F&F october 2013, waiting for certificate. Are GT holding the money ? Creditor says nothing paid.

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Amandadon22

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Post by Amandadon22 » Fri Jul 25, 2014 3:57 pm
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Hi there, I completed a full and final with GT in October 2013, they said 6 months to certificate! I am still waiting and heard nothing surprise surprise. I got a letter today, just a yearly statement from one of my creditors and it says nothing has been paid at all up to yet. Are GT holding the money?
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Adam Davies

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Post by Adam Davies » Sat Jul 26, 2014 9:51 am
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Hi

GT may hold the money until all claims are in and confirmed
Nothing to be concerned about however you do need to chase for completion

Regards
Andam Davies
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MelanieGiles

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Post by MelanieGiles » Sun Jul 27, 2014 6:40 pm
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It is usual in a full and final based IVA to distribute the monies when you are ready to close the case - but if your IVA was completed in October 2013 I am rather surprised this is all taking so long. Have they given you any idea what is causing the delay?
Regards, Melanie Giles, Insolvency Practitioner
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