• Welcome to the LegalBeagles Consumer and Legal Forum. If this is your first visit to LegalBeagles and you need assistance then you can ask a question here;
    Create a Thread
    Please Register to get the most out of the forum. Registration is free and only needs a username and email address.
    REGISTER
    Please do not post your full name, reference numbers or any identifiable details on the forum.

Moneysolve

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Moneysolve

    Hi could you help me..i am trying to find out if moneysolve are legally able to help with an IVA as i cant find them in the ministry of justice site they have no license number ...beginning to wonder if they are an agent of some kind already paid them 1200 for me and my OH any advise ??
    Last edited by Lady chanel; 23rd August 2009, 18:17:PM.

  • #2
    Re: Debt purchasing and assignment

    I have just fed in Moneysolve into the the search at MOJ http://www.claimsregulation.gov.uk/search.aspx and I could not find them as being authorised.

    My suggestion is to call the MOJ tomorrow and confirm that as if they need authorisation they could be trading ilegally.

    Tuttsi

    Comment


    • #3
      Re: Debt purchasing and assignment

      Would this be them, found this on Companies House site

      Name & Registered Office:
      MONEYSOLVE LIMITED
      ASTUTE HOUSE
      WILMSLOW ROAD
      HANDFORTH
      CHESHIRE
      SK9 3HP
      Company No. 05717018


      Status: Active
      Date of Incorporation: 21/02/2006

      Country of Origin: United Kingdom
      Company Type: Private Limited Company
      Nature of Business (SIC(03)):
      9999 - Dormant Company
      Accounting Reference Date: 28/02
      Last Accounts Made Up To: 28/02/2009 (DORMANT)
      Next Accounts Due: 30/11/2010
      Last Return Made Up To: 21/02/2009
      Next Return Due: 21/03/2010

      Comment


      • #4
        Re: Debt purchasing and assignment

        Originally posted by sapphire View Post
        Would this be them, found this on Companies House site

        Name & Registered Office:
        MONEYSOLVE LIMITED
        ASTUTE HOUSE
        WILMSLOW ROAD
        HANDFORTH
        CHESHIRE
        SK9 3HP
        Company No. 05717018

        Status: Active
        Date of Incorporation: 21/02/2006

        Country of Origin: United Kingdom
        Company Type: Private Limited Company
        Nature of Business (SIC(03)):
        9999 - Dormant Company
        Accounting Reference Date: 28/02
        Last Accounts Made Up To: 28/02/2009 (DORMANT)
        Next Accounts Due: 30/11/2010
        Last Return Made Up To: 21/02/2009
        Next Return Due: 21/03/2010

        They were dormant at 28/2/09?

        AA13/07/2009ACCOUNTS OF DORMANT COMPANY MADE UP TO 28/02/09
        363a09/04/2009RETURN MADE UP TO 21/02/09; FULL LIST OF MEMBERS
        AA03/10/2008ACCOUNTS OF DORMANT COMPANY MADE UP TO 28/02/08
        363a26/08/2008RETURN MADE UP TO 21/02/08; FULL LIST OF MEMBERS
        28719/02/2008REGISTERED OFFICE CHANGED ON 19/02/08 FROM:
        25 ST JOHNS STREET
        MANCHESTER
        M3 4DT
        AA24/05/2007ACCOUNTS OF DORMANT COMPANY MADE UP TO 28/02/07
        363a19/03/2007RETURN MADE UP TO 21/02/07; FULL LIST OF MEMBERS
        288a12/09/2006NEW SECRETARY APPOINTED
        288a12/09/2006NEW DIRECTOR APPOINTED
        288b23/02/2006SECRETARY RESIGNED
        288b23/02/2006DIRECTOR RESIGNED
        NEWINC21/02/2006INCORPORATION DOCUMENTS
        CERTIFICATE OF INCORPORATION
        STATEMENT OF DIRECTORS & REGISTERED OFFICE
        DECLARATION OF COMPLIANCE
        MEMORANDUM OF ASSOCIATION
        ARTICLES OF ASSOCIATION

        Comment


        • #5
          Re: Moneysolve

          Looks like they are recruiting

          Free Debt Management and Debt Consolidation advice from Moneysolve

          They are well qualified

          About MoneySolve The IVA Specialists - IVA, IVAs, Individual Voluntary Arrangement, Debt Management & Free IVA Advice

          Think this is them again

          About Us | Business Solutions | Beesley and Company Insolvency Practitioners

          Comment


          • #6
            Re: Moneysolve

            MoneySolve are part of a liquidators (Beesley & co) Mark Beesley is the insolvency practioner does that side (google his name he come up in the gazettes a lot) and his wife - Elizabeth seems to run the debt help side and has the consumer credit licence
            Licence Number:0600458.

