Vanguard/Ebenegate

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David888

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Post by David888 » Fri May 20, 2022 2:18 pm
Hi guys ,on 3rd of May I have paid the last payment on my 5 year Iva,few days ago I spoke to one of Ebenegate advisors ask if they going to do final review and they said that my case was already been passed to a closure team and no review is needed, is that normal?I also notice that my IP has been changed as well to Mr Pope from Creditfix and I didn't received any information on that.

Foggy

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Post by Foggy » Fri May 20, 2022 2:51 pm
From another post of mine on this firm combination :
Excellent article on this over at Debt Camel, where, it seems the Vanguard IVA's have been transferred to Tim Pope, operating out of Ebenegate. The Insolvency Service have Mr Pope listed as being the principal of his own firm, TJP Insolvency, so maybe he has moved, or there are more smoke and mirrors involved.

DCs article can be found here: https://debtcamel.co.uk/vanguard-insolvency-iva-closed/ Well worth a read.


As for a final review; This should be done, but with a different emphasis than previous reviews. Most firms will carry this out by checking your last years income, rather than worrying about ongoing expenses. Then there is often an internal review where the life of the arrangement is revisited, just to dot the i's and cross the t's, although Ebenegate will often dot the t's and cross the i's !
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

David888

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Joined: Mon May 10, 2021 8:52 am

Post by David888 » Fri May 20, 2022 3:10 pm
It is so frustrating, feel a bit nervous about all of this going on with them at the moment.

David888

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Joined: Mon May 10, 2021 8:52 am

Post by David888 » Fri May 20, 2022 3:43 pm
As for the review they won't ask for payslips and bank statements?

kallis3

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Post by kallis3 » Fri May 20, 2022 4:06 pm
They may ask for them - depends on the company, you never know these days.
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

Foggy

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Post by Foggy » Fri May 20, 2022 5:01 pm
Fri May 20, 2022 3:43 pmDavid888 wrote:
As for the review they won't ask for payslips and bank statements?
Most firms would -- to check income in the preceeding 12 months -- but, from what you have said Ebenegate might not. From many posts on here it appears that Ebenegate do not put much faith in actual figures and simply use a review to increase the payment a little, regardless. Of course there is no scope for an increase at the end, so they might well not bother.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

David888

Posts: 7
Joined: Mon May 10, 2021 8:52 am

Post by David888 » Thu Jun 09, 2022 3:07 pm
Hi guys I call them again today regarding my closure ,they said everything is fine and they working on it,so looks like they won't be asking for anymore paperwork, fingers crossed all going to be OK.

Foggy

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Post by Foggy » Thu Jun 09, 2022 3:42 pm
Thu Jun 09, 2022 3:07 pmDavid888 wrote:
Hi guys I call them again today regarding my closure ,they said everything is fine and they working on it,so looks like they won't be asking for anymore paperwork, fingers crossed all going to be OK.
Fingers crossed. It seems that CF / Ebenegate do as little work as possible, think Easyjet or Ryanair of the IVA world, which is a liability when the IVA is in progress, but useful when it is to be closed down !
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk
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