www.iva.co.uk

had a letter from grant thornton a couple of weeks ago asking if i would like a firm of credit experts to try and recover any assets
that were due to me or my iva, i agreed to this but what i dont understand how i can claim money from my creditors when i owe them money and also would i get to keep any small amounts.

The money would be paid into the IVA pot to increase dividends to creditors. It's classed as an asset available to the IVA fund but should only be claimed if it has been mis-sold to you.

If your IVA was proposed under the IVA Protocol, then creditors would have the right to set the claim off against their debts - some are and some are not, so it is worth a try if you feel that you were genuinely mis-sold a product that you did not want or need.