Mon Aug 12, 2019 1:51 pmjonnybravo wrote:
Yes the statement I signed was for £420 per month. The letter they sent to creditors stated I wanted to only offer £20.77 per week.
They said it was an error on their system generated figures and should have been the £420. They said creditors would ignore the official letter they sent them anyway and go with the £420 per month which was shown as disposable on my income and expenditure summary which was also sent to the creditors. I am still not happy with the situation due to their very poor professionalism and wanted to cancel as if they cant even get the offer right what hope do I have with them looking after my finances for 6 years. Do I write to creditors and tell them to ignore the this iva? And am I allowed to get another iva with a different company as I am now going to appear on insolvency register and be failed on an iva I did not want in the first place
It could well be a foul up with their paperwork -- regrettable,but it does happen.
If the proposal presented and accepted was correct, then you would not have wanted to withdraw, so, if they were
correct, then there is, arguably, no reason to cancel (apart from confidence issues).
Ultimately there are two choices: 1) allow the IVA to stand 2) fight your position that you withdrew authority for them to act before the meeting and so it should never have gone ahead -- which could get messy as, yes, you can allow the IVA to fail, and would be dependant, then, on creditors accepting your version of events and then allowing an IVA to be set up again with another provider.
You really need to seek professional advice from a solicitor.