Review from Al (215 views)

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Review of: Debt Lifeboat
Review date: 29 April 2012
Insolvency Practitioner who handled case: Phillip 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: 14 days
Weeks to IVA proposal after decision made: 2 weeks
Weeks to IVA accepted/rejected after decision made: 4 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:
We have had several unsecured debts totalling of £47 000 and basiclly our debts were spiralling out of control.<br> We were both full time in employment and also we owned a property with very little of equity.<br> Iva is now finished and we have paid totalling 9,400 and rest of the debt was wiped off <br>
My interaction with the company:
They were very professional,helpful and they were always available to give us advice even in a difficult time.<br> Very quick response to all our emails and letters.<br>
Why I gave the ratings I did:
I felt completely at ease with them, no judgement through out whole 6 years.
One thing they did - which really impressed me:
Giving us support through whole 6 years and reminding us that there is light at the end of the tunnel.Even now that Iva is finished still we were told if we got and problem with our creditor to contacted them and they will resolve problems with them.
One thing they did - which I felt could be improved:
Nothing 
Other points
We have learnt to budget better and prove to us self that we do not need loans or credit card so we live now with in our means.<br> We have had unsecured debts amounted to over £47,000, and that dividends of 20.12 pence in the pound were paid, totalling over £9,400.<br> Its a great feeling being with out debts!!<br> <br> <br>

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Reviewer quotes

  • Debt Lifeboat
iRefer to the car crises already mentioned above
Review from RayBrb, 25-Mar-2012
having someone available when i needed them ...
Review from phil, 28-Jun-2010
excepted us for a iva and at the beginning i was still getting hassle from some of my debitors but l...
Review from mummie23, 04-Apr-2012
their understanding of our situation.
Review from darren v, 12-Dec-2011
Outstanding service
Review from worrywart, 05-May-2010

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