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Posted: Tue Mar 11, 2008 9:26 am
by 2YrsIn
2 yrs into my iva this month and all has been going well - i have however recieved a letter from intelligent finance this morning (my previous current account with overdraft) - letter is telling me interest is still being applied and my OD is not 1400 quid with late charges of 28 a month!
im just a little worried as i know IF are part of my IVA agreement!
Posted: Tue Mar 11, 2008 9:28 am
by Reviva UK
Big companies are often not particularly good with paperwork.
If IF are part of your IVA forward letter to your supervisor and ask them to confirm it has been dealt with ( keep a copy of the letter).
Posted: Tue Mar 11, 2008 9:30 am
by iva experts
Hi 2yrsin,
An IVA is a legally binding agreement, and if I.F have agreed to your IVA then they cannot add any further amounts on what you owe. I would forward this letter to your I.P as they are the ones who supervise your IVA.
Posted: Tue Mar 11, 2008 10:17 am
by 2YrsIn
cheers guys - going to send it today!