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How can I get an IVA termination letter if company no longer exists?
Posted: Wed Oct 06, 2021 4:44 pm
by clint
Was with an IVA company, they closed down and I got passed over to 4 other different companies, in order for me to cancel it I need a termination letter from a company that is no longer in existent.
Anybody have advice for me?
Re: <t>How can I get an IVA termination letter if company no longer exists?</t>
Posted: Wed Oct 06, 2021 6:00 pm
by kallis3
Why do you wish to terminate your IVA? You can end it by not paying for three months and your IVA will fail. If you check the Insolvency Register you should find your IP there to contact and ask for it to be terminated.
Your credit record will still be shot and creditors will start chasing you again.
Re: <t>How can I get an IVA termination letter if company no longer exists?</t>
Posted: Wed Oct 06, 2021 6:02 pm
by Foggy
Whoever is currently running the IVA will issue a termination letter. How far are you into the agreement ? Everything paid so far could well be wasted and your debts might even have increased.
Re: <t>How can I get an IVA termination letter if company no longer exists?</t>
Posted: Thu Oct 07, 2021 10:58 pm
by MrMole
Do you mean your IVA failed some time ago, but you need the termination letter now? Best way would be to find the IP and email them directly.
You should be able to find them by googling 'find an insolvency practitioner' but don't click on the adverts!