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Payments taken by creditors

Posted: Tue Mar 23, 2021 7:13 pm
by co
Hi,

I have just started an IVA, 3 weeks ago. I pay weekly, and have paid a few weeks already. I have just noticed that bamboo and lendable have still taken payment off me this month? Is this normal and should they still be doing this? Or is this a one month thing as I have just started?

Thanks

Re: <t>Payments taken by creditors</t>

Posted: Tue Mar 23, 2021 7:36 pm
by kallis3
No, they should not be doing this if they are included in your IVA. Can you cancel any DD or SO that should be in there?

You need to speak to your IP about this as all creditors should not be taking money from you.

Re: <t>Payments taken by creditors</t>

Posted: Tue Mar 23, 2021 8:09 pm
by Foggy
They are in breach of the agreement. It could be as simple as an overlap ( left hand / right hand thing), but needs to be sorted by your IP, otherwise the IVA will be unaffordable.

Re: <t>Payments taken by creditors</t>

Posted: Wed Mar 24, 2021 10:17 pm
by WallE
Definitely make a point of double checking that all your direct debits are cancelled.

Also, be cautious if you've moved to a basic bank account using the account switch service, as it may have inadvertently carried across your direct debits to your creditors.

Contact your IP and explain the situation, and to try sort out refunds with the creditors.