www.iva.co.uk

Hi, I made my final payment into my IVA in Feb 13 and the final creditors meeting was scheduled for 19 March to finalise the arrangements. I have just received a letter form my IP telling me that the meeting was adjourned as Barclaycard had transferred my account to a debt collection agency during my IVA and this company are now insisting that they are involved in the decision as to whether my IVA is discharged or not. Is it acceptable for Barclaycard to do this? They agreed to the original IVA and I have had no notification that they had 'sold' my account to a collection agency. I am now very concerned that my future lies with a back street debt collector who by their insistence to be involved fills me with dread that they are going to throw a massive spanner in the works and my IVA will not be discharged. Any advice gratefully received, thank you

Hi. Yes, Barclaycard can sell on the debt -- the majority do. New debt owners are likely to be better to deal with as they purchased the debt for pennies.

I am not sure that there is any spanner they can throw in at this stage as long as the terms have been followed and dividend as expected.