My IVA was completed satisfactorily on 01/10/09. It was a F & F IVA and I have my certificate of completion. However, today 25/3/10, I recieved from Grant Thornton IVA Watch a letter headed ' OBLIGOR NOTICE'. This letter talks about how MBNA have sold my account to Pheonix recoveries and that Pheonix have appointed Grant THornton IVA watch to act on its behalf. They (Grant Thornton)also state in the letter that they attach a COPY of a letter of authority from MBNA. WEll I have never received a letter from MBNA to thjis effect.
Secondly the letter from MBNA states that "confirmation that your outstanding balance due.....".
MY QUESTION IS , IF MY IVA HAS COMPLETED SATISFACTORILY THEN WHAT IS THIS ALL ABOUT ?
I would give them a call and maybe send them a copy of your completion certificate. If the said debt formed part of your IVA then there isnt anything to worry about.
Lisa2009 wrote:
I would give them a call and maybe send them a copy of your completion certificate. If the said debt formed part of your IVA then there isnt anything to worry about.
Its strange as I sent to the Data Controller MBNA last week my cert. of completion because my credit file still showed some defaults rather than satisfied/partial satisfied.
Then I receive this letter ????
Yes MBNA was included in the IVA submition. They did not vote but +75% did and it was passed.
It is a mistake, but useful to see who MBNA are selling their debts to now and who are actually representing that firm. This forum continues to be a wealth of information for IPs in practice!
Hi
You have nothing to worry about, this debt is no longer owed, Just refer any letters or calls to your IVA company, or write to them enclosing a copy of your completion certificate
Regards
Andy Davie wrote:
Hi
You have nothing to worry about, this debt is no longer owed, Just refer any letters or calls to your IVA company, or write to them enclosing a copy of your completion certificate
Regards
Hi all
I havent posted for a while as fingers crossed our IVA seems to be plodding on but i received a letter this week like Dac saying exactly the same thing so it must be a generic letter to let us know that Phoenix have now taken over our debt. I was advised in the letter to pass it on to my IP so that they were aware of the change but they had already received a copy so i wouldnt worry Dac i think its just a generic letter sent to everyone regardless of how far along you are in your IVA
