Is it possible to move from one IVA company to another ?

Get expert opinion. This is the place for new questions to be posted.
5 posts Page 1 of 1
 
 

Patricia.06

User avatar
Posts: 1
Joined: Tue May 26, 2015 9:06 pm

Post by Patricia.06 » Tue May 26, 2015 9:06 pm
Is it possible to move from one IVA company to another if so, what are the terms and conditions.
 
 

luluj

User avatar
Forum Expert
Posts: 11333
Joined: Sun Dec 09, 2007 6:54 am
Location: United Kingdom

Post by luluj » Tue May 26, 2015 9:24 pm
Welcome to the forum. Once an iva has been agreed it is almost impossible to swap companies. If you are experiencing difficulties with your chosen company I urge you to try and talk them through and overcome any issues ... unless your iva reaches failure point your IP needs to become your new best friend as they will be working for both you and your creditors and you need to have a good relationship.
Last edited by luluj on Fri May 29, 2015 4:33 am, edited 1 time in total.
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"
 
 

Lisa Thomas

User avatar
Industry Expert
Posts: 7759
Joined: Wed Dec 03, 2014 10:26 am

Post by Lisa Thomas » Wed May 27, 2015 11:27 am
Not unless you can convince creditors to throw them out or make a complaint that leads to them being thrown off. If you are having issues with your IP make a formal complaint following their internal procedure and then you can complain here if you need to take it further:
https://www.gov.uk/complain-about-insol ... actitioner
Last edited by Lisa Thomas on Thu May 28, 2015 4:30 pm, edited 1 time in total.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
 
 

Shining

User avatar
Posts: 27019
Joined: Thu Sep 20, 2007 8:57 am
Location:

Post by Shining » Fri May 29, 2015 3:55 am
Hi and welcome to the forum.

Like others say it's not as straightforward as some of us would like. do try and talk it through with your IP if you're not happy and hopefully it can be resolved.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
 
 

Foggy

User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Fri May 29, 2015 4:29 pm
To change firms yourself would involve the courts and could prove expensive.

Might I ask why you are considering this form of action ?
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
5 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”