Review from Mike E. (1130 views)
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| Review of: Tony Freeman & Company |
| Review date: 31 January 2007 |
| Insolvency Practitioner who handled case: Bala Rawal |
| 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: 2 weeks |
| Weeks to IVA accepted/rejected after decision made: 7 weeks |
| IVA Company Ratings | |
| Their debt solutions expertise: | 9 out of 10 |
| Their customer service: | 10 out of 10 |
| Their speed of response: | 10 out of 10 |
| Overall Company Rating: | 9 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: |
| Sales manager with family. 60K debt. Property with £35k Equity |
| My interaction with the company: |
| Following my initial phone call I met with the IP for nearly 2 hours to fully discuss my financial situation both past, current and possible future scenarios. All options were clearly explained and discussed. I was advised to think things over before making a decision. 48 hours later I asked them to proceed with IVA proposal<br> This was accepted by my creditors and has now been successfully completed. |
| Why I gave the ratings I did: |
| From the outset the IP was friendly and non judgemental. Always felt she was working in my interest and that she had a lot of experience. |
| One thing they did - which really impressed me: |
| The IP successfully proposed that a fixed amount of equity would be introduced in year 4 - not a variable amount subject to any property revaluation. <br> The IP was ALWAYS available to provide advice throughout the currency of the IVA. |
| One thing they did - which I felt could be improved: |
| Other points |
| Successfully completed IVA - after 4 years following introduction of some equity from property. Final dividend of 34p.I do not know if the terms of my own IVA would be accepted by creditors in the current climate. Only enter an IVA if you are CERTAIN that you can see it through I.E you are confident in your income stream and with raising the amount of any lump sum that may be required at some stage. |
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Reviewer quotes
- Tony Freeman & Company
|
The IP successfully proposed that a fixed amount of equity would be introduced in year 4 - not a var...
Review from Mike E., 31-Jan-2007 |
|
No upfront fee asked for except a nominal amount for a bond
Review from neverending, 04-Jan-2007 |
|
Nothing.
Review from EdT, 30-Jun-2008 |
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