Hi - we are rapdily approaching our 2nd review. Suddently we have started receiving letters from creditors and companies they have passed the debt to and also statements from the Halifax asking for a minimum payment of the total balance!! I didn't have this problem at the first review and wondered if this was normal practice?? I will be forwarding them on to our IP just in case there is anything they need to do but just thought it was a bit strange!!
F&F approved May 13 - just awaiting Completion Certificate - moving to a new Debt Free life !!
Hi Randomlady - your IP needs to contact them to remind them you are in an IVA by the sounds of it! Your IVAa protects you as St75 says so no action can be taken against you however it would be good for the requests for payment to stop! They need to update their records.
Regards
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You do get statements once a year although mine do state that it is just a formality.
Forward them on to your IP. Otherwise just ignore them.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I've not received anything either. I moved over a year ago and my creditors were notified at my annual review last Summer but I assume they haven't updated my accounts. It's wrong on my credit report and the insolvency register too. I could almost disassociate myself from it completely!
Must admit that anything I received now wouldn't bother me as I know I'm protected. The creditor concerned would get a very strongly worded letter back from me!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
The Halifax Statement unsettled me a bit but then I thought what can they realistically do??? Nothing.
Finding it quite funny now that one of the creditors has sold on a small debt in the grand scheme of things (was only about £500) and the new company have sent me 6 identical letters for the same amount/account in one week - well that's one way of spending their postage budget but it won't get them any extra money or any quicker!!
F&F approved May 13 - just awaiting Completion Certificate - moving to a new Debt Free life !!
If they carry on sending you that amount of letters they'll soon have spent enough on paper and postage to write off what you owe them!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I keep getting emails off Capital one telling me that my latest statement is availabe online!!!
I do get a statement every month off Halifax Loans, but I`ve had nothing off them regarding my visa card and overdraft.
"When the seagulls follow the trawler, it is because they think sardines will be thrown into the sea".
Don't they waste some money on unneccesary letters!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
