Creditors refused to accept IVA completed

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Jill.59

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Post by Jill.59 » Fri Oct 09, 2015 6:10 am
I finished paying my iva august 2013 no payment missed. however ip did not communicate properly about equity release and creditors meeting held today. I wrote a letter to creditors explaining situation regarding delays and very poor communication but not sure this was presented to them at meeting and creditors refused to accept iva completed. iP have adjourned meeting until 25.10.15. what next?
 
 

Lisa Thomas

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Post by Lisa Thomas » Fri Oct 09, 2015 9:40 am
Make a formal complaint. Firstly complain to them in writing - this was their error, not yours. then depending on reply you can make formal complaint to the Gateway here:

https://www.gov.uk/complain-about-insol ... actitioner

However much will depend on what was to happen with your equity in your proposals and whether you did it. Did you have equity? Should you have extended by a year? You might have breached the IVA (albeit it not known by you) and may have to fix this to get a resolution.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
 
 

mikepapa

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Post by mikepapa » Fri Oct 09, 2015 5:16 pm
hi,, did you receive your completion certificate from your IP & final report ??
Kind Regards, MP

IVA accepted 1st October 2009
 
 

mikepapa

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Post by mikepapa » Fri Oct 09, 2015 5:19 pm
also which company were you with and who was your IP ?
Kind Regards, MP

IVA accepted 1st October 2009
 
 

Adam Davies

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Post by Adam Davies » Fri Oct 09, 2015 6:41 pm
Hi

I would work with your IP and find out what is actually needed to conclude your IVA

Regards
Andam Davies
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