My IVA has been passed from the original company to another...is it right that i now have to pay another set of fees from my payments instead of the money going to my creditors?
Have you been informed as to why your IVA has passed to another IP? It is heard of in the industry for another IP to 'take over' existing cases, but your IVA would just continue - the transfer would have no bearing on your existing IVA, and you would just continue to make your monthly contributions as set at your Meeting of Creditors.
For more help and assistance with regard to IVA's please look at our 'sister' site iva.co.uk
Hope this helps
Melanie
Melanie Nicholas CertDR 30 years insolvency experience - 23 of which in the Insolvency Service - Insolvency Manager Jones Giles
IVA passed to another co. Do I have to pay another set of fees ?
Posted - 27 July 2011 : 11:01:28
