www.iva.co.uk

HI,i am in a iva with grant thorten part of blair ennersby,i was advised to go bankrupt in July 2011,and to stop paying my iva by a COMPANY called Credit Cruncher Leeds (beware),paid them £1500 over 6month period only for him to scam me leaving me in termoil,so it is nearly 18 mth since i last paid the IVA. it WAS £700 court fee and £800 for him,what can i do.

Hi Robert. You say you paid the £700 court fee -- did you actually go to court -- or did they make off with the money ?

Assuming you weren't made BR, the IVA would have failed by now.

I suggest you have a word with GT to see where you stand. Then, according to what they say, have a word with a couple more IP firms to discuss the way forward ... most likely start again with an IVA or go BR properly, depending upon your circumstances.

hi foggy,he kept telling me Grant Thorten were dragging there heels,£700 was part of the agreement so they could arrange everything for me,so no i still hav,nt got to court yet.

If GT haven't been chasing you for missed payments, I assume you have got "lost" in the transfer from BE.

I guess it's pointless me telling you, as you already know, but, for the sake of other readers here and, as you have discovered ... these firms claiming they can get you debt free within 12 months know absolutely nothing of your circumstances when they approach you with these false promises. At best you will be made bankrupt, when you needn't be, at worst they will fleece you of your money and dissappear, leaving you in a bigger hole.

You need to get your current status clarified with GT, then, basically, start again. Do you consider BR might be the best route, or another IVA ?

Agree with Foggy - I think you can kiss goodbye to that money.

I do agree that you should speak to GT as soon as possible, also check on the Insolvency Register to see if you are still showing on there.

These companies get your details from the register - they have no idea of your circumstances or whether or not your IVA is working comfortably for you.

yes bankruptcy best for me now,was with cccs4yr ago,then i went with baines and ernst for another year,they put me onto bair enersby for another year then grant thorton,all the time more funds,could,nt stand when i worked overtime to repair my car they wanted extra

You will have to save the £700 again to pay for the court fees as I can't see this other firm getting back to you.

Make sure your IVA has failed as some courts need to see a termination letter.

Do you have any assets that might be at risk with BR.

I've just googled them - the company was dissolved at the end of November this year so I'm afraid you are out of pocket.

hi Niobe,been waiting for it to fail been in touch a few times,if i go bankrupt what bank can i use to get my wages paid into and pay my direct debits

Hi the co-op are a friendly bank to those without a good credit rating.

hi the coop says they dont except undischarged banhrupts

Maxbloo1 -- someone in an IVA isn't an undischarged bankrupt.

Agree with Foggy - an IVA is not the same as bankruptcy and the Co-op are very IVA friendly.

Hi
If you are going Bankrupt then Coop wont accept you as they have changed their policies regarding offer accounts to bankrupts.
I think Barclays and the Coventry BS are they only ones that offer accounts to Undischarged Bankrupts, the coventry BS having on a cashcard and operated online and phone only and Barclays offering a visa debit card but branch only access.

There is also the prepaid market, Sam Mond - a great guy who posts on here regularly oversees a product called Clearcash which is highly recommended and offers the same facilities as a bank account i.e card, direct debit standing order etc and Secure Trust Bank which offers a real bank account with a prepaid card or cards attached both charges a monthly fee but dont charge for bounced payments and dont credit score except for identity check
Best of luck

If you are already a customer of the Co-op then your account is safe. If pre bankruptcy then you will be accepted by the Co-op, it's only undischarged bankrupts that they don't want.