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Posted: Tue Jul 19, 2016 9:49 pm
by Peterdh67
We completed our Iva about 18 months ago. To day we had letters from asset link capital saying they had brought our accounts from the bank of Scotland. I was wondering what this meant and if we needed to do anything
Many thanks
Posted: Tue Jul 19, 2016 10:12 pm
by kallis3
Hi and welcome.
If you have had your completion letter then they can do nothing - they would have been included in the IVA.
Send a copy of your completion letter to the data controller there and also get in touch with your IP and ask them to help out.
Posted: Wed Jul 20, 2016 9:20 am
by Foggy
Hi. A lot of lenders sell on bad debt in auction type "lots" and the buyer will be unaware of the exact status, but willing to take the risk due to the low price they are paying ( often pennies in the pound) --- the same principle as buying warehouse return pallets for resale -- some you win, some you lose.
Some will try to get payment anyway, sometimes still not realising the IVA exists. A few can be quite a pain !
Send them a copy of your Chairman's Report, which will show the debt in the IVA, along with a copy of the Completion Certificate, and they should catch on.
Posted: Wed Jul 20, 2016 9:39 am
by Lisa Thomas
Send them your CC. Suggest you also look at and tidy up your credit rating in case any other debts/defaults etc are still showing on there.
You might find this quick video I made about cleaning up your credit record useful:
https://www.youtube.com/watch?v=PV4RzUY4BRM
Noddle and Clearscore are also free credit agencies to consider using:
https://www.noddle.co.uk/
https://www.clearscore.com/
Posted: Wed Jul 20, 2016 11:15 am
by Goosed
DCAs chasing peolple for debts years after their IVAs have finished seems to be coming more and more common.
How are they able to buy `debts` that supposedly no longer exist due to the fact that they were settled via an IVA???
People shouldn`t have to be dealing with c##p like this years after they thought they had solved their debt problems by meeting all legal obligations after undertaking their 5 to six year IVAs.
If you search the web you will see many forums littered with people facing similar issues and a lot of people are being chased by unscrupulous, underhanded DCAs who try all sorts of dirty,unethical, even illegal methods to try and scare people into paying.
Posted: Wed Jul 20, 2016 11:36 am
by kallis3
Thankfully we haven't had any of those (yet!) but I'm afraid they wouldn't bully me and would be told to take me to court and I'll make you look a fool!