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Posted: Tue Mar 31, 2015 9:45 am
by Nikdav2713
Hi, Just after a little advise Please? I am ready and set to start paying my IVA (1st payment on the 1st April) and yesterday i received a letter of a debt company saying they had brought the debt from one of my creditors that agreed to my IVA at the creditors meeting at the beginning of March. Do i just ignore this letter?
Posted: Tue Mar 31, 2015 9:49 am
by Foggy
It's just a courtesy letter, pass it on to your IP -- the new creditor is bound by the IVA.
Posted: Tue Mar 31, 2015 11:13 am
by Nikdav2713
Thanks for your reply foggy, so just to confirm its nothing to worry about and i dont owe someone else money i havent got?
Posted: Tue Mar 31, 2015 11:19 am
by Foggy
It's nothing to worry about. Our debts get sold on all the time (often without the courtesy of being told). They might not be aware that you are in an IVA, but your IP will put them straight.
Posted: Tue Mar 31, 2015 12:22 pm
by Shining
A good idea to pass it over to your IP. Even in the IVA I used to get a few statements and always passed them over. As Foggy says they're bound by the T&C's of the IVA so all is good. Good luck with your IVA hope it runs smoothly for you.