legal action action over bank, credit card charges

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gill.a

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Post by gill.a » Wed Jan 09, 2008 3:50 pm
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Hi, if I am taking legal action action over bank and credit card charges, can I include these companies in an IVA in the interim?

Also,
If I make an agreement now with a debt collection agency, can this be superceded by an IVA?
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james.c

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Post by james.c » Wed Jan 09, 2008 4:29 pm
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you can, but if you do reclaim any money then this money is seen as windfall and so the money must go in to the IVA.

I havent done this, because whats the point in going in time and effort and if you do win you wont see any of the money.

no matter how bad money gets, theirs stll alot more important things in life
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Adam Davies

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Post by Adam Davies » Wed Jan 09, 2008 5:07 pm
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Hi
Your IVA will overide any agreements that you have made with creditors
Regards

Andy Davie
IVA.co.uk Spokesperson and Website Manager

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp
Andam Davies
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