received a letter of grant thornton telling me that i been passed on to them from my current iva tenon. i received no infomation off tenon saying it was happening as im now made my final payment in august and it is now being closed since i last spoke to them. can anyone explain to me why this have happened thank you
Hi Gavin. RSM are in the process of rationalisation ( selling off chunks of the business). Last Friday they completed the sale of the IVA business to GT.
They seem to have told no-one and I couldn't draw them on it when it was a rumour --- their clients are just saddled with a "fait accompli"
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
BTW --- if you need to chase the closure drop an email to Karol of GT at ivacustomerservices@uk.gt.com put only "IVA Forum" in the subject line and I am sure Karol will liase with the closures department for you.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
I really don't see why all their accounts should be passed on mass!
The same happened with me, my IVA was in the closing stages with Invocas and I was passed to Cleardebt. There should be some form of staged hand over and those on their closing months should be retained and processed by the current IVA company!
I can only speak from my own experience with Cleardebt but what should have been an uneventful end to my IVA has turned into an ongoing nightmare.
I hope the same is not true for you, but there will no doubt be some transition from your former IVA company to the current one.
7 years after starting an IVA I finally received a completion certificate from ClearDebt
Foggy is correct we were not informed either , only found out about the sale through this forum (just goes to show how invaluable this place really is) , but after speaking with GT we feel a little easier.
Gavin we hope all goes well for you with your closure please let me know how you get on
