www.iva.co.uk

Hi, I've been in my IVA for 15 months and have heard nothing from my creditors. I've just come home to a credit card bill from Halifax demanding full payment of the account.

I am really panicked now! What do I do?

Hi Poppy

I would send the bill to IV and ask them to deal with it.

Try not to worry easier said than done I know

Jan

Don't panic.

2 things you can do ... either

ring the customer services number on the statement and explain the situation; or

speak to your IP on Monday and ask them to contact the Halifax.

I suspect it might be something to do with the recent merger and they've done a statement run. Just a hunch, though may be wrong. There should be nothing to worry about on your part though!

There's one or two banks done that this week.

Either send it to your IP or shred it.

They can't touch you, you are covered by your IVA.

Hi
One thing's for sure you have nothing to worry about.
Regards

I've had 2 this week from Halifax and Bank of Scotland. I rang them both and reminded them about the IVA and they backed off - I'm sure they are all trying to scare people sometimes but now I'm well into the IVA I don't worry anymore!

Thanks guys. It seems im not the only one getting them. It certainly scared me and i got that sick feeling looking at the bill that i havent had for 15 months. Il give them a call tomorrow and then send to my ip.

New leglislation introduced under the Consumer Credit Act with effect from 1 October 2008, have introduced the need for lenders to provide their customers with information on a regular basis. It is not yet certain how this will effect customers who are subject to insolvency proceedings, but this may include the provision of ongoing statement which can safely be ignored.

Yes I read somewhere that this new regulation requires banks etc to forward once a year details of what is owed - daft in my opinion if you are in an IVA - needs to be looked at by the OFT - on my radar!