I have an IVA and one of my creditors covered in my IVA has sold my debt on to a Debt Recovery Agency who today sent me a letter informing me that they will be contacting me in the next 7 days to arrange payments. I sent them an email informing them of my IVA and some details, they sent me back an email telling me I had to contact them immediately regarding a personal business matter. I have sent a photo of the letter and forwarded the email to my IVA company but I’m still very concerned. Can anyone please advise me on what to do next? Thank you in advance.
The new debt owner will be bound by the IVA exactly as the original creditor was. You need not correspond with them apart from giving them details of your IP and giving the IP their details, so the two can correspond and sort it out.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
If they continue to send letters then just refuse to speak with them, as has been said this debt is protected under your IVA. Some debt companies take a bit of time before it sinks in, others try to bully you into making a payment plan, do not gets sucked in by them.
Last Payment made 04/12/14. Completion Certificate 25/7/15. IVA company GT. No Issues
You can also tell them they are not supposed to contact you and if they continue to do so it is harassment.
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
