www.iva.co.uk

Hello,

At the start of my I.V.A application I was told that it would be in confidence.

After my I.V.A has now begun I have been told that all my details are on the Insolvancy Web-Site.

Where do I stand legally as I have been misled ?

Thankyou..

Hi Nokia

No yoyu have not been misled - although your IP obviously did not make you aware that your IVA would be registered with the Department of Trade & Industry.

This is a statutory requirement, and a small price to pay for getting yor creditors to accept a reduced repayment, I would have thought. The register is rarely accessed by anyone other than insolvency practitioners, so I would not worry about this.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

Hi
Just to add that it is extremely unlikely that anyone other than you will know of your IVA.The insolvency register is little known about outside of the industry.
If you were subject of a county court judgement and walked into the court on the day of your judgement then your name would be on a board for all to see.
Relax and just start counting down from 60
Regards

Andy Davie
IVA.co.uk Spokesperson and site manager
(aka Neverending)

Please check out my blog: http://andydavie.blogs.iva.co.uk

Hi Nokia

One of the things IVA salespeople mean by 'in confidence' is that an IVA will not be advertised in the paper as it is in Bankruptcy.

However they omit to mention it will be on the Insolvency Register alongside all the Bankrupts.

So I think you have quite probably been misled, but I doubt there is a lot you can realistically do about it.

-Best.

Please view my blog at www.go4broke.blogs.iva.co.uk

'6 years sticking my head into the Lion's mouth of debt !'

Hi
I do not think that you have been misled,after all your employer does not know and if you have a partner they would not know unless they have an interest in a property that you both own.
Regards

Andy Davie
IVA.co.uk Spokesperson and site manager
(aka Neverending)

Please check out my blog: http://andydavie.blogs.iva.co.uk

View my profile here:
http://www.iva.co.uk/andy_davie_profile.asp

Thankyou all for your feedback.

Kind regards..