Monday, January 8, 2007
Cowboys regulating cowboys
A cowboy organisation declares itself regulator for the booming IVA market. I would find it difficult to make this up. One nurse from Sheffield, £50,000 in debt, accused a named firm of taking a £500 fee she could ill afford just to refer her to another firm. A Merseyside manager £93,000 in debt said she felt “let down and ripped off” after paying out a non-refundable £1,566 and failing to get an IVA.