www.iva.co.uk

Hi,we have now completed our final payment after 6 years and are awaiting our certificate hooray!!.My wife received a text message from a c.c company we had a loan with(this happened annually)asking for payment.This c.c was included in the Iva.I presume that these will now stop.How will they know that the Iva has come to an end?
Thanks

Hi,

Your creditors should not be contacting you for this - speak to them and tell them what is happening.

Your IP will be sorting out the creditors with their payments so there is nothing to worry about.

The creditors will get a copy of the Final Report, which you will also get along with your certificate. It often takes a while to filter through to all departments and your IP should sort out any questions from creditors. Occasionally a creditor might not get the message and we then have to provide them with a copy of the Chairman's Report, Final Report and completion certificate.

Thank you for the responses.

The text messages were probably annual statements. I believe creditors still have to make these statements even though your account is in default, but few do. I had annual statements from most of my creditors during the 60 months but not all of them.