            They arent claims managers so don't need authorisation by MOJ.



            Originally posted by OFT
            Some of the claims made about IVAs were considered by the OFT to be in breach of its guidance for consumer credit licence holders engaged in the provision of debt management services, including IVAs. The businesses have been warned to take immediate action to remove or amend a number of potentially misleading statements in order to comply with the OFT's guidance, examples of such statements including:
            • falsely claiming that 'up to 90 per cent of your debt may be written off' when the maximum would be in the region of 60 – 70 per cent
            • falsely implying they can guarantee a favourable outcome by the use of such phrases as 'stop all interest and charges'
            • failing to state that set-up and administrative fees will be required and will be taken out of payments before the creditors receive any payment
            • failing to display the required warnings with the same prominence as the savings promised
            • failing to state that homeowners may be required to re-mortgage their properties after 3 years
            • failing to state that entering into an IVA also affects an individual's credit rating for six years.
            We may not win by protesting, but if we don't protest we will lose. If we stand up to them, there is always a chance we will win. Hetty Bower

            Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

            Received a Court Claim? Read >>>>> First Steps

            If we have helped you we'd appreciate it if you can leave a review on our Trust Pilot page

            Find Solicitors offering fixed fees on our sister site - JustBeagle.com

            Comment


            • #7
              Re: Moneysolve

              This is the cherry for the referers

              Referral Fee’s
              • Debt management…. 50% of first payment & 50% of second payment.
              • IVA’s 600 per completed case

              Should imagine 600 is a fair old incentive to push their clients for IVA
              and if the referrer gets that wonder how much the firm will take?

              Comment


              • #8
                Re: Moneysolve

                Part of an IVA proposal shows what money will be taken and where it will go. It is a legal requirement the Insolvency Practitioner lists exactly what money is going where. Bottom line is though, does it really matter? If you owe 30k and are paying 200 a month over 60 months to clear it, do you really care where the 12k you are spending goes as long as your debt is clear?

                As a guide if it helps you, a lower level IVA such as the example i provided normally sees fees for the insolvency practise of about 2500 to 3500.

                Comment


                • #9
                  Re: Moneysolve

                  I was struck by PeteHolden joining and making one single post on a 2009 thread!

                  Google always helps solve a puzzle lol:

                  Peter Holden

                  Bankruptcy Manager at NTF Bankruptcy SolutionsStockport, United Kingdom | Financial ServicesCurrent:Bankruptcy Manager at NTF Financial Solutions Ltd, Consultant at Debt Start to finishPast:Consultant at Debt Xperts, Sales Manager at Money Solve, IVA advisor at Harrington Brooks, IVA Team Leader at London Scottish Bank, Senior IVA ad...Education:The Manchester Metropolitan University, king edward vii

                  Last edited by Celestine; 28th September 2012, 15:48:PM.
                  "Although scalar fields are Lorentz scalars, they may transform nontrivially under other symmetries, such as flavour or isospin. For example, the pion is invariant under the restricted Lorentz group, but is an isospin triplet (meaning it transforms like a three component vector under the SU(2) isospin symmetry). Furthermore, it picks up a negative phase under parity inversion, so it transforms nontrivially under the full Lorentz group; such particles are called pseudoscalar rather than scalar. Most mesons are pseudoscalar particles." (finally explained to a captivated Celestine by Professor Brian Cox on Wednesday 27th June 2012 )

                  I am proud to have co-founded LegalBeagles in 2007

                  Comment


                  • #10
                    Re: Moneysolve

                    Originally posted by peteholden View Post
                    Part of an IVA proposal shows what money will be taken and where it will go. It is a legal requirement the Insolvency Practitioner lists exactly what money is going where. Bottom line is though, does it really matter? If you owe 30k and are paying 200 a month over 60 months to clear it, do you really care where the 12k you are spending goes as long as your debt is clear?

                    As a guide if it helps you, a lower level IVA such as the example i provided normally sees fees for the insolvency practise of about 2500 to 3500.
                    Hi

                    Stunning stuff this, just about sums up some of these profit making companies and I bet will go down an absolute bomb with others in the fee charging and IVA industry.

                    Keep these comments coming pete - we dont need to make a case when stuff like this is posted.

                    By the way I saw someone earlier this week with a failed IVA (bag full of paperwork brought in) - I think she has paid somewhere in the region of 7000 into it and guess what, she is back at square one (minus the 7000 of course) she will likely now be going bankrupt which looks to have been the best option at the outset in this particular case.

                    Not the IVA company helping her now though, I wonder why

                    Maybe I should point her to this post
                    Last edited by Latch Key Kid; 27th September 2012, 11:14:AM.

                    Comment


                    • #11
                      Re: Moneysolve

                      Originally posted by Celestine View Post
                      I was struck by PeteHolden joining and making one single post on a 2009 thread!

                      Google always helps solve a puzzle lol:

                      Peter Holden

                      Bankruptcy Manager at NTF Bankruptcy SolutionsStockport, United Kingdom | Financial ServicesCurrent:Bankruptcy Manager at NTF Financial Solutions Ltd, Consultant at Debt Start to finishPast:Consultant at Debt Xperts, Sales Manager at Money Solve, IVA advisor at Harrington Brooks, IVA Team Leader at London Scottish Bank, Senior IVA ad...Education:The Manchester Metropolitan University, king edward vii

                      Hi Celestine

                      I see HB get a mention above, so I thought in the context of this thread the job advert link below might be of interest or for a laugh maybe

                      Debt Management Sales Advisor - IVA Sales Advisor - Telesales Advisor

                      http://www.totaljobs.com/JobSearch/J...JobId=54718238

                      So this is what they call proper independent, impartial debt advice from qualified advisers, I mean just look at the job title description never mind the rest

                      People can make their own minds up....me, well...Im still on the floor with laughter

                      Watcha say Pete?
                      Last edited by Latch Key Kid; 20th October 2012, 09:09:AM.

                      Comment


                      • #12
                        Re: Moneysolve

                        Unbelievabale. Mr Holden, what can I say? There are so many excellent FREE sources of debt advice, many of whom can sort out IVA's.

                        Can I ask, if you dare to show your face again, does that mean your company gets between 2.5-3.5K for each IVA? If so, how many do you do in an average week? I might take a look at your company accounts, they may be revealing.

                        Wow! Easy money at the expense of other's misery. If you have a dictionary, can I suggest you look up the word 'morals.'
                        Last edited by labman; 20th October 2012, 09:31:AM.

                        Comment


                        • #13
                          Re: Moneysolve

                          Hi Labman

                          Yes indeed, and HB are DEMSA members with the OFT logo and all that are they not?

                          Look at the job spec where it says objection handling experience is essential!!!!

                          Its an incredible advert if you ask me, anyone got a tape measure?

                          Comment


                          • #14
                            To update and confirm - MoneySolve are authorised by the FCA https://register.fca.org.uk/ShPo_Fir...000000h6JKUAA2 ( 26/06/2017 ref 660242 ) and were previously authorised under the OFT interim permissions ref 637827
                            We may not win by protesting, but if we don't protest we will lose. If we stand up to them, there is always a chance we will win. Hetty Bower

                            Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

                            Received a Court Claim? Read >>>>> First Steps

                            If we have helped you we'd appreciate it if you can leave a review on our Trust Pilot page

                            Find Solicitors offering fixed fees on our sister site - JustBeagle.com

                            Comment


                            • #15
                              old thread???

                              Comment

                              View our Terms and Conditions

                              LegalBeagles Group uses cookies to enhance your browsing experience and to create a secure and effective website. By using this website, you are consenting to such use.To find out more and learn how to manage cookies please read our Cookie and Privacy Policy.

                              If you would like to opt in, or out, of receiving news and marketing from LegalBeagles Group Ltd you can amend your settings at any time here.


                              If you would like to cancel your registration please Contact Us. We will delete your user details on request, however, any previously posted user content will remain on the site with your username removed and 'Guest' inserted.

                              Announcement

                              Collapse

                              Court Claim ?

                              Guides and Letters
                              Loading...



                              Search and Compare fixed fee legal services and find a solicitor near you.

                              Find a Law Firm


                              Working...
                              X