www.iva.co.uk

Hi Everyone

We had our IVA accepted on 14th March and thankfully nearly all phonecalls have stopped so that is good.
However yesterday I received a letter from Mint to say that they had served a default on my account and that they now need the debt to be paid in full within 28 days.
Is this just a standard letter that they send to everyone or will they pursue me for the money? Should I ring them and let them know about the IVA or should I pass the letter to my IP?
My husband also had a debt with them but so far he has had no correspondence.
Not sure what to do!!

One other thing, we have had three more letters from Eversheds saying that more of our debts were sold to Max Recovery after the IVA was approved, does this make a difference to the IVA in the long term and are they bound by the rules of the IVA, it is all very confusing for me!!

It is likely that the big "document production engines" within the creditors haven't been advised yet about the IVA.

This may take a little time to calm down. Forward all post to the IP and if anyone calls just advise them that you are in an IVA, when it started and who your IP is.

take care

A lot of creditors sell their debts on to companies such as Max Recovery once their customers have entered into formal insolvency proceedings - it just means that a different company owns the debts so you have nothing to worry about.

Eversheds/max recovery have just brought another one of my debts. They have quite a few now - wonder if they are going for the full house[:)]

Thanks for the replies.

As you have advised dots I will forward the letter to my IP tomorrow and will try not to worry about it.
Thanks again!