Letter Of Debt Recovery Company

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Nikdav2713

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Post by Nikdav2713 » Tue Mar 31, 2015 9:45 am
Hi, Just after a little advise Please? I am ready and set to start paying my IVA (1st payment on the 1st April) and yesterday i received a letter of a debt company saying they had brought the debt from one of my creditors that agreed to my IVA at the creditors meeting at the beginning of March. Do i just ignore this letter?
N M Yates
 
 

Foggy

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Post by Foggy » Tue Mar 31, 2015 9:49 am
It's just a courtesy letter, pass it on to your IP -- the new creditor is bound by the IVA.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Nikdav2713

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Post by Nikdav2713 » Tue Mar 31, 2015 11:13 am
Thanks for your reply foggy, so just to confirm its nothing to worry about and i dont owe someone else money i havent got?
N M Yates
 
 

Foggy

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Post by Foggy » Tue Mar 31, 2015 11:19 am
It's nothing to worry about. Our debts get sold on all the time (often without the courtesy of being told). They might not be aware that you are in an IVA, but your IP will put them straight.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Shining

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Post by Shining » Tue Mar 31, 2015 12:22 pm
A good idea to pass it over to your IP. Even in the IVA I used to get a few statements and always passed them over. As Foggy says they're bound by the T&C's of the IVA so all is good. Good luck with your IVA hope it runs smoothly for you.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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