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rks

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Post by rks » Mon Jul 07, 2014 9:41 am
Hello I have one last payment left in august 2014 with GT , I had my house / mortgage tied with the iva , but does this automatically get removed once my iva finnishes ? do i need to cancel direct debits after last payment ? or do i have to call my mortgage provider ? thanks
 
 

Michael Peoples

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Post by Michael Peoples » Mon Jul 07, 2014 10:19 am
Once the IVA is completed GT will remove the property restriction. If you pay by direct debit these payments should not be called by your IP if the IVA is completed. Speak to them first to confirm all dates are correct and their is nothing left to pay.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
 
 

Adam Davies

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Post by Adam Davies » Mon Jul 07, 2014 11:22 am
Hi

As Michael states it is best to check with GT that your IVA is completed before cancelling any direct debit. They will remove the restriction once your IVA is concluded

Regards
Andam Davies
 
 

rks

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Post by rks » Mon Jul 07, 2014 11:25 am
ok thanks i had got confirmation that
the last payment due is in August 2014 , but is the restriction removed only once a completion certificate is issued ?thanks
 
 

luluj

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Post by luluj » Mon Jul 07, 2014 9:55 pm
I suspect it is all linked as until they complete the full closure process you are still liable
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