Posted: Tue Jul 03, 2007 8:15 pm
Hello
Our creditors are all aware that we are pursuing an IVA due to insolvency. We sent letters to them last month which coincided with stopping all payments, and to inform them of our plans, giving them full details of our IP.
An initial understanding call from one creditor has been followed by several letters along the lines of "direct debit has been stopped, please pay up" which we have forwarded to our IP as instructed.
One of our other creditors has started to leave answer phone messages, requesting we call them to discuss our options. Do we ignore these? Or do we call them to reiterate our position. (They are a well known tricky creditor who have a reputation for being aggressive on the telephone) We don't want to make a bad situation worse by appearing to ignore them, nor do we want to have to deal with the potential stress and worry of fielding aggressive phone calls.
Any advice would be much appreciated, as I suspect things may become worse over the coming weeks.
Blue
Our creditors are all aware that we are pursuing an IVA due to insolvency. We sent letters to them last month which coincided with stopping all payments, and to inform them of our plans, giving them full details of our IP.
An initial understanding call from one creditor has been followed by several letters along the lines of "direct debit has been stopped, please pay up" which we have forwarded to our IP as instructed.
One of our other creditors has started to leave answer phone messages, requesting we call them to discuss our options. Do we ignore these? Or do we call them to reiterate our position. (They are a well known tricky creditor who have a reputation for being aggressive on the telephone) We don't want to make a bad situation worse by appearing to ignore them, nor do we want to have to deal with the potential stress and worry of fielding aggressive phone calls.
Any advice would be much appreciated, as I suspect things may become worse over the coming weeks.
Blue