I requested my IP to settle my IVA

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Shah.mh

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Post by Shah.mh » Thu Oct 21, 2010 9:35 am
I requested my IP to settle my iva and sent out the letters in august 2010, unfortunately they are taking so long and when I enquire they say my variation report is with the practioner and it's under review also I am in the queing system. I find that strange as it has been over two months and they are taking their time. Can I go to any other company to deal with this?
 
 

Broke of London

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Post by Broke of London » Thu Oct 21, 2010 9:53 am
It is very difficult and expensive to change IP. Bombard them with calls and emails until they start moving with this...two months is an unreasonable wait. Who are you with? Maybe one of the professionals who post on here can help.
 
 

kallis3

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Post by kallis3 » Thu Oct 21, 2010 11:35 am
Hi,

The short answer is that your own IP has to deal with the variation.

You should have heard something by now but if it is one of the big companies they could have a backlog of cases to deal with.
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.
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MelanieGiles

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Post by MelanieGiles » Sat Oct 23, 2010 11:41 pm
IPs are very busy at the moment, and variations are perhaps taking a lower priority than proposing new cases. You should ask your IP to confirm a timeline in which you can expect to see the variation presented. Replacing the iP firm is not a viable option for you.
Regards, Melanie Giles, Insolvency Practitioner
 
 

Shah.mh

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Post by Shah.mh » Tue Oct 26, 2010 2:39 am
Thanks to everyone who has replied to my concern
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