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Posted: Fri May 02, 2008 11:23 pm
by misslm
Can i still set up an IVA if one of my debts has been passed on to a debt collector?
Posted: Sat May 03, 2008 12:30 am
by ianmillington
Yes, that's not a problem. The IP you choose will need to determine whether it's been simply passed for collection or sold but other than that it's not really significant.
Ian
Posted: Sat May 03, 2008 12:32 am
by size5
Yes you can.
I would estimate that 85% of people I speak to haven't missed payments on their debts, but all that that usually indicates is that credit is being used to pay credit. Personally, I prefer to deal with cases where debts have been passed on, because then there is much less of a risk of the "denial" syndrome. It is unfortunate, but what happens from here on in is the most important thing, if you recognise that a problem exists then take the necessary advice and sort it out before it gets any worse.
Regards.
Posted: Sat May 03, 2008 12:34 am
by size5
Typing at the same time Ian?
We are up late again it seems.
Regards.
Posted: Sat May 03, 2008 12:49 am
by ianmillington
I'm off to sleep now Michael! Have a good weekend.
Ian
Posted: Sat May 03, 2008 12:53 am
by size5
Same to you Ian, playing cricket tomorrow so may not post again till tomorrow night or sunday.
Not sure my knees can take it mind.....