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Posted: Fri Apr 13, 2012 1:04 am
by chris135281
My father has offered me a sum as F&F settlement of my IVA. DFD have said that this is a reasonable amount to offer and are willing to hold a creditors meeting, BUT......DFD are now telling me that they wont organise one until the HMRC issue is closed. It seems that DFD are using this as an excuse to keep me paying more payments when I have the F&F amount waiting to pay the IVA off. Why are other people still able to close out their IVA's and not me??
Posted: Fri Apr 13, 2012 2:10 am
by MelanieGiles
I don't see why the VAT issue would stop your IP putting forward your offer of full and final settlement, but they may decide not to close your case until they receive their VAT refund. Try speaking directly to the IP if you wish to get clarity on this from the horse's mouth.
Posted: Fri Apr 13, 2012 6:46 am
by vince666
If they try telling you this is anything other than internal policy, i.e regulatory guidance and industry wide, then this is not true. Remind them of their obligation to be transparent under the IPA Ethics Code for Members.
Posted: Fri Apr 13, 2012 7:27 am
by Chris78
In another thread, I believe that the OP had said to their IP that any payments made in the meantime would be deducted from the F&F. Is this possible?
Posted: Sat Apr 14, 2012 12:04 am
by morgan105
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Chris78
In another thread, I believe that the OP had said to their IP that any payments made in the meantime would be deducted from the F&F. Is this possible?
That may have been me that said it, it's what I did with no problems.
Posted: Tue Apr 17, 2012 3:40 pm
by Declan at DebtFreeDirect
Hi Chris
I responded to your email earlier today with an update. Hopefully this should help some bit.
Thanks