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Posted: Mon Jun 04, 2007 3:31 pm
by Rainbow
Hi Melanie

Due to the feedback others have left regarding Grant Thornton being so busy and taking so long to draft proposal my question is - Is it possible to change IP's even though we have signed GT's paperwork etc.?

I really wish we had found this site 3 years ago and then we wouldn't have listened to the incorrect advice given to us by our Financial Adviser and would have been 3 years into an IVA instead of just starting out!![:(!]

Is it possible to take redress from the Personal Adviser for falling to mention IVA as a way of sorting out our finances?

Thanks very much for all your support this is a top site![8D]

Posted: Mon Jun 04, 2007 6:32 pm
by MelanieGiles
Hi Rainbow

There is nothing to stop you changing IP if you feel that you are not been looked after - but that would surprise me about Grant Thornton. As you have now signed up the paperwork with them, you must be 90% of the way there - I am assuming you mean your IVA proposal paperwork has just been signed up, so a creditors meeting should be just around the corner.



Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

Posted: Mon Jun 04, 2007 11:12 pm
by Rainbow
Hi Melanie
Thanks for the reply. We haven't even been sent the proposal yet we sent all the paperwork they required on 1st May and haven't heard from them since, all we have signed is there terms of business and acknowledge that we have received a booklet about IVA's.

Others have replied saying that they have just received their proposal and they started in early February.[:)]

Posted: Mon Jun 04, 2007 11:39 pm
by olympic_torch
rainbow.
we did our iva through grant thornton, things dragged on for ages for one reason or another, persevere with them, they are very professional
and will come through in the end.

Aucto Splendore Resurgo.
(1 down, 59 to go)

Posted: Tue Jun 05, 2007 12:18 am
by MelanieGiles
Hi again

I try to work on a 4-6 week turnaround from having a complete set of documents from a client. The whole insolvency profession is very busy at the moment, so why not ask your IP when they anticipate being able to send you your proposals.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

Posted: Tue Jun 05, 2007 9:30 am
by tracy.h
Hi Rainbow,if you are not happy with the service you are being provided with then remember it is your right to change companys,it is always advisable to try at least 2-3 companys before you make your desision.You have to be happy and confident in who is representing you 5 years is a long time.
Goodluck

Tracy

Posted: Tue Jun 05, 2007 9:44 am
by ray_a
Hi Rainbow

Have to agree with Melanie here.

There is a heavy work load for Insolvency sections of accounting practices. Grant Thornton are a very well respected firm and one of the few that have been around since I have been working for 30 years which says a lot about them as a firm.

I suspect you are fed up with calls from your creditors. Just tell them politely that you are preparing an IVA and tell them who is doing it for you and that usually does the trick.

Take care and Good Luck!

Ray