www.iva.co.uk

I’m about 4 weeks into my Iva, my first payment has left my bank but I’m still getting texts & letters from creditors. My IP said this is normal for 6-8 weeks but I can’t help but feel panicked by it as I’ve never been behind on payments before so it’s all new to me. How long did it take to stop for others going through Iva please?

Your IP is correct --- some of us have had letters popping up for a few months after starting.

Don't worry about it - we've all been there!!

6-8 weeks is normal, but don't forget the creditors can still send you some correspondence, and in fact are legally obliged to do so. These will be sent under the Consumer Credit Act 1974 and include statements, defaults/notices of sums in arrears and the likes of notices of assignment, if the debt is sold on. Usually nothing to worry about, but I would contact your IP if there's anything that gives you cause for concern, or threatens legal action/demands payments.

Mine stopped after about 3 months,

I get statements every year still showing how much is outstanding and stuff but nothing threatening or anything like that anymore

They are obliged to send them out every 12 months.