Page 1 of 1

Posted: Wed Aug 01, 2007 7:13 pm
by Rogue
Having just started the whole IVA process I feel a little more relaxed about the future.
I have been advised to notify my creditors with notification that I have started the process when I receive a letter from them.
Is there anywhere that has a template or what should be in the letter to make them understand without a 'I'm not paying you' sort of sound?

Many thanks

Paul

Posted: Wed Aug 01, 2007 7:55 pm
by aguise
I would just quote your account number and put
Dear--

Further to your letter. I am writing to inform you that I am having financial difficltys and that I am seeking professional advice. I cannot make any payment at this time and will keep you informed of the situation as it proceeds. I add the following reference number please contact them if you require further information( If you have a company name and reference number, telephone no then add this here)

Yours faithfully.

That is what I would put.
Hope that helps

Ang

Please visit my blog at http://aguise.blogs.iva.co.uk/

Posted: Wed Aug 01, 2007 7:58 pm
by aguise
By the way set it out properly and spell better than I did[:D] and keep a copy and send it recorded that way you know they got it.

Ang

Please visit my blog at http://aguise.blogs.iva.co.uk/

Posted: Wed Aug 01, 2007 11:10 pm
by Rogue
Thanks for the advice
That's what I started to write but thought it was a little sparse.
But will take it on board..
thanks for the help

Posted: Thu Aug 02, 2007 12:28 am
by MelanieGiles
I am a little suprised that your IP firm has not given you any guidance on this point. Ask them to provide you with a copy of their standard letter for you to issue to all of the creditors. This should have been provided to you as part of their engagement procedure.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

Posted: Thu Aug 02, 2007 8:40 am
by Skippy
I was given a template letter by Thomas Charles which I had to copy, address one to each creditor and send it to them along with a copy to Thomas Charles.

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/