I phoned a payday loan company called Toothfairy, After receiving an email saying that they was going to pass my file on to an debt recovery agent.
I explained that my IVA had been accecpted this morning, But because I took out the loan at the same time as I first contacted Debt Free Direct for advice they said that I had no intention of paying the loan back and the will now pass it on to a fraud agent??
Can anyone tell me where I stand, Debt Free Direct have assured me that the IVA still stands and Toothfairy are legally bound by it...
Let them try and in the meantime tell them to deal only with your IP. Taking advice does not mean you are obliged to proceed and they really have very little chance of success.
Tell them that if they contact you again you will be making a formal complaint against them which should be enough for them to back off.
If Toothfairy are included as a creditor within the IVA surely they should be bound by the terms now?
I think a lot of these companies try to scare people into paying!!
When you make a mistake, don't look back at it long...the past cannot be changed. It is the present and future that counts
To be honest the person you spoke to didn't even know what an IVA was !!
If they persist ask your IP to politely remind them that harrassment of a debtor protected bvy an IVA is illegal.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Those Payday loan companies will try anything and have recently been warned by the Office of fair trading over the debt collection antics!
One of them used to treaten to report debtors to the police if they didnt pay..... dont worry about it and if they contact you again tell them you will report them to the OFT. That should shut them up
PJG Recovery have a free online advice channel at www.debtadvicetv.com. If you are ready to ask us for specific advice or help, then get in touch at www.pjgrecovery.com/contact-us.asp . I look forward to speaking to you.
I hope they back off very soon, you're protected within the IVA and if you do get harrassment do let your IP know and hopefully they'll deal with it accordingly. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
I agree with Broke don't let them spoil the happy feeling you have you are now protected by your IVA and they can make all the threats they want there is nothing they can do not keep smiling it is a great day for you[:)]
They are desperate to get you to make a payment,dont pay them a penny,and dont worry about the idle threats they make. Relax in the knowledge that you are protected from creditor action by the IVA!!
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
