Many lenders will try and keep (offset) any refund due to your past IVA or Trust Deed. We are aware of people using Claims Management Companies (CMC’s) that don’t fully understand IVA’s and Trust Deeds and receiving an invoice for fees that have been offset by the lender.
We work on a “No Win and Receive-No Fee” basis, so you only pay fees on refunds you actually receive.
Our fees are 25% plus VAT of the amount you are awarded.
For example an award of £1,000 would have a fee of £250 and we have to charge £50 VAT (at the current rate of 20%) which we pass on to the Government, which leaves you with £700.