What`s next?

MrsTinks

Confused_Mother wrote: »

If this was the case would he not of heard something by now 18 months down the line?

Maybe - maybe not... and I'm getting confused... you say your 25 yr old took out the IVA at 18 or am I getting muddled? Did he only stop paying the IVA 18 months ago? In which case they have 6 years to take action on all of this... and some will leave it till just before the time is up! I would say face up in that case and not have possible bankruptcy hanging over his head for the next 4 and a bit years!

Confused_Mother

Sorry I'll try again, he had his first loan in 2003 when he was 19, had a few years of struggling to make payments every month and finally entered into an IVA on July 2006 which he also struggled to keep up with and received notification of a failed IVA on Oct 2007.

Since receiving that letter has not had anything since, approx 15 months. We have only moved once and that was when my son was 18.