Who do I need to tell ?

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whichwaynow

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Post by whichwaynow » Thu Jul 12, 2007 6:19 pm
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If my IVA offer is accepted which if any companies do I have to tell ? Ie gas,eleteric (paid for by DD) mobile phone on contract, car Insurance (paid by DD).
IVA completed
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JoeB

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Post by JoeB » Thu Jul 12, 2007 7:02 pm
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I don't think you have to tell any of them - but I know that if you swich your supplier eg BT in particular they will do credit search so be aware of this
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MelanieGiles

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Post by MelanieGiles » Thu Jul 12, 2007 10:59 pm
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This is correct - the IVA is between you and your creditors - not anyone else. The suppliers you refer to will continue to received their payments from you completely oblivious to the existence of the IVA.

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
Regards, Melanie Giles, Insolvency Practitioner
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Oliver

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Post by Oliver » Fri Jul 13, 2007 10:49 am
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Just bear in mind that it can be prudent to inform your insurance companies as there are sometimes very small clauses which can invalidate the insurance policy. Also if you take out new insurance you may be at liberty to disclose your voluntary agreement.

Best Regards
Oliver

Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at: www.thomascharles.com/about_us.asp
Best Regards
Oliver
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