18 Months in and starting to get letters

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iva100

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Post by iva100 » Fri Jul 10, 2009 10:19 pm
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Im 18 months in my iva and have within the last 2 months recieved :-

3 letters from northern rock
4 letters from welcome finance

I have spoken to them both and told them that they should be aware that im in an iva and have agreed to stop correspondance with me.

However they say due to a new law they can send me statements telling me that im in arrears and how much i owe.

IS THIS TRUE ??????
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kallis3

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Post by kallis3 » Fri Jul 10, 2009 10:24 pm
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Yes it is.

They are obliged to send a statement at least once a year. You can ignore it.
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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MRBLUESKY

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Post by MRBLUESKY » Fri Jul 10, 2009 10:53 pm
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when did this new law start.
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merrypotter

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Post by merrypotter » Fri Jul 10, 2009 11:22 pm
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NR hve sent me statements throughout my IVA
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kallis3

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Post by kallis3 » Sat Jul 11, 2009 8:55 am
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Lasr October I believe.

Mind you, I've yet to receive one.
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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Adam16

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Post by Adam16 » Sat Jul 11, 2009 4:12 pm
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Strange I recieved a statement from blackhorse today.

Also got a strange letter of the Natwest. Which bascially told me I was arrears but that they were aware of my "payment plan", but they would still be telling me every six months how much I was in arrears by??
Last edited by Adam16 on Sat Jul 11, 2009 4:13 pm, edited 1 time in total.
50 months down 22 to go!
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kallis3

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Post by kallis3 » Sat Jul 11, 2009 4:50 pm
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Obviously the same sort of thing.

Nothing to worry about.
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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angelrainbow

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Post by angelrainbow » Sat Jul 11, 2009 5:10 pm
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Interesting, I won't worry when and if they start coming.
Mr AR still gets a monthly text from Egg with his balance, kinda funny really.
Completion Certificate received September 2012.
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kallis3

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Post by kallis3 » Sat Jul 11, 2009 5:34 pm
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They can only claim the balance as at the start of the IVA - nothing else.
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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ricbro

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Post by ricbro » Sat Jul 11, 2009 8:03 pm
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I get regular letters from MBNA. I just collect them and send to my IP.
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