www.iva.co.uk

On reading a review of a firm on iva.com there is a comment that Max Rcovery buy toxic debts and then use their leverage to "sabotage" IVAs in their final years. How can they do that for I thought that if a debt in an IVA is bought then the purchaser of that debt is still bound by the IVA? Is that not correct? J

What nonsense. Max Recovery are a commercial purchaser of bad debt, largely from IVA cases, in the hope that they can make a return from dividends payable by IPs. In my experience they are a very supportive creditor.

Max want IVAs to run their course and the dividends paid out. They are certainly not saboteurs and as Melanie says they are very supportive when variations are proposed.

Max Recovery took over my Barclays debt, and wrote me a very nice letter to inform me of this and said that I would not be hearing from them again.

And I haven't.

Max Recovery are a very reputable firm.

Talking of Max Recovery they should have had a letter from me today by recorded delivery to update my credit files.

I had two of their statements today as well, still owe them money appearently, guess it's not filtered down to them yet from the IP.

Probably a little early for their systems to update. I find the larger the organisation the longer things like this take to filter through - but Max have good systems and do take client care very seriously, so I am sure it won't be too long before your credit file is updated.