What affect will company going into administration have on my IVA ?

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Mary.40

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Post by Mary.40 » Tue Jun 14, 2016 7:22 pm
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I have just found out that IVA company went into administration on the 24th March; what effect will this have on my IVA ?
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Foggy

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Post by Foggy » Tue Jun 14, 2016 7:30 pm
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Apart from slowing things down for a few months, it should have little effect. A new IP will be appointed in due course.
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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lifenoteasy

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Post by lifenoteasy » Tue Jun 14, 2016 7:57 pm
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I'm assuming this is varden nuttall - looks like the administrators are becoming the ips and taking on the caseload.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
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size5

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Post by size5 » Wed Jun 15, 2016 9:36 am
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Further info can be found here http://debtcamel.co.uk/varden-nuttall-i ... istration/

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