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Posted: Tue Nov 24, 2015 9:05 pm
by Kevin43
Hello Guys,
My FF accepted and the fund has been transferred. what should I expect from IP. I have asked them but advised to wait. Do they ask for payslips n bank statements or carry out credit checks. Finally debt free after 4 yrs.
Thanks
Kevin
Posted: Wed Nov 25, 2015 5:17 am
by luluj
Great to hear that f&f accepted. Once funds received the closure process starts and your iva company will ensure all creditor claims are dealt with appropriately and distribute the funds accordingly. Your credit file will be updated to shw as satisfied but will remain for the 6 years from start date. The insolvency list will be updated once certificate issued and after three months your name will come off the insolvency list.
Posted: Wed Nov 25, 2015 9:14 am
by kallis3
Excellent news and good luck for a debt free future!
Posted: Wed Nov 25, 2015 9:24 am
by Lisa Thomas
It's bit late for them to do a review of your income now the F&F has been accepted so I suspect they should simply move to agreeing creditor claims, paying the dividend and sending you your CC. They can send outstanding creditors a notice giving them 3 weeks to submit their claims so it shouldn't take too long to close the case but some firms take more than others.
Posted: Wed Nov 25, 2015 9:24 am
by Lisa Thomas
PS I forgot to say congratulations!