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Posted: Thu Mar 31, 2016 8:16 pm
by Emma.23
I have an Iva with varden nuttal and made final payment in January last year 2015 so 1 year and 4 months ago. All I am waiting for is final payment be made and then my final paperwork. I have just found out the company is now in administration. All I want is for my case to be closed very stressed about this.
Posted: Thu Mar 31, 2016 8:21 pm
by kallis3
Hi and welcome,
I'm surprised you've not received anything after this time.
Your details will have been passed on to whoever took over their portfolio so you will be ok.
Posted: Thu Mar 31, 2016 8:23 pm
by kallis3
I actually can't find anything out about it going into administration - the website is still up and running.
Posted: Thu Mar 31, 2016 8:28 pm
by recovering
this is on the website at the bottom Varden Nuttall Limited (‘the Company’) was placed into Administration on 24 March 2016.
Posted: Thu Mar 31, 2016 8:29 pm
by kallis3
Didn't look that far down!! Sorry!
The portfolio will be going to other companies though.
Posted: Thu Mar 31, 2016 8:31 pm
by recovering
It certainly looks like they are still functioning
Posted: Thu Mar 31, 2016 8:39 pm
by recovering
There seem to be a lot of companies either struggling or offloading portfolios
their website says they were the third biggest[:(]
Posted: Fri Apr 01, 2016 7:37 am
by lifenoteasy
The other company in the group is Debt Relief Direct.
They are taking over some DMP cases from PDHL so it may be possible that you end up still dealing with a company in the same group.
However like anything with IVA companies that is just conjecture until something really happens.
The notice is in really, really small print which suggest that they may still be taking on new clients during this period.
Posted: Thu May 05, 2016 10:56 am
by younis77
Hi Emma,
My last payment was in September 2015 and they promised me that I will get my completion certificate within two months, however after chasing so many times I just found out that Varden Nuttall went into administration and all our cases are now handled by Paul Boyle & Tom Bowes of Harrisons Business Recovery and Insolvency Limited and Ben Woolrych & Phil Pierce of FRP Advisory LLP, and after chasing them again many times I just got an email saying they can't give me any answer on whats going to happen and I have to wait.
Very stressing situation, but I've been assured by many people that all what we paid should be protected and its only a matter of time.
Thanks
Younis
Posted: Thu May 05, 2016 11:55 am
by kallis3
Your money will be fine younis - just may take them a little longer to get your completion to you.
I know it's not ideal but you will get there.