Hassle from creditor now iva is complete

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gledhill4911
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by gledhill4911 » Sat Jul 29, 2017 4:02 pm
My IVA completed in 2013 and have had no problems with getting my credit rating back to normal with the credit reference agencies.
Today I received a letter from the co-op bank who stated that the outstanding balance of my account had been sold to a company called Link.
The co-op were one of the creditors on my IVA and I assume were receiving payments from my IP (originally Synergie partners then cleardebt)
I assumed that as the iva was now complete that this debt would be written off or am I mistaken?
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kallis3
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by kallis3 » Sat Jul 29, 2017 4:19 pm
Nothing to worry about. You are covered. If they should get in touch then just send a copy of your completion letter and tell them to do one.

Just keep an eye on your credit record in case they try to default.
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Foggy
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by Foggy » Sat Jul 29, 2017 4:25 pm
Seems a long time for them to be still bundling up written off debts with the debts on sale. However, as Kallis says, sight of your completion certificate should keep them quiet.
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gledhill4911
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by gledhill4911 » Wed Aug 09, 2017 8:49 am
Update:

I have written a letter of complaint to the co-op bank with a copy of my completion certificate asking why they have sold a debt that should have been written off.
I'm still waiting for a reply
Also wrote to Link financial with a similar letter with my CC. They are now investigating. I don't know why when i have provided my CC.
Again still waiting a reply.
Is this a matter of fraud by the co-op bank selling a debt on that should have been written off?

Next step if I don't get the required result is the Financial ombudsman service.
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Michael Peoples
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by Michael Peoples » Wed Aug 09, 2017 11:11 am
Debts are parcelled up and sold in large tranches and this is not uncommon. Once Link have a copy of the CC they should be able to deal with this between themselves and CoOp. I doubt if you will hear anything else.
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gledhill4911
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by gledhill4911 » Wed Aug 16, 2017 11:47 am
Many thanks for your comments and help. I got the outcome I required.
Link investigated and said "nothing to pay"
The Co-operative said the same with a very apologetic letter and a cheque for £100 for the inconvenience. Result!

A note to all, don't ever get rid of your iva paperwork and letters. They just might come in useful years after completion.
:D
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Foggy
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by Foggy » Wed Aug 16, 2017 12:08 pm
gledhill4911 wrote:
Many thanks for your comments and help. I got the outcome I required.
Link investigated and said "nothing to pay"
The Co-operative said the same with a very apologetic letter and a cheque for £100 for the inconvenience. Result!

A note to all, don't ever get rid of your iva paperwork and letters. They just might come in useful years after completion.
:D



Very wise words !!
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Michael Peoples
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by Michael Peoples » Wed Aug 16, 2017 1:36 pm
Very quick service and credit to the CoOp. We all make mistakes but they dealt with theirs quickly and effectively which is really all you can ask. Enjoy the cash.
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luluj
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by luluj » Fri Aug 18, 2017 3:09 am
My iva paperwork is stored away in the loft just in case ... you just never know when you might need it !
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linrog
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by linrog » Fri Aug 18, 2017 5:53 am
the same happen to us lloyds sold on a debt to link and i sent letter of completion to link they said lloyds should never have sold on the debt which they admitted was a mistake all taken off credit file all sorted.
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kallis3
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by kallis3 » Fri Aug 18, 2017 7:47 am
Mine is all filed away - I'll never get rid of it.
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linrog
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by linrog » Fri Aug 18, 2017 4:06 pm
ALL OUR IVA IS AT BACK OF MY FILING CABINET WHERE IT WILL STAY
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