Before deciding on BR, please speak to a couple of other companies. The professionals who post on the forum are all highly recommended and will give you free impartial advice.
You have had appalling service, but not all companies are like that. Just phone a couple of others.
If you decide to go bankrupt, and both of you do it, then it will cost you over £1000 in court fees (£510 each) and if you have property which has equity, you could lose it.
Think long and hard before taking that step.
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
There is no equity in our property and we have no assets to speak of other than our car which is probably worth £4000 and is a 7 seater owing to the number of children we have.
You may find that you need to buy another 7 seater, but an older and cheaper one as the OR only usually allows a car worth about £2k, plus to keep the house you would need to get someone to buy the beneficial interest in the property, which would cost £1 each plus £211 court costs.
Give an IVA company another try. It can't hurt, and may ultimately help.
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
You may be able to keep the car....we could keep the lease car payments going and that was valued at over £7k.
The beneficial interest is the interest in your property. When you go bR, it gets transferred to the OR unless you can get a third party to buy it. Its a simple process.
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 may be wrong here, but following this thread I believe that you are a client of my firm, and if so I am suprised to read the comments made - especially about the lack of contact with you since your file was referred to us.
I will contact you personally to dicuss the progress of your case, and in the meantime have to reserve any further comments until I can ascertain your correct identity.
If I am correct, and you wish to contact me this evening, I am happy to talk to you either on the phone or via e-mail.
If it is your company Mel, then I'm surprised by the comments as well, I know your firm don't work in this way and always maintain contact with your clients and you have an excellent reputation.
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
As with anything there are usually two sides to the story, and I need to speak to our client tomorrow to ascertain why some of these comments have been made this evening.
I think that everyone who knows me knows that client service is very high up my agenda, but my most important concern about all of this is we have a worried client to deal with, for whom we appear to have found a solution in what has been a pretty tricky case.
I don't want to say any more on this subject, but I will post again once the matter is concluded given the very public nature of the posting.
