where will I stand ? i cant lose the car. i would really appriciate any help thanks
Lyndsey |
| lyndsey |
Posted - 28 April 2009 : 20:15:21
they said that if they couldnt sell the car (which they sounded pretty sure that they could) that i wouldnt incur any fees from them and it would be included in the BR as i would have no other way of paying them etc etc , anyone else had simular situation re a car ??
lyndsey
x |
| lennon |
Posted - 28 April 2009 : 19:11:45
quote:
Originally posted by lyndsey
i have spoken to reviva uk for some advice re my other posts. Would like to know good / bad experience fro anyone else who has used them previously. Were you successfull in your objectives etc.
they have advised that eventhough santander are refusing to remove the "marker" on my car in order for me to sell it that they (reviva) could enforce this in order that i can sell the car and them identify and deliver me a cheaper car which wont be seen as an asset , pay the BR fees from the sale and also pay their fees from this ? .......
thanks in advance
lyndsey
Hi Lindsey, we are using Reviva for our 'maybe' BR as it concerns a shop lease with a hefty personal guarantee.
I am the most suspicious woman in the world and had similar doubts to yourself. However, expert advice doesn't always come free and I found that much free advice available was not appropriate to our particular situation.
Another forum slates it ALL of the time....but sometimes the best advice does cost. Also advice that's not straightforward.
Mostly, I agree with the above (people being sold inappropriate IVA's etc) but, with certain situations you are not going to get the correct advice posted on an open forum.
So, in your case, which sounds a bit tricky, you need to weigh up the pros and cons of dealing with it yourself or dumping it on Paul (and he picks up a fee for dealing with it).
My case is not resolved so I can't award Reviva The Gold Star just yet;-) plus, I think I expect them to wave a magic wand and make everything better...which is not a realistic want.
Paul Reviva can only work within the rules but he understands the system better than any of us...as it is his everyday job.
I also need Paul to stop my OH running away....but I don't think it's part of the fee package....so I will tie OH up instead......sorry, only kidding. Paul, could you 'phone him pls?
If you want to PM me I am on MSE sometimes. If you post something on BR board there I can PM you. PM doesn't work on this site.
I know how you may feel though........It's a a hard decision to make to involve someone. |
| chester2005 |
Posted - 28 April 2009 : 19:02:33
I did use Reviva and yes they are a business but they do not charge ridiculous as some companies do!!!
Paul Johns is a gentleman who is committed to helping people through what can be a very worrying time.
Consider that all advice Reviva give is PROFESSIONAL and free until you take on their services and even then you still only pay a reasonable fee not one that increases with everything they do and every phonecall.
I considered a number of companies to assist with my BR, paperwork, court attendance , OR interview and everything else and Reviva came out on top high above the others.
I am personally aware of Judges and OR's that are completely impressed with the job they do and the fees that they charge.
Feel free to get other opinions but be aware that Reviva do things that other companies don't.
In a nutshell they are worth every penny, they do exactly what they say they will and the right advice taken at the right time can save a great deal of money and hassle in the long term, their fees can be miniscule compared to the amount they can save you.
If you want any more info or comments regarding them don't hesitate to ask.
Dave
Don't worry or know that worrying is as effective as trying to solve an algebra equation by chewing bubble gum.(Baz Lurman)
Life's too short!!! |
| GUSS |
Posted - 28 April 2009 : 18:53:30
hi Lyndsey
My wife and myself both had paul johns of reviva to do
our bankruptcy, he took care of everything and would
recommend him. he's always on the end of the phone if
you have any worries which gave us less stress we were
just glad for found him
well good luck take care guss |
