Review from Jonathan (1424 views)

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Review of: Grant Thornton
Review date: 27 February 2007
Insolvency Practitioner who handled case: Not Known
I proceeded as far along as: Accepted IVA
The solution I opted for in the end: IVA
 
Speed of response
No of days to make a decision after I spoke to IVA company: 1 days
Weeks to IVA proposal after decision made: 4 weeks
Weeks to IVA accepted/rejected after decision made: 30 weeks
 
IVA Company Ratings
Their debt solutions expertise: 10 out of 10
Their customer service: 10 out of 10
Their speed of response: 10 out of 10
Overall Company Rating: 10 out of 10
 
Insolvency Practitioner Ratings
The quality of IVA proposal: 10 out of 10
Overall Insolvency Practitioner Rating: 10 out of 10
 
My circumstances:
I am 30 years old and Im an Electrical Engineer living in Cumbria. Due to credit cards, consolodation loans and generally being poor at controlling my spending I accrued debts of around £63000. I am on a decent wage for the area I live in and was just managing to scrape together enough each month to cover all my debts which meant I was left with very little to actually have a life with.
My interaction with the company:
I contacted a company whose advert I saw in a paper. The company is called "Best Solution". I briefly discussed my situation and within a week a member of the company travelled a considderable distance to visit me at my home. I was given straight forward advice and was recommended to apply for an IVA. I was also told how to handle creditors phone calls and letters which was a great help to me. I was informed that my IVA if successful would not be managed by Best Solution but by a company called "Grant Thornton". The transition from Best Solution over to Grant Thornton was effortless and smooth and My IVA was accepted. I found both companies very helpful and was treated with respect and courtesy on the phone and in correspondance.
Why I gave the ratings I did:
I have rated the company I dealt with all 10s because there was not point in the dealings that I ever thought -Ive made a mistake - or - Whats going on, Ive been left in dark. They were very professional, courtious, supportive and friendly.
One thing they did - which really impressed me:
The quality of the documentation with respect to presentation and ease of understanding.
One thing they did - which I felt could be improved:
 
Other points
I have been in my IVA for nearly 5 months now. It is due to run for 5 years and will write off somewhere in the region of £25000 - £27000 from my debt.<br> I will never allow myself to get anywhere near this level of debt in the future. I have to use cash for everything now eg. Fuel, food, clothes - everything! It is much harder to part with cold hard cash than to swipe Mr Plastic through the machine at the counter in a shop! I have much more money sense and value for money now. I feel really lucky that I have been taught a valuable lesson earlyish in life without too much misery and hardship.

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Reviewer quotes

  • Grant Thornton
swift action ,easy to understand terms and clearly dealt with all my debts ,and believe me there was...
Review from mr j lyle, 09-Jan-2007
they visited me at home as it was bad enough having to own up to this than having to go somewhere we...
Review from Michelle , 30-Jan-2007
dealt sympatheticly with our issues with the children and advised on how to present full and final ...
Review from Mr Mosel, 14-Apr-2011
how quickly my IVA was approved
Review from TrevorJohn, 31-Dec-2010
Once they had the proposal back, the creditors meeting was called very quickly.
Review from Whichwaynow, 04-Sep-2007

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  • I am currently in an IVA where Greg Mullarkey is the IP - I find him very rude and unapproachable. ...
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  • FJ: I’m sorry you aren’t happy with how we’ve handled your IVA. During your IVA if you earn mo...

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