RECLAIM REPOSSESSION COSTS - ALL CHARGES REPAID !
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OFFICIAL NEWS ......
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The Financial Services Authority (FSA) has today announced it has fined GMAC-RFC Limited (GMAC-RFC) £2.8million for failing to treat customers fairly and secured redress of up to £7.7million (plus interest) for over 46,000 mortgage customers.
Between 31 October 2004 and 30 November 2008, a number of serious failings by GMAC-RFC were identified in relation to its dealings with customers experiencing arrears and repossessions.
CLICK HERE to go to the repossession reclaim page
The Financial Services Authority (FSA) has today announced it has fined GMAC-RFC Limited (GMAC-RFC) £2.8million for failing to treat customers fairly and secured redress of up to £7.7million (plus interest) for over 46,000 mortgage customers.
CLICK HERE to go to the repossession reclaim page
Reclaim your Repossession !
Iva information
When debtors propose an IVA to their creditors, they offer to re-pay a percentage of the debt via monthly instalments. The sum suggested is based on what the debtor can afford to pay.
This means that the monthly debt re-payments vary on a case-by-case basis. They depend on what assets the debtors have and how much money they have available after their living expenses have been deducted from their monthly income.
However, there does tend to be a minimum amount that creditors will accept as part of the IVA proposal. An IVA is usually rejected if it offers to pay the creditors less than 20-25% of what they were originally owed.
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