There should be paperwork to sign before anything gets sent to the creditors
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Can completely agree about the bankruptcy clause. Even though I said I didn't want bankruptcy to be an option if the F&F was rejected, it was still mentioned in the paperwork I had to sign for the variation meeting. I rang my IP straight away and they removed it from the proposal documents. As others have said, if you ask it will be removed. Best of luck with the F&F!
Iva completed with a F&F. Completion certificate received Jan 2017
If not accepted then your IVA should continue as normal.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Ours won't because our new I&E showed we no longer have any money left to pay onto the IVA. This is why a relative's has offered what they can to try and get them to accept f&f over failing IVA
Update on what's happening. Payplan have said variation process can take about 3 months then the creditors have 28 days to vote on top of that?
I thought once the IP agreed to variation meeting they had 21 days to obtain a date for the meeting. I'm confused how this is helping when we are struggling with payments and now have to try and cope for another 4 months. I know they might let us miss 3 payments but I don't want anything to make them more likely to bankrupt us. Fed up as I feel we keep trying so hard to get a break but just can't.
This is a Payplan quirk -- they take extraordinarily long to do anything! They are supposed to draft the variation within 21 days then give Notice of 28 days, so the WHOLR process should take 7 - 8 weeks!
The joys of dealing with a company with 1 IP for thousands of clients.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
You can complain --- but my thoughts are that it would deflect them from concentrating on the variation. Maybe complain after the variation has been accepted.
You have to go through their internal system first, then you can escalate to their regulators. You will get no redress, but the IP might get a slap on the wrist and possibly a fine. Personally I feel, if a complaint is justified, it should be lodged -- otherwise the firm and the regulators are unaware of problems.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
You could just write and say you understood the variation meeting was due to be called within 28 days and ask them why there is a delay to 3 months for your particular case. This might prompt them in to dealing with this in accordance with the proper timescales and is not strictly a complaint at this stage - more of an enquiry...
I thought I should update you all although still not recieved our proposals to sign so no variation meeting booked with creditors either. I'm so annoyed with Payplan as offer was made at the end of January.
I continuously chased them up - sometimes going days without a reply, then out of the blue they emailed request for 3 months payslips within 7 days or they would cancel process!!
Of course I sent these the same day but didn't even get acknowledgement until I contacted them for one which is when they then said next time we heard from them it would be receiving paperwork to sign.I waited for a while then badgered them with more emails until I was eventually told I would receive them "in due course". I could cry with the stress & we both feel like our lives are on hold.
I am sorry to hear this, but, sadly, not surprised ! Payplan work to their own timetable within their own world with no regard for the agreed timetables or, indeed, their client!
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Yes I agree. I remember you posting how unimpressed you are with them before but now I realise why. I can't believe they can treat people like this. We have been given payment break while it is going through which does help but if they don't accept offer we will then have to pay those months additionally by lengthening the agreement so it doesn't mean they have more time to put forward our offer like they seem to think it does. I am so annoyed.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I feel like that's all I've done since January. I even said about the 21 days in our IVA documents but they've just ignored that and said about 3 months but it's been that almost already.
