IVA cancelled

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Post by dosta » Fri Aug 31, 2018 8:44 pm
Received a letter from credit fix stated my IVA has been cancelled.
I was away and I missed few payments. What can I do now?


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Post by kallis3 » Fri Aug 31, 2018 9:14 pm
Speak to your IP and see if anything can be salvaged
Sharing from experiences of dealing with debt
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Post by Foggy » Sat Sep 01, 2018 8:43 am
How many is a "few" ? Three missed payments could lead to a fail, as detailed in the agreement.

As Kallis says, speak to them as soon as possible. If it hasn't yet been formally cancelled there might be a slim chance ... if the paperwork has been issued then it will be too late.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014


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Post by MerlinL14 » Sat Sep 01, 2018 5:04 pm
It can't be as simple as you were away and missed a few payments. There would have been a conversation trail be it email, phone calls or letters. Your IP has little interest in failing your IVA, it is best for all parties that it could continue.
Last Payment made 04/12/14. Completion Certificate 25/7/15. IVA company GT. No Issues

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Post by Lisa Thomas » Mon Sep 03, 2018 8:41 am
Has it been terminated already or have they issued you a breach notice? You might be able to rectify things if they haven't already issued the termination certificate.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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