www.iva.co.uk

Posted: **Mon Mar 12, 2012 8:18 am**

hi does anyone know if tenon are closing at the moment

Posted: **Mon Mar 12, 2012 8:34 am**

Hi,

Not sure about this one - I know Mel and GT are.

Posted: **Mon Mar 12, 2012 8:44 am**

panicked there for a minute Jan, I thought the OP meant are they closing down???? but when I re read your reply I realised it probably refers to the VAT issue, panic over (as Mel is my IP)

Posted: **Mon Mar 12, 2012 8:47 am**

I did see something on the forum...but don't k is whether it's fact or rumour. Why don't you give them a call? x

Posted: **Mon Mar 12, 2012 9:18 am**

ok will do thanks

Posted: **Mon Mar 12, 2012 9:25 am**

When I asked about 6 weeks ago they had started closing again and were allocating extra staff to the back log ... but someone else has been told since then, that they stopped (again!). They won't have extra staff, now, to be playing with either!

Posted: **Tue Mar 13, 2012 8:06 am**

hi there i am with rsm tenon what do you mean closing down

Posted: **Tue Mar 13, 2012 8:13 am**

Because of a VAT issue with HMRC some companies are not closing cases at the moment. Looks as though Tenon are one of them.

All it means is that if you have come to the end of your IVA it might take longer than usual to get your completion letter.

Posted: **Wed Mar 14, 2012 12:26 am**

There are some cases that even we cannot close - I won't bore readers with the technicalities, so it is possible that yours may fall into this particular category. Either way it is best to confirm directly with your IP to be sure.

Posted: **Wed Mar 14, 2012 6:40 am**

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by lem

panicked there for a minute Jan, I thought the OP meant are they closing down????

They are still in business at the moment - well, at least until October when Lloyds next decide if they are going to renew their £88m funding facility !!

Posted: **Wed Mar 14, 2012 7:41 am**

hi we are with rsm tenon we have only been with them a year what would happen to our iva if they close down in panick mode now

Posted: **Wed Mar 14, 2012 7:57 am**

i read the upper page again thanks

Posted: **Wed Mar 14, 2012 9:57 am**

Anita, I realsie that you have realised that the "closing" we are referring to is the closure of individual cases.

But, it is true that Tenon are going through a financial blip at the moment. I am sure they will sort it out, but, if the worst happened and they went out of business cases would be transferred to another company.

Unfortunately you will have no choice as to who that company might be!

Posted: **Thu Mar 15, 2012 4:59 pm**

thanks foggy