Can an IVA be passed to another IP once in place?

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Joanne.nd
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by Joanne.nd » Wed Mar 28, 2018 4:01 pm
My IVA has been passed on to another practitioner without any warning etc is this legal?
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kallis3
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by kallis3 » Wed Mar 28, 2018 4:03 pm
Hi,

If your IP has ceased trading then yes, it can be.
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Foggy
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by Foggy » Wed Mar 28, 2018 4:49 pm
Standard practice to ensure the IVA continues, supposedly, uninterrupted (although this never seems to go smoothly!)
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Joanne.nd
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by Joanne.nd » Wed Mar 28, 2018 5:17 pm
Joanne.nd wrote:
My IVA has been passed on to another practitioner without any warning etc is this legal?

The IP has not ceased trading...
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Foggy
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by Foggy » Wed Mar 28, 2018 5:40 pm
Joanne.nd wrote:
Joanne.nd wrote:
My IVA has been passed on to another practitioner without any warning etc is this legal?

The IP has not ceased trading...



He / she doesn't need to cease trading. Merely the need ( for whatever reason) to lighten his or her work / caseload is enough.
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kallis3
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by kallis3 » Wed Mar 28, 2018 5:59 pm
Which company are you with?
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Joanne.nd
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by Joanne.nd » Wed Mar 28, 2018 6:21 pm
kallis3 wrote:
Which company are you with?

Creditfix now apparently
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kallis3
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by kallis3 » Wed Mar 28, 2018 6:27 pm
It would appear your IP company has sold out to Creditfix but your IVA will be safe.
Jeffbubs
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by Jeffbubs » Wed Mar 28, 2018 6:30 pm
Joanne.nd wrote:
My IVA has been passed on to another practitioner without any warning etc is this legal?


During my time in a IVA I was involved with 3 ending with Aputure and all I had was a letter say we are taking over your account it seems standard pratice
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Foggy
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by Foggy » Wed Mar 28, 2018 6:31 pm
CF are increasing their market share by purchasing caseloads from everywhere ! I would suggest that you read your proposal a few times and understant it inside out ... CF have loads of cases, from different firms, all written slightly differently and have been known to try to appy the wrong agreements. To be fair they do back down right away when shown the error of their ways. Their biggest failing is communication -- if you want an answer to anything you have to badger them mercilessly until you get a response. There are a couple of diamonds on staff and if you find one of those keep their name handy.
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Joanne.nd
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by Joanne.nd » Wed Mar 28, 2018 6:44 pm
Foggy wrote:
CF are increasing their market share by purchasing caseloads from everywhere ! I would suggest that you read your proposal a few times and understant it inside out ... CF have loads of cases, from different firms, all written slightly differently and have been known to try to appy the wrong agreements. To be fair they do back down right away when shown the error of their ways. Their biggest failing is communication -- if you want an answer to anything you have to badger them mercilessly until you get a response. There are a couple of diamonds on staff and if you find one of those keep their name handy.
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Joanne.nd
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by Joanne.nd » Wed Mar 28, 2018 6:48 pm
No communication no answer to e mails I just keep making the payments 5 years is up end of this year...
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