Early repayment issues

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Jason9288

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Post by Jason9288 » Thu Mar 11, 2021 11:55 pm
My Iva has recently been transferred to begby traynor.

My daughter has volunteered to pay my Iva off and the ip has demanded to see her driving licence, passport and bank statement for, in their words, anti money laundering checks.

Can they do this and if she refuses can they in turn refuse to put my offer to the creditors?

luluj

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Post by luluj » Fri Mar 12, 2021 5:48 am
They need to be sure where the money is coming from - we had to provide evidence back in 2011 when we ended ours early. I would say it is a standard ask and nothing to be concerned about.
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Foggy

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Post by Foggy » Fri Mar 12, 2021 7:38 am
This is for money laundering regulations and are not conditions posed by the IP, but by the government. The IP can refuse to entertain an offer without this being done.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
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kallis3

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Post by kallis3 » Fri Mar 12, 2021 8:29 am
Jason - I have removed your second post as it is a duplicate of your original.
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