What is the notice period a DMP company has to give clients about a take over ?

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Judith.g

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Post by Judith.g » Fri Jul 18, 2014 10:21 pm
What is the notice period a DMP company to give client about taking over by another company?
 
 

Foggy

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Post by Foggy » Sat Jul 19, 2014 10:04 am
I do not believe there is any stipulated notice period for informing a client of a take over.

DMP's and their providers are very loosely regulated compared to IVA's and, when I was in one I wasn't informed of a change of firm until well after the event.

These things are often commercially sensitive and are kept under wraps until the deed is done, at least.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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