Unfortunately I had my IVA transferred to another company without any prior warning or consultation......anyhow I am now having sleepless nights and have received a letter wanting the ins and outs of a ducks !$*!. I have never defaulted and my review is not until June this year but they say it is now twice a year with full documenetation to be supplied. Please help I just dont feel confortable with this company at all and havent slept properly for the past 2 nights.
I think you need to speak to them and ask why they have altered the review to twice yearly. It may be the policy of that company, and unfortunately, you are stuck with it for the duration.
It will just mean that you have to do it twice a year instead of one.
Is there a reason why you are uncomfortable doing it?
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Its just because I have been happily going along with no real changes and now I feel like the bones are being picked over again, If it is once a year I can cope with that but I get stressed out worrying about it.
Give them a ring and ask, but I think you might just have to accept that as you have been transferred to another company, you will have to do things their way.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I think that a review twice per year is unecessary for someone who is in PAYE employment. Which firm are you with now? And check the terms of your proposal - as this may refer to annual reviews alone.
If your proposal says 12 monthly then, I take it the new company cannot insist on changing it?
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Don't worry slt I am sure that your review should only be once a year. Who are the company that now is responsible and who was the old one?
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
