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Posted: Thu May 31, 2007 5:19 pm
by simon.b
I'm in the process of cancelling my direct debits a few days before each one is due as I'm looking towards either a Full & Final Settlement IVA or Bankruptcy. Should I however, write to each creditor around the same time to explain my situation? Would this be advantagous to me in any way?
Posted: Thu May 31, 2007 5:26 pm
by MelanieGiles
Hi Simon
It will do you no harm, and might even buy a bit of goodwill from the creditors for being co-operative and keeping them informed.
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