Review from Yorkshire Man (754 views)

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Review of: ClearDebt
Review date: 27 May 2011
Insolvency Practitioner who handled case: David Emanuel Merton Mond
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: 7 days
Weeks to IVA proposal after decision made: 14 weeks
Weeks to IVA accepted/rejected after decision made: 16 weeks
 
IVA Company Ratings
Their debt solutions expertise: 8 out of 10
Their customer service: 8 out of 10
Their speed of response: 8 out of 10
Overall Company Rating: 8 out of 10
 
Insolvency Practitioner Ratings
The quality of IVA proposal: 8 out of 10
Overall Insolvency Practitioner Rating: 8 out of 10
 
My circumstances:
I am retired living in Yorkshire , I had debts of nearly £35,000 living in rented house
My interaction with the company:
I was a a DMP plan with Abacus part of the Clear Debt group and I was approached to look at the IVA to which I agreed to. I explained that was retiring soon and there was no pressure that is why it took so long. I returned the pack and infomed of the situation after everything was sorted out work wise my IVA was granted
Why I gave the ratings I did:
The reason I gave them the marks I did was cause of the way acted all the way through the process , very helpful
One thing they did - which really impressed me:
Assurances by the adviser
One thing they did - which I felt could be improved:
Nothing 
Other points
Retired and I have learnt only buy things that you can afford. The dividend was 11p in the £ and around £27,000 will be written off

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Reviewer quotes

  • ClearDebt
sorted out the final payment with my creditors rather than having to face bankruptcy
Review from Paul W, 07-Apr-2009
everything
Review from ivas4us, 02-Jun-2009
The speed in which the IVA was accepted.
Review from Neil, 16-Oct-2007
stopped all the creditors ringing me/writing to me
Review from 11958/MH, 24-Sep-2011
Everything
Review from AnnieB, 30-Sep-2010

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Last 5 comments(for Reviews)

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  • Dear MRS 12, I'm concerned to read your comments on your time with Freeman Jones. Clearly this is no...
  • I am currently in an IVA where Greg Mullarkey is the IP - I find him very rude and unapproachable. ...
  • Sounds like it could of been written by a member of their staff
  • Thank you for this detailed review. I am also a teacher and have also found myself in a position wh...
  • I can totally relate and agree with you on this. They will take far to much than you can afford and ...

See all 1452 comments

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