FF accepted next steps

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Kevin43

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Post by Kevin43 » Tue Nov 24, 2015 9:05 pm
Hello Guys,
My FF accepted and the fund has been transferred. what should I expect from IP. I have asked them but advised to wait. Do they ask for payslips n bank statements or carry out credit checks. Finally debt free after 4 yrs.

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Kevin
 
 

luluj

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Post by luluj » Wed Nov 25, 2015 5:17 am
Great to hear that f&f accepted. Once funds received the closure process starts and your iva company will ensure all creditor claims are dealt with appropriately and distribute the funds accordingly. Your credit file will be updated to shw as satisfied but will remain for the 6 years from start date. The insolvency list will be updated once certificate issued and after three months your name will come off the insolvency list.
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kallis3

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Post by kallis3 » Wed Nov 25, 2015 9:14 am
Excellent news and good luck for a debt free future!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
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Lisa Thomas

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Post by Lisa Thomas » Wed Nov 25, 2015 9:24 am
It's bit late for them to do a review of your income now the F&F has been accepted so I suspect they should simply move to agreeing creditor claims, paying the dividend and sending you your CC. They can send outstanding creditors a notice giving them 3 weeks to submit their claims so it shouldn't take too long to close the case but some firms take more than others.
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
 
 

Lisa Thomas

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Post by Lisa Thomas » Wed Nov 25, 2015 9:24 am
PS I forgot to say congratulations!
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
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