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Posted: Sat Aug 22, 2015 9:59 am
by KAYKAY
I wasn't aware of the new protocols, and having already finished my IVA they will not affect me. But I do like to keep up to date with this site and offer support where I can. When did the new protocols regarding the need to acquire a secured loan come into force?
Posted: Sat Aug 22, 2015 4:00 pm
by longslog101
http://debtcamel.co.uk/2014-change-to-iva-protocol/. 2014, my understanding is IVA taken out before this are bound by the protocols in effect when they signed on the dotted line.
Posted: Sat Aug 22, 2015 5:06 pm
by Foggy
But beware -- some of the larger firms are asking clients to sign up to the new protocol in a smoke and mirrors exercise !
Posted: Sun Aug 23, 2015 6:56 am
by darth_ivader
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Foggy
But beware -- some of the larger firms are asking clients to sign up to the new protocol in a smoke and mirrors exercise !
Foggy makes a good point as so many of the smaller IVA firms have been bought by the larger firms, they have often asked us to sign the latest protocols along with higher fees etc. and have often used scaremongering tactics to do so.