mis sold iva

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cat 1

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Post by cat 1 » Wed Jun 25, 2008 8:21 pm
Hi.
Keep getting letters to tell me I was mis-sold my IVA.I doubt it very much.However, even if I was what would the alternative be.Truth is all the information was available to us.We were desperate.We signed.And, up to now it's the best thing we've done for a long time now.However, I sort of understand when people believe they have been wrongly or poorly advised.If it wasn't for this forum I would still be very ignorant about alot of the processes and rules.The modifications were really hard to follow and I didn't know about the equity clause untill the mods came through.Still.We had no choice.We were/are insolvant.I'm glad we did it.
[:)]Cat
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MelanieGiles

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Post by MelanieGiles » Wed Jun 25, 2008 8:27 pm
Cat - these letters are sent out by companies intent on making money, and with no other motivation. If your are happy with your IVA then I suggest you treat them in the same way as you do other junk mail.
Regards, Melanie Giles, Insolvency Practitioner
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cat 1

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Post by cat 1 » Wed Jun 25, 2008 8:42 pm
Thanks Melanie.I have been doing.I 've also been offered loans and even a credit card...like I'm going to go there 'ever' again!Cat
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