what happens if a company that is managing iva goes into liquidation.what happens to the money then.also what happens if a company has been paid up in full but then doesnt pay your creditors and goes bust.
What usually happens is that another company takes over the existing clients.
The money is quite safe as it is held in a different account and your creditors will be paid.
Don't worry.
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
