‘IVA Council’ was ‘foolish’

‘The IVA Council’ has admitted to Credit Today that they were ‘foolish’ to advise people to stop making payments to their IVAs. Jonathan Baker, The IVA Council’s (IVAC) auditor, said the IVAC sent out letters advising debtors not to make…

IVA Council makes false claims

If you have recently received a letter from ‘The IVA Council’, then make sure you read this. Recent press coverage of The IVA Council (IVAC) has exposed its false claims made in letters sent to people already in IVAs which…

When can bailiffs force entry?

Recently a person received a letter from court baliffs threatning to force entry into a property, regardless if the person was present or not. The bailiff had not previously gained entry into the property and no levy had been made…

How The Debt Collector Thinks

Or, how Simon Bell, tele-business trainer and associate of Windsor CME thinks according to Credit Today. According to Mr Bell, its not who an agent talks to when calling to collect debt, it’s more how they talk to you. Apparently…

RBS To Add Credit Card Charges

The Royal Bank of Scotland have said that they will be adding £12 charges to credit cards if customers if they fail to inform RBS of a change of address! Customers have 30-60 days to inform RBS of a change…

Debt Relief Orders

The Citizen Advice Bureau are calling for the government to introduce a new scheme called “Debt Relief Orders” – new insolvency plans put forward by ministers, due to the increase in people looking for debt advice. Debt Relief Orders will…

Credit Card Charges

This invesitgation by the Office of Fair Trading has been going on for the past 2 years and they have finally said that charges on credit cards should no longer exceed £12, which is less than half the amount inccured…

Financial Fitness – The New ‘F’ plan?

It’s March, and officially Spring, so with memories of Christmas and the ensuing January sales eclipsed by the first daffodils, have you recently had to deal with the shock arrival of bills and statements? How was it for you? Surprised?…

Bankruptcy Restriction Order (BRO) Reasons Online

Reasons for restrictions on peoples bankruptcy has now been made available online at the Insolvency Service website. Bankruptcy Restriction Orders (BRO) are usually applied when the Official Receiver considers that a person applying for bankruptcy may have been dishonest or…