Debt transfer post completion?

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Orange78

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Post by Orange78 » Mon Sep 10, 2012 6:48 pm
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Hello. I made my final payment in May and have my completion certificate.

Today I received a pair of letters (in the same envelope) from HSBC & Max Recovery / Eversheds telling me that my debt had been transferred. I am confused! Should I just file and forget?
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MerlinL14

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Post by MerlinL14 » Mon Sep 10, 2012 6:51 pm
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Nothing to worry about, just HSBC selling off a job lot of 'bad debt'. Max recovery will find out soon enough that your debt was subject to an IVA.
Last Payment made 04/12/14. Completion Certificate 25/7/15. IVA company GT. No Issues
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MelanieGiles

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Post by MelanieGiles » Mon Sep 10, 2012 6:52 pm
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Yes - if your IVA has successfully completed then there are no longer any debts to tranfer. It seems it is them who are perhaps confused!
Regards, Melanie Giles, Insolvency Practitioner
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Orange78

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Post by Orange78 » Mon Sep 10, 2012 6:58 pm
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Thanks both, for the swift replies.
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Shell.76

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Post by Shell.76 » Mon Sep 10, 2012 7:18 pm
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i got the same letter today and was confused as i only have 3 payments to make till the end of my iva, and had some replies on here that said not to worry which put my mind at ease.
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Shining

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Post by Shining » Tue Sep 11, 2012 3:19 am
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I've not made the last payment to my IVA but coming to the end and my hubby and I both had the same letters today, he got the mail first and was a bit concerned but I assured him nothing to worry about.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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Niobe

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Post by Niobe » Tue Sep 11, 2012 8:51 am
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Mine had already been sold on prior to the IVA so I assume I won't get anything.
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