Andrew1968, I have had 7 jobs in 7 years, due to promotion. And I dont see how I have actually been winding up the experts? I have never indended to come accross condescending and if that is how I have come across I apologise. I am in no way trying to score brownie points. I have read this forum for a while and was merely interested in seeing if I could be of any help too.
Melanie , I never have or will profess to be an IP, until I have passed all the necessary JIEB papers.
When passing the personal paper I contacted the IPA and ICAEW and enquired about a IVA only license. Both said that the IA86 allows for someone to act only as Nominee or Supervisor, however, at the moment they do not have the correct legal procedure for allowing this to happen so the RPB can issue a license, however, I am assured that this is on the agenda and will, at some point become a reality as it is the wish of the RPB's to have IP's who specialise in personal insolvency, those who specialise in corporate, and ones that do both.
On these telephone calls, both the IPA and ICAEW stated that with the pass, I was now entitled to call myself a qualified personal insolvency practitioner, but not use the word licensed, or IP, and I have been clear that on any posts I have made, I have not called myself an IP.
It is clear that I do not appear to be welcome on the forum. My intentions was to provide support and help as best I could, obviously I have failed.
But you refer to yourself as a "qualified personal insolvency practitioner". There is no such title - and of course the Insolvency Act makes provision for what you are hoping to attain, and has done for quite some time, but so far as
But you refer to yourself as a "qualified personal insolvency practitioner"! There is no such title (however I would be curious to know who at the IPA and ICAEW has invented one)- and of course the Insolvency Act makes provision for what you are hoping to attain, and has done for quite some time, but so far as I am aware there are no plans to actually implement the mini-licence - why would there be a need for this? I can recall this being debated at length by the profession around five years ago, and so far as I am aware it went absolutely nowhere.
It may be on the agenda, but I think that you will find that it has low priority, as neither the IPA nor the ICAEW see a real need for this - and there will be much resistance from those of us who went the whole slog. As you have entered to sit the corporate papers next year, I feel that you will get your own licence way before we see a change in regulations, and this will leave you far better in a situation to advice on all aspects of insolvency rather than just personal - they do go hand in glove at the end of the day.
As I said in my post, I am not wishing to be condescending, - and wish you the very best of luck with your studies.
I do not take your comments as condescending and I thank you for you comments.
The formal communication I heard was in 2009. I had intended to sit all three papers but had been told by the IPA that the "mini-license" was iminent so choose to sit only the personal paper as this is the field I have most experience in, and wish to mostly stay in.
I then received communication from David Kerr in 2009 who stated that the plans were on hold as they needed a way of getting the legislation through (I forget the name) and due to other commitments in parliament this was not likely to be anytime soon.
I then received further verbal communication this year that the mini license was back on the agenda and should be implemented within the next 3 years.
The rumour is (and it is a very big rumour) is that combined with this mini license for IVA's they want to regulate DMP's so an IP has to be attached to these also.
So you will be properly licenced before this comes in - which I very much doubt it will. I have heard David speak about this on many occasions, whilst he was a regulator with the ICAEW and the IPA, and have been following the difficulty with the legislative change with interest since this idea was first mooted. Personally, I don't think that anyone concerned has been taking this too seriously!
I don't see it happening, because I don't see a need for it - however if regulated DMPs needed a qualified professional to act - and I have seen no suggestion of this in all of the OFT working groups and trade association meetings I have attended - then watch the floodgates!
I wonder where you are getting your information from about the massive rumour - is your firm a member of the DRF or DEMSA?
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I do think it would be useful to have a distinction between the forum experts who are an expert because of their studies/work and those who are an expert from personal experience of financial difficulties - I know I found it a little confusing when I first joined a couple of years ago. Not sure what titles could be used though....just my two cents.
The forum experts who are professionals always have limited advertising for their firms in their signatures so should be easy to seperate from the rest of the experts.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
this forums strength is from the feedback from a wide spectrum of debtors.the professionals always keep us right if we give any incorrect information.if people just want to speak to professionals they may aswell just visit there personal independent sites or contact them.this forum offers more than that,its unique and a great place to start for help,and during iva,s etc carry on recieving help to the conclusion.
Hi
I agree with MBLUESKY, the strengh of the forum is the mixture of experts. There is nothing like first hand experience of a debt solution, when you have a mixture of this and excellent professionals you really can give people really good, honest advice.
Regards
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
