www.iva.co.uk

If a debt is sold on, presumably for a lesser amount, does this have any impact on the amount owed through an IVA?? Just wondering...

No, although the debt will be sold on for pennies, you, as debtor, still owe the new owner the original amount (that's how they make their money).

One, possible, upside is, because the new owner has a much smaller outlay to cover, they will be more open to offers later on if you get the chance to make a F&F ---- pure supposition there --- depends upon how greedy they are !

Thanks Foggy.

None at all - all of my debts have been sold on.

How do you know if your debts have been sold on?

You don't necessarily need to, unless the IVA fails and you have to deal with those creditors again, but if an assignment of the debt is made, them the creditor should write to you to inform you of this.

None of my debts are with the original creditors and all wrote to me to inform me of the fact.