We have been in an IVA with Varden Nuttall for 36 months and due to an inheritance we can now pay off in full our IVA , we are concerned as Varden Nuttall have gone into administration , how will that affect us paying it off in full.
They do have administrators in so you may need to contact them.
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.
Bob Marley. http://kallis3.blogs.iva.co.uk
You arrangement should have a new Supervisor appointed and will carry on as before, so you would account for the inheritance to the new IP.
Hopefully the administrators are sorting everything out as we speak.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
