What happens if creditor doesn't claim their share

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EskimoLou

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Post by EskimoLou » Mon May 17, 2010 6:02 pm
I was wondering what happens if a creditor doesn't claim their share of the money i pay into my IVA? Can they still pursue me for the outstanding debt once my IVA is complete?
 
 

kallis3

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Post by kallis3 » Mon May 17, 2010 6:04 pm
If they don't make a claim they can't pursue you afterwards as they were bound by the IVA.

Your IP will keep an eye on things as regards creditor claims.
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