Review from RayBrb (280 views)
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|Review of: Debt Lifeboat|
|Review date: 25 March 2012|
|Insolvency Practitioner who handled case: philip Allen|
|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: 2 weeks|
|Weeks to IVA accepted/rejected after decision made: 6 weeks|
|IVA Company Ratings|
|Their debt solutions expertise:||6 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:||9 out of 10|
|Overall Insolvency Practitioner Rating:||9 out of 10|
|Was self employed,last minute withdrawal of contract caused business to failwith heavy debts heavy debts and empty order book, found myself 77,500 in debt unable to trade as that meant payment protection would be withdrawn|
|My interaction with the company:|
|When you are up to your backside in Crocodiles it is difficult to concentrate on draining the swamp, Debt Lifeboat kept the creditors off my back until the hearing giving me time to reorganise my life, gave me a definite start date, end date and monthly target i could aford, fairly reviwed annualy|
|Why I gave the ratings I did:|
|I rated them 9 out of 10 simply because, though every month was a struggle they were fair to me and my creditors and in moments of crises such as when the car expired, they were helpful and reasonable keeping me on track but giving me leeway to deal with the crises|
|One thing they did - which really impressed me:|
|iRefer to the car crises already mentioned above|
|One thing they did - which I felt could be improved:|
|In mid course they tried to change to direct debit which for a self employed person with no capital or credit is dangerous waters, though to be fair they did not pressure me when i did not respond to it|
|I am now discharged having paid a dividend of 24.75p in the pound and having some Ã‚Â£58,300 written off, I owe nobody anything and have established a smaller more comfortable business with my eggs scattered across many smaller baskets and no credit|
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