Worried!! Help!

5 posts Page 1 of 1
 
 

sblack

User avatar
Posts: 304
Joined: Mon Jan 07, 2008 2:12 pm
Location:

Post by sblack » Sun Apr 13, 2008 10:49 am
Hi Everyone

We had our IVA accepted on 14th March and thankfully nearly all phonecalls have stopped so that is good.
However yesterday I received a letter from Mint to say that they had served a default on my account and that they now need the debt to be paid in full within 28 days.
Is this just a standard letter that they send to everyone or will they pursue me for the money? Should I ring them and let them know about the IVA or should I pass the letter to my IP?
My husband also had a debt with them but so far he has had no correspondence.
Not sure what to do!!

One other thing, we have had three more letters from Eversheds saying that more of our debts were sold to Max Recovery after the IVA was approved, does this make a difference to the IVA in the long term and are they bound by the rules of the IVA, it is all very confusing for me!!
"Life is too short to wake up in the morning with regrets. So love the people who treat you right, forget about the ones who don’t and believe that everything happens for a reason. If you get a chance, take it. If it changes your life, let it. Nobody said that it’d be easy, they just promised it would be worth it."
 
 

Reviva UK

User avatar
Posts: 609
Joined: Sat Feb 09, 2008 12:02 am
Location: United Kingdom

Post by Reviva UK » Sun Apr 13, 2008 11:16 am
It is likely that the big "document production engines" within the creditors haven't been advised yet about the IVA.

This may take a little time to calm down. Forward all post to the IP and if anyone calls just advise them that you are in an IVA, when it started and who your IP is.

take care
Paul Johns
Reviva UK
Assisted Bankruptcy Specialists
www.revivauk.com
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:

Post by MelanieGiles » Sun Apr 13, 2008 11:20 am
A lot of creditors sell their debts on to companies such as Max Recovery once their customers have entered into formal insolvency proceedings - it just means that a different company owns the debts so you have nothing to worry about.
Regards, Melanie Giles, Insolvency Practitioner
 
 

emma_t

User avatar
Posts: 1833
Joined: Sat Sep 01, 2007 3:32 pm
Location: United Kingdom

Post by emma_t » Sun Apr 13, 2008 7:35 pm
Eversheds/max recovery have just brought another one of my debts. They have quite a few now - wonder if they are going for the full house[:)]
Be positive & look after yourself, there are more important things in life than debts....

Best Wishes

Emma x
 
 

sblack

User avatar
Posts: 304
Joined: Mon Jan 07, 2008 2:12 pm
Location:

Post by sblack » Sun Apr 13, 2008 9:44 pm
Thanks for the replies.

As you have advised dots I will forward the letter to my IP tomorrow and will try not to worry about it.
Thanks again!
"Life is too short to wake up in the morning with regrets. So love the people who treat you right, forget about the ones who don’t and believe that everything happens for a reason. If you get a chance, take it. If it changes your life, let it. Nobody said that it’d be easy, they just promised it would be worth it."
5 posts Page 1 of 1
Return to “postings for april”