letter from the 'IVA Council'

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curlysuzy

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Post by curlysuzy » Wed Mar 05, 2008 10:24 pm
My son has received a letter from the 'IVA Council' stating that they have noticed some anomalies with his IVA details and advising him that he may have been 'mis-sold' his IVA through Grant Thornton. I must admit that they have not been entirely efficient in their dealings with his situation but we are not sure whether he should contact this organisation and don't know whether indeed they are what they claim to be...you can never be too sure these days! Could you advise please and any information that may be helpful would be much appreciated. Thanks
 
 

MelanieGiles

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Post by MelanieGiles » Wed Mar 05, 2008 10:28 pm
Hi curlysuzy and welcome to the forum

If your son is not happy with his IVA, his first port of call should be to discuss this with his Supervisor, and not a firm who are mailshotting everyone on the IVA register - despite giving me personal assurances that they would no longer tell people to stop paying their IVA contributions.

To suggest that a firm as reputable as Grant Thornton may have mis-sold an IVA is barking mad in my opinion.
Regards, Melanie Giles, Insolvency Practitioner
 
 

Adam Davies

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Post by Adam Davies » Wed Mar 05, 2008 10:29 pm
Hi
Well done to you for seeking advice before contacting this company.
The IVAC are basically a front for UK bankruptcy who will charge your son in excess of £1000 to 'help' him declare bankruptcy.
GT are a bona fide company who would not knowingly miss sell an IVA.
As your son is relatively happy with his IVA I would just ignore the letter,the IVAC target various IVA providers from time to time and this month it seems to be GT
Regards
Andam Davies
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