Michael1971 wrote:Hi. I made my final payment to Aperture in september and sent all my paperwork off for my final review. After chasing it up several times I received a phone call from aperture today telling me that no extra income was due but it will now take between 3 and 6 months for them to close my IVA as my case is getting sent to their closures team to do final checks and make sure all my creditors have been properly paid. Im worried now as this seems a very long time. Can anyone tell me exactly what these checks entail and why should it take so long? Am I right to be worried?
Many firms do these final checks within a few weeks to 2 months .... but they are the ones who hit the ground running and see the closure on the horizon. Aperture compartmentalise everything and the closures department haven't even seen your file before, let alone got a head start. Back in the day they were renowned for taking 6 months as the norm, often more. Thay have improved a bit from then, but are still among the three legged horses in the race.
There shouldn't be anything to worry about, except for the inordinately long time it will take, during which time you are still in and still bound by the IVA, except for the need to make payments.
All that said they will still quote a long date and will hope to come in faster -- remember, though, that we have the upcoming holiday in the way to prolong matters further. There have been times when they have done really well, so fingers crossed this is one of them.
Who is onlineUsers browsing this forum: No registered users and 1 guest
Ask the IVA Experts a QuestionSimply complete form and you will get an answer from our IVA Experts (multiple replies within an hour *)
* Any use of this forum is conditional on you having read and agreed to our terms and conditions.
* If you enter your phone number, Vincent Bond and Co Ltd will give you a courtesy call to ensure that your question has been answered.
* The question will be posted on our forum, we will email you the location