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hi, i have a plan with debt help & advice ltd who have gone into administration, i have nearly £4,600 in my pot, what happens now?
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They owe you or you owe them please?
i have been paying £200 a month to debt help & advice to sort out a debt with hsbc. they challenge the debt owed to hsbc & try to settle at 50%. when the pot is big enough they pay the money to clear the debt, currently i am about 7 payments away from the debt being cleared.Now they have gone into administration will i get my money back or will it be payed to hsbc,
debt help & advice ltd are a debt reduction company not debt management,look online at their advert.
Ok - any payments you made should be safe and your creditors should honour thouse.
* those *
As long as you have proof then you should continue to make the payments to your creditors with proof, if they ask for it, of the payments.
They should then accept this
It is for them to make claims to the Administrator of the Company, not you
Can I clarify anything for you about this today please?