Review from Mistermatt (688 views)

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Review of: Varden Nuttall
Review date: 30 December 2010
Insolvency Practitioner who handled case: Michael Howarth
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: 4 days
Weeks to IVA proposal after decision made: 4 weeks
Weeks to IVA accepted/rejected after decision made: 8 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 full time chef living in worcestershire on average gross 1300 per month. I owed in total just over 15K. With paying rent, essentials and repayments I was living off further credit to survive. It was a terrible situation and felt like a trap living in a prison. Wish I had approached the IVA solution much earlier. The naive 20s and unforeseen circumstances dont help you with your matured 30s. Best thing I ever did was make that first step though I still remember it was the hardest step to make.
My interaction with the company:
All this seems a blur now as it seemed terrifying at first. Approached a company through search engine. DRD.Talked my situation through thoroughly and then was fowarded onto the real pros Varden Nutall. They made it all go through smoothly.
Why I gave the ratings I did:
I cannot fault or complain about any part of the service to date from Varden. Was appointed a personal administrator for every step of the process. Many thanks to Claire and Joanne and colleagues. I know you were doing your job but the EXTRA MILE says something for the company you represent. What seemed a complicated if not intimidating process at the time was only rectified by the ongoing and readily available support.
One thing they did - which really impressed me:
Communication. From the start I began to recognise and trust the varden phone number and its extensions on my landline and mobile knowing that each time it wasnt going to be a harrassing creditor.
One thing they did - which I felt could be improved:
Hard to say at this present date. Hope I never have to comment on this over the next 5 years. Our legal proffessional situation has been made very clear and I know my obligations. 
Other points
The IVA has changed my life. I have read in various forums that once your IVA has been approved for a 5 ?year contract, individuals can fall into an anti climax of disappointment. When my varden admin contacted me after I waited eagerly for the results of the creditors meeting and told me the news, a HUGE WEIGHT HAD LIFTED OFF!!!!!!!!!.One of the legal requirements of an IVA is to never obtain credit under the current agreement. I will never never ever possess a credit card or loan/ overdraft again in my life. It is one very big and painful lesson to be learned. For once it feels so rewarding and self motivating to pay for food and extras with cash or debit card knowing I will not recieve statements or letters with numbers of pounds owing. Still we live and learn. High praise to Varden Nutall for their professional help. In years to come this kind of assisstance may not be so readily available and pursuing a lifestyle good or bad on credit could be fatal to us all.

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Reviewer quotes

  • Varden Nuttall
Assisted me in dealing with some outstanding bills from previous residency.
Review from Andrew Gray, 27-Dec-2010
I had a very aggressive firm of solicitors chasing me 2/3 times a day every day they made one call a...
Review from 16333, 19-Jun-2011
They never confused me, everything was explained brilliantly to me and this made it stress free for ...
Review from 17449, 31-May-2011
Everything they did for me, giving me a chance to get out of a very dark hole.
Review from Giles, 29-Sep-2010
The level of advice I received from my senior advisor.
Review from Terry, 14-Jan-2011

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