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    • Lincsdebt
    • By Lincsdebt 3rd Apr 17, 10:42 AM
    • 94Posts
    • 74Thanks
    Lincsdebt
    Default notice after IVA completed
    • #1
    • 3rd Apr 17, 10:42 AM
    Default notice after IVA completed 3rd Apr 17 at 10:42 AM
    My IVA was completed in August last year and I have had the completion certificate.


    The other day I received a communication from Link Outsourcing, who bought one of the debts in the IVA from the credit card company. It is a notice of sums in arrears and says I have failed to maintain payments on this account.


    I'm a bit concerned about receiving this, my IVA was fully completed and, in fact, I paid in more than was owed due to several PPI claims. I haven't had any similar notices since the completion, though I did before. It says I should contact them to discuss the account.


    Should I ignore this - it bothers me that they might affect my credit rating, which is now respectable? Or are they just trying it on? Thank you for any advice.
Page 1
    • GazNicki
    • By GazNicki 3rd Apr 17, 12:03 PM
    • 100 Posts
    • 29 Thanks
    GazNicki
    • #2
    • 3rd Apr 17, 12:03 PM
    • #2
    • 3rd Apr 17, 12:03 PM
    Did you manage the IVA yourself or via a third party? If via a third party, I would address them with it.
    • sourcrates
    • By sourcrates 3rd Apr 17, 12:52 PM
    • 12,455 Posts
    • 11,853 Thanks
    sourcrates
    • #3
    • 3rd Apr 17, 12:52 PM
    • #3
    • 3rd Apr 17, 12:52 PM
    My IVA was completed in August last year and I have had the completion certificate.


    The other day I received a communication from Link Outsourcing, who bought one of the debts in the IVA from the credit card company. It is a notice of sums in arrears and says I have failed to maintain payments on this account.


    I'm a bit concerned about receiving this, my IVA was fully completed and, in fact, I paid in more than was owed due to several PPI claims. I haven't had any similar notices since the completion, though I did before. It says I should contact them to discuss the account.


    Should I ignore this - it bothers me that they might affect my credit rating, which is now respectable? Or are they just trying it on? Thank you for any advice.
    Originally posted by Lincsdebt
    Did you manage the IVA yourself or via a third party? If via a third party, I would address them with it.
    Originally posted by GazNicki
    You cant manage an IVA by yourself GazNicki, its a formal insolvency solution that has to be administered by an insolvency practitioner.

    Lincsdebt, i think all you have received is a computer generated letter that does not take your IVA into account.

    Was the debt defaulted originally or not ?

    Regardless, you can write back and inform them of the IVA, (its possible they are unaware of it) remind them that you have full legal protection from your creditors, and that they should amend there records accordingly.
    Last edited by sourcrates; 03-04-2017 at 12:55 PM.
    I'm a Board Guide on the Debt-Free Wannabe, Credit File And Ratings, and
    Bankruptcy And Living With It, boards. "I volunteer to help get your forum questions answered and keep the forum running smoothly".
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.

    For free debt advice, contact either : Stepchange, National Debtline, or, CAB.
    For Legal advice see : http://legalbeagles.info/
    • Lincsdebt
    • By Lincsdebt 3rd Apr 17, 2:04 PM
    • 94 Posts
    • 74 Thanks
    Lincsdebt
    • #4
    • 3rd Apr 17, 2:04 PM
    • #4
    • 3rd Apr 17, 2:04 PM
    Thank you.


    The IVA was through Payplan, so I think I will scan the letter and forward it to them.


    The credit card this letter refers to was included in it, I have not defaulted on anything during or since the IVA. Never again, I've learnt my lesson the hard way!
    • sourcrates
    • By sourcrates 3rd Apr 17, 4:42 PM
    • 12,455 Posts
    • 11,853 Thanks
    sourcrates
    • #5
    • 3rd Apr 17, 4:42 PM
    • #5
    • 3rd Apr 17, 4:42 PM
    Thank you.


    The IVA was through Payplan, so I think I will scan the letter and forward it to them.


    The credit card this letter refers to was included in it, I have not defaulted on anything during or since the IVA. Never again, I've learnt my lesson the hard way!
    Originally posted by Lincsdebt
    Before your IVA, did the creditor ever issue a default notice, and was said default placed on your credit file for this debt, yes or no ?
    Last edited by sourcrates; 03-04-2017 at 5:15 PM.
    I'm a Board Guide on the Debt-Free Wannabe, Credit File And Ratings, and
    Bankruptcy And Living With It, boards. "I volunteer to help get your forum questions answered and keep the forum running smoothly".
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.

    For free debt advice, contact either : Stepchange, National Debtline, or, CAB.
    For Legal advice see : http://legalbeagles.info/
    • fermi
    • By fermi 3rd Apr 17, 8:55 PM
    • 39,276 Posts
    • 47,107 Thanks
    fermi
    • #6
    • 3rd Apr 17, 8:55 PM
    • #6
    • 3rd Apr 17, 8:55 PM
    Check your credit files to see if there is an actual default.

    There may not be, and Link is just going through the brainless formalities of the consumer credit act and it's required letters.

    if there IS a default, Link MUST backdate it to the start date of your IVA or earlier.
    I'm a Board Guide on the Debt-Free Wannabe, Bankruptcy, Credit Cards and Loans boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Any views are mine and not the official line of moneysavingexpert.com. Board guides are not moderators. If you spot an inappropriate or illegal post then please report it to forumteam@moneysavingexpert.com

    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
    • Lincsdebt
    • By Lincsdebt 4th Apr 17, 2:14 PM
    • 94 Posts
    • 74 Thanks
    Lincsdebt
    • #7
    • 4th Apr 17, 2:14 PM
    • #7
    • 4th Apr 17, 2:14 PM
    Check your credit files to see if there is an actual default.

    There may not be, and Link is just going through the brainless formalities of the consumer credit act and it's required letters.

    if there IS a default, Link MUST backdate it to the start date of your IVA or earlier.
    Originally posted by fermi




    My credit report is clear of defaults. As I said before, this card was included in the IVA started in 2010 and finished last year. I think they are just going through the formalities. They show payments having been received until December last year, which must have been from Payplan.
    • fermi
    • By fermi 4th Apr 17, 3:03 PM
    • 39,276 Posts
    • 47,107 Thanks
    fermi
    • #8
    • 4th Apr 17, 3:03 PM
    • #8
    • 4th Apr 17, 3:03 PM
    My credit report is clear of defaults. As I said before, this card was included in the IVA started in 2010 and finished last year. I think they are just going through the formalities. They show payments having been received until December last year, which must have been from Payplan.
    Originally posted by Lincsdebt
    It should be clear, but Link did go through a period of putting more recent ones on against the rules, so will pay to keep a close eye on them.
    I'm a Board Guide on the Debt-Free Wannabe, Bankruptcy, Credit Cards and Loans boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Any views are mine and not the official line of moneysavingexpert.com. Board guides are not moderators. If you spot an inappropriate or illegal post then please report it to forumteam@moneysavingexpert.com

    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
    • purpleparrotuk
    • By purpleparrotuk 6th Apr 17, 12:14 PM
    • 248 Posts
    • 37 Thanks
    purpleparrotuk
    • #9
    • 6th Apr 17, 12:14 PM
    • #9
    • 6th Apr 17, 12:14 PM
    My IVA was completed in August last year and I have had the completion certificate.


    The other day I received a communication from Link Outsourcing, who bought one of the debts in the IVA from the credit card company. It is a notice of sums in arrears and says I have failed to maintain payments on this account.


    I'm a bit concerned about receiving this, my IVA was fully completed and, in fact, I paid in more than was owed due to several PPI claims. I haven't had any similar notices since the completion, though I did before. It says I should contact them to discuss the account.


    Should I ignore this - it bothers me that they might affect my credit rating, which is now respectable? Or are they just trying it on? Thank you for any advice.
    Originally posted by Lincsdebt
    On a side note, how long did Payplan take issuing your completion certificate if you dont mind me asking
    • Lincsdebt
    • By Lincsdebt 6th Apr 17, 12:53 PM
    • 94 Posts
    • 74 Thanks
    Lincsdebt
    On a side note, how long did Payplan take issuing your completion certificate if you dont mind me asking
    Originally posted by purpleparrotuk


    My last payment was in August and the completed certificate issued in October. The IVA register entry was removed exactly three months later.


    I did have to sign an agreement that Payplan could continue to chase PPI claims they'd had made for them. I think they've got it all now anyway so wasn't bothered.
    • purpleparrotuk
    • By purpleparrotuk 6th Apr 17, 12:57 PM
    • 248 Posts
    • 37 Thanks
    purpleparrotuk
    My last payment was in August and the completed certificate issued in October. The IVA register entry was removed exactly three months later.


    I did have to sign an agreement that Payplan could continue to chase PPI claims they'd had made for them. I think they've got it all now anyway so wasn't bothered.
    Originally posted by Lincsdebt
    Thanks, I am still waiting for mine from them, over 4 months now.
    • adyj73
    • By adyj73 6th Apr 17, 2:03 PM
    • 164 Posts
    • 51 Thanks
    adyj73
    Payplan are really good so forward it to them and they will deal with them

    My completion certificate took about 12 weeks so if you been waiting four months might be worth a quick phone call to chase them
    • gaz6078
    • By gaz6078 19th Apr 17, 11:09 AM
    • 6 Posts
    • 5 Thanks
    gaz6078
    My IVA was completed in August last year and I have had the completion certificate.


    The other day I received a communication from Link Outsourcing, who bought one of the debts in the IVA from the credit card company. It is a notice of sums in arrears and says I have failed to maintain payments on this account.


    I'm a bit concerned about receiving this, my IVA was fully completed and, in fact, I paid in more than was owed due to several PPI claims. I haven't had any similar notices since the completion, though I did before. It says I should contact them to discuss the account.


    Should I ignore this - it bothers me that they might affect my credit rating, which is now respectable? Or are they just trying it on? Thank you for any advice.
    Originally posted by Lincsdebt
    I would totally ignore this default notice, all your debts on file should now show settled, it is just the buyers of these debts that are chancing their arm, I completed my IVA back in 2005 and still get debt buyers (companies who buy debts for pennies and add their fees hoping that you will just pay out of fear)) chasing me in 2017 and I confine them to my filing cabinet I.E. the bin.
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