How to complain when given bad advice
Introduction
The insolvency profession is urgently addressing the activities of a handful of a handful of companies that operate as unregulated advisors or are in breach of debt advice guidelines.
The public should be protected unscrupulous debt advisors by reporting them. Money Advice Direct currently hold dosiers on several organisations that mislead and mis-sells to the public.
If you know of any bad practice in this industry you can now complain about poor advice and adverse experiences:
- R3 - Society of Practitioners of Insolvency
/ The Association of Business Recovery Professionals
badadvice@r3.org.uk - DTI - The Department of Trade and Industry
If you have a complaint about a debt management company then print off this Office of Fair Trading Questionnaire, complete it and return it to them
Click here to download the questionnaire - (requires the Adobe Acrobat Reader)
To download Adobe Reader - Click Here
IVA's
The IVA Guide
Money Advice Direct has put together an IVA Guide based on the enquiries and questions that we receive at our helpline offices.
In the guide we cover such subjects as IVA Approval, early settlment of your IVA, missed IVA payments, IVA failure, additional debt claims and much more.
[click here for IVA Guide]
What is an IVA?
The IVA is an extremely powerful tool enabling you to clear your debt and return to a clean financial bill of health. Visit Money Advice Direct's Guide to Individual Voluntary Arrangements (IVAs).
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DANGER
Due to the tremendous demand for debt consolidation services the United Kingdom is now overloaded with debt management companies that contain misleading information. [more...]