Hi,just entered last 6 months of iva. I rang company to see where to send mortgage, secured loan, and house valuation details to. They said no need to Select have done a valuation and due to the 85%LTV there will be no further action needed, and iva will close July 1st.Would this be correct? I did verbally give mortgage and secured loan details a couple of months back. Should i send my details any way? Thank you
I know select does do this with some IP firms, which saves the hassle of running around and also avoids searches being recorded on your credit files. If would be better if they explained more to clients as to what was happening, however.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Good news that the IVA will finish and you can move on. I agree with Foggy though that it would have been nice if your IP had advised you when the review was carried out. It is a good service Select carry out and it does simplify matters for the clients and IPs alike.
Thank you Michael. So would you say that they have definitely decided no further action, and do not need my figures in writing. I would not want a nasty surprise in 6 months.
