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Does intermediary get notified of IVA?
Posted: Mon Feb 26, 2018 10:00 pm
by Anewhope
Silly question that really just comes down to saving my own embarrassment but one of my creditors is shawbrook bank who supplied a loan for dental work . I am wondering whether during the process of an IVA , will my dental surgery get notified at all as they were the intermediary ?
Re: Does intermediary get notified of IVA?
Posted: Tue Feb 27, 2018 9:13 am
by kallis3
If they are a creditor they will have to be informed and also vote at your creditor meeting.
Re: Does intermediary get notified of IVA?
Posted: Tue Feb 27, 2018 9:15 am
by kallis3
I doubt your dentist will be told - just the bank.
Re: Does intermediary get notified of IVA?
Posted: Tue Feb 27, 2018 9:22 am
by Foggy
The loan (and the IVA) is between you and the bank -- your dentist should not be informed.
Re: Does intermediary get notified of IVA?
Posted: Thu Mar 01, 2018 10:24 am
by Shaun Vickery
I agree. The financial contract is between you and the bank. I doubt there is anything in the agreements between the parties which entitles the dentist to be informed and therefore it may be viewed as a Data Protection breach if it was disclosed to them. Besides, I'm sure your dentist wouldn't be interested anyway.