Can someone please advise what would happen if i have missed out a creditor in error and forgot to include in my initial list of crditors. Iva is now approved? Do creditors continue to check your credit file once in a iva? I don't really want to mess things up as everything is now in place.
The debt is for £600, which I could kind of pay back in a couple of months as have saved some money when stopped paying creditors.
If the debt was excluded due to a genuine error, then they can be retrospectively included so long as they had a valid claim at the time the IVA was propsed and receive a dividend alongside your other creditors.
Notify your IP who will in turn notify this other creditor who actually is bound by the IVA not withstanding that he never had notice of it.
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
