We have completed our IVA. Do we have to do anything about letters from asset link capital ?

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Peterdh67

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Post by Peterdh67 » Tue Jul 19, 2016 9:49 pm
We completed our Iva about 18 months ago. To day we had letters from asset link capital saying they had brought our accounts from the bank of Scotland. I was wondering what this meant and if we needed to do anything
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kallis3

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Post by kallis3 » Tue Jul 19, 2016 10:12 pm
Hi and welcome.

If you have had your completion letter then they can do nothing - they would have been included in the IVA.

Send a copy of your completion letter to the data controller there and also get in touch with your IP and ask them to help out.
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
 
 

Foggy

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Post by Foggy » Wed Jul 20, 2016 9:20 am
Hi. A lot of lenders sell on bad debt in auction type "lots" and the buyer will be unaware of the exact status, but willing to take the risk due to the low price they are paying ( often pennies in the pound) --- the same principle as buying warehouse return pallets for resale -- some you win, some you lose.

Some will try to get payment anyway, sometimes still not realising the IVA exists. A few can be quite a pain !

Send them a copy of your Chairman's Report, which will show the debt in the IVA, along with a copy of the Completion Certificate, and they should catch on.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Lisa Thomas

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Post by Lisa Thomas » Wed Jul 20, 2016 9:39 am
Send them your CC. Suggest you also look at and tidy up your credit rating in case any other debts/defaults etc are still showing on there.

You might find this quick video I made about cleaning up your credit record useful:

https://www.youtube.com/watch?v=PV4RzUY4BRM

Noddle and Clearscore are also free credit agencies to consider using:

https://www.noddle.co.uk/
https://www.clearscore.com/
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
 
 

Goosed

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Post by Goosed » Wed Jul 20, 2016 11:15 am
DCAs chasing peolple for debts years after their IVAs have finished seems to be coming more and more common.

How are they able to buy `debts` that supposedly no longer exist due to the fact that they were settled via an IVA???

People shouldn`t have to be dealing with c##p like this years after they thought they had solved their debt problems by meeting all legal obligations after undertaking their 5 to six year IVAs.

If you search the web you will see many forums littered with people facing similar issues and a lot of people are being chased by unscrupulous, underhanded DCAs who try all sorts of dirty,unethical, even illegal methods to try and scare people into paying.
"When the seagulls follow the trawler, it is because they think sardines will be thrown into the sea".

Eric Cantona
 
 

kallis3

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Post by kallis3 » Wed Jul 20, 2016 11:36 am
Thankfully we haven't had any of those (yet!) but I'm afraid they wouldn't bully me and would be told to take me to court and I'll make you look a fool!
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
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