That is a good post honeysuckle - and about sums up how a lot of people feel about this industry. Hopefully when the test case is sorted they will run along and find something else to make money from.
Personally, i wouldnt want to take the risk if i had already been given a second chance.
There is NO guarantee that they can write off all of your debts. They are simply just out to make money from you.
I would reinstate the direct debit and carry on with your IVA.
If something sounds too good to be true, thats because it probably is. Dont risk it.
I wouldn't want to get out of repaying mine anyway. I borrowed the money, it's my responsibility to pay it back, or at least as much as I can afford now.
I won't be challenging any of my agreements, all of which were taken out prior to 2007. I won't be claiming back bank charges either as they will go straight back to the bank, so I can't see the point.
I suppose the one good thing is that as these 'claims' are for agreements taken out prior to 2007, as time goes on then they will become less and less.
The bad thing is that these leeches will have made a lot of money out of it.
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
