IVA to BR

Sunshine2114

So we decided with help from citizen advice and national debt helpline to fail our IVA and go BR .. And move out if our property and rent .. So we have .. Nw I failed my IVA in FEBUARY by missing a paymen and got a enter confirm that the IP agreed to fail but can take 3 months.. We want to file BR but still not got our certificate of failure which we need t file for BR... But now cnanies starting to call me demanding money now .. I explained m going BR n they still want Money we don av ... Help as I din know where to start ... Also need to now start filling in the BR forms ..l is anyone able to Eli us over the phone as getting appointment with CAB is a nightmare

Vikipollard

Can only suggest you speak to National Debtline if you don't want to wait for the CAB. Although by the sounds of things, you will be waiting up to three months for the failure certificate in any case, so you have time on your side for the CAB.

Sunshine2114

Yes I was told 3 months by payplan for certificate but it appears our creditors have been informed triggering. Calls demanding money , reason for failure , token payments , work info , pay days , etc etc i can't angle ths for another 3 months waiting for a certificate Ger

National_Debtline

Hello there.

Your creditors are bound by the terms of the IVA, they should not be chasing you unless the IVA has actually failed. Why not check the status direct with the Insolvency Service? You can search the register here:

http://www.insolvencydirect.bis.gov.uk/eiir/

If the IVA has failed you'll be able too progress with your bankruptcy application.

Hope ths helps!

David.

alastairq

Hi..since you have made the decision to petition BR [and have got the ball rolling]...there is little...aside from hassle.....that any creditor can do to you.

Therefore it may now be time to start organising the financial...and other aspects...side of your lives to take full advantage of the opportunities BR will give you.

Things like, opening new, basic bank accounts [Co-op or BArclays]....transferring DD's and SOs, etc....

Aside from fending off [ie, simply ignoring] the creditors hassle, there is no absolute rush to petition BR.

{might be worth keeping an eye on this forum...for support...and warning of any adverse changes in IS rules ORs may have to enforce