Debt Doctor gone bust

The reality is no matter what the type or size of debt nobody should ever go anywhere else other than CAB. It is a charity set up in the interests of the public. It is independent and even the least trained adviser has gone through 10 months of training. You will never be asked for fees and advice covers every facet of life.
I know many of the London ones are too busy but out here in Hampshire/Surrey it's possible to get passported to full on casework where all your problems will be dealt with.
The courts trust CAB implicitly as do FSA,OFT, HMRC,HMCS etc.
In short don't waste your money on liars and cheats.

Here is an interesting item about the massive negative balance sheet of Debt Dr

IVA Blog | debtDr ceases trading

the post linked to Debt Management today who look like the worst sort of lying scum imaginable,in my opinion.
why would they be getting paid to look after your debts? that makes no sense.
All of these people are intermediaries to insolvency practititioners,they are just sales people. They have no morals and all they want is their big fat commissions at your expense. Debt Doctor is the tip of the iceberg,as one after another these scumbags will disappear with other peoples money.
Citizens Advice works in your interests for free. It is an independent charity with 70 years' history-anyone care to challenge that?
Never ever go anywhere for debt advice until CAB have been consulted.
You may not like what you hear,and then you can choose to pay some dickwad who will make all the right noises while robbing you,and failing to sort out your debts. All paths to debt resolution can be handled by CAB who have no profit motivation. Please learn this.

This helps no one. CAB do not have the time to deal with people with large debts, many creditors. As everything in life, if you wanted service you pay. The CAB would not of negotiated F and F settlement. This was best for Ruby. (In her situation). It needs now to be persued through the correct channels.

GUYS how can you be entered into an IVA (this is a common example) and you pay $7000 (pounds) in fees over the 5 years.... the IP is been paid for the first 18 months. (debts. on repayments) Who helps? Ruby had many creditors, its shallow to say the CAB would help. I just want Ruby to be OK.

regards Guys.

X

Surey, if you are so informed WHY if you are so informed why do you not the Lady!?

I'd be very happy to help out but when people are so vulnerable they seek solace in misplaced kind words. CAB will deal with any size of debts and frankly in this case your options are limited,so very easy to do-free of charge,or pass you on for IVA with CCCS who are a charity. ALL the paid for 'debt doctors' are idiots who have only one aim-to get more money out of YOU!
You have to face your own demons and stop pretending the debt doctors will make them go away.
Should your local CAB be too busy you can always try one out of town,which has the time for you.
Let's be clear it would take 5 minutes to sort out the best debt solution-that's all there is to it.
Do not belive the lies of the debt industry,CAB will always help or put you on track to help yourself-however if you don't want to help yourself you are just going to be ripped off.

CAB do not offer the service, thats why RUBY used a debt solutions company, albeit you pay. The guys let her down, thats why it should now be taken through the correct channels.


Windlesham1 you really have no idea what you are talking about.

EXAMPLE:

If you had debts of over $100.000 with 20 different creditors, the CAB will not write to everyone offering a Full and Final settlement every couple of weeks. As I said before you get nothing in this life, just unfortunate company went bust. I am personally looking into this case and contacting Ruby through PM. If you do not know what your talking about SHUT UP!!! You help no one.

CAB, Debt advisory council are great if you only have a few ceditors, but the reality is there are so many people requiring help they can not provide the levl of service needed, THATS WHY PEOPLE USE OUT SOURCED COMPANIES.

Instead of communicating your wisdom through a forum why do you not get yourself on a 10 month training course and BLOODY HELP!!!!

Dear Me!!!!!!

BUMP, come on Windlesham1, got to jump in the shower, got a 12 hour shift today!!

I don't know who you are but clearly you know nothing about managing peoples debts. You do not offer full and final settlement every other week. that is not even on the creditors radar.
I have 5 years' experience of handling debts for people and will say no more other than the lying scum who take money pretending they can handle debts should be in prison.
Want to know why CAB is so busy? Because bureaux so many clients whose debt plans have failed.
You need to stop insulting people you ignorant worthless individual.
Here's the reality- people do not want to own up to their position,but of course they end up with CAB, the correct legal free service,while you snake oil sales people pretend you know what you are doing.
A CAB caseworker I know has one client with 22 credit cards on top of loans, overdrafts, mortgage arrears,and utility arrears. All being handled. Debt is a bit more than writing letters for

It it really is in a client account then you should be able to request the bank holding it to release it you.

Do you know which one it is? If so write to them making the request.

If its not in a client account and you have written proof that they mislead you, then you can take action against the directors - problem is that they might also be bankrupt or have no money themselves in which case you are not going to see your money back anytime soon. Its also not going to be cheap to pursue a matter like this.