Review from FM (1138 views)
Review of: Debt Lifeboat
Review date: 04 November 2014
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: 2 days
Weeks to IVA proposal after decision made: 2 weeks
Weeks to IVA accepted/rejected after decision made: 5 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
I was a company director with £125k debts, in 2008 neither I or my business could support this level of debt, I considered bankruptcy but was pointed in the direction of an IVA and Debt Lifeboat
My interaction with the company:
Debt Lifeboat were friendly, professional, prompt to respond and sympathetic to my circumstances.
Why I gave the ratings I did:
I rated Debt Lifeboat as 10/10 because they took away all the pain.
One thing they did - which really impressed me:
Nothing in particular, just a complete 100% professional service.
One thing they did - which I felt could be improved:
Currently I am in full time (non-business) employment, happ and sleep at nights. In the early 2000s I thought debt was sustainable and the way to "buying happiness". I now live within my means and save to buy rather than borrow. The dividend was 52.01/£. Although I take full responsibility I believe lenders did not show due diligence. Also, NEVER borrow on credit cards/personal loans to support a business (Ltd).
Community Comments of this review
No comments of this review received yet
Comment this review
Attention IVA community: Please help us police the quality of the reviews being posted:
Submit a review
IVACOMPARISON.com urgently need your IVA and IP reviews so that we can provide a more accurate representatation of who is doing a good job and who needs to improve. Your reviews will help other people in your situation find the best IVA Firm or IP to talk to. IVACOMPARISON.com will send prizes of gift vouchers to the authors of the best reviews.
We are looking for 3 types of reviews:
- Free advice/consultation from an IVA Firm
Was it impartial? Did they have clear expertise?
- IVA proposals
Was it successful? Were you happy with the service?
- IVAs in progress
How are they handling your case? Is the IVA progressing ok?
Click here to submit a Review
- Find out if an IVA can help you?
- See how much debt you can write off.
- Debt Lifeboat
as i said i couldnt fault them, in constant touch with me throughout
Review from em, 14-Apr-2011
They dealt with everything. Any letters or phone calls from my creditors regarding the debt I passe...
Review from Jo, 09-Mar-2008
there was not just one thing that impressed me about lifeboat everything they did for me impressed m...
Review from madmal, 17-Feb-2010
When my cat was run over and the insurance didnt pay the full bill they called a meeting of my credi...
Review from Catlady, 03-Aug-2010
there honasty and there helpfulness
Review from julie s, 19-Dec-2011
Search for IP/IVA Firm
Last 10 Reviews
Last 5 comments(for Reviews)
Insolvency Advice Articles
Reviews on IVACOMPARISON.com
Very informative with lots of useful information. A lot of reviews on firms that really help understand their customer service and ability. The reviews appear to be genuine as they offer interesting insights. Didn't really use the the map but looks impressive!
The site is a bit cluttered and sometimes hard to navigate around.
A useful site that is free to use and full of useful information about IVAs. If you are thinking of doing an IVA then this is a must use site.