PJG

[relieved33]

I know a couple of people have screen shot Melanie's comments about it not being a loan. Foggy posted the link on this thread yesterday.

Perhaps it may be worth clarifying by email with your understanding of it not being a loan.

[ridingthestorm]

When I took out my iva with PJG it was verbally stated that it didnt mean a secured loan and would mean 12 additional payments and that is what im going to fight for when the time comes, as if that was the case I would of gone done a different route to sort my debt out. And even mel stated that on this forum. The link is on the previous page.

[chocoholic2]

That's what first got me wondering...I've got a screen shot now too - hopefully that will be enough. I plan to email them once all my files have been transferred, then at least we'll all know what we're talking about - hopefully!

[stevie43]

My partner is in the same boat here. We have only recently had a letter regarding mortgaging and the letter clearly states that if she cannot then the 12 month extension will apply. Nothing regarding a secured loan. There is already one on the house. House is in partners name and has always been so. It's her house. The mortgage and secured loan are all in her name. It's her IVA. The affordability on her salary will not pan out. I am watching this thread with interest

[recovering]

Hi, been at work all day, did fellow PJG'ers see the second link I posted? That is a pretty definite statement :-s

[relieved33]

Stevie, the wording has recently changed. If you haven't agreed to new terms, you will be fine.

[stevie43]

She needs to try to remortgage after Dec 2014 Her iva commenced June 2010. Are you sure? Sorry to question. Thanks

[chocoholic2]

Hi Recovering..think your 2nd link is the one I've taken a shot of
I'm in month 40, and the 3rd party wording is in my agreement.

[harrysmummy78]

Thanks Recovering I took a screen shot I was looking for that all day yesterday, Hopefully the 3rd Party argument will be one a lot of us wont have to have however I feel it will be.

[recovering]

Well that is 2 statements from Mel stating emphatically it does not mean a secured loan, the one Foggy posted includes the legal opinion too? i have a feeling there are more similar qoutes on here too

[harrysmummy78]

might be worth dropping CF an email and getting them to clarify this, well that is if my IVA has been transferred to them I haven't heard a thing only from this forum.

[chocoholic2]

I've had no official notification either - it's only because I phoned PJG on a completely unrelated matter that I found out I had been transferred.
I will be emailing once the dust has settled and they are in possession of my files.

[luluj]

Harrysmummy78 ... give them a call to put your mind at ease as to whether you have been transferred or not. Have you checked your email box thoroughly ...it may have gone into spam/junk file?

[Pandy]

Been reading this thread with intereast as I remember what fear I went through when we were passed over to GT. Just remember people who are taking a screen shot of Mels comments from previous threads, If you sign up to any new conditions from CF read it carefully as it may invalidate this, especially if it just mentions the new 2014 IVA protocol without being specific. They will probalby just say it is to do with fees etc which is what GT did to get a lot of us to sign up to the PPI claims.

[Foggy]

As PJ says, check any new amendments carefully. Firms have, in the past, used somewhat of a Trojan Horse approach to sneak in less popular amendments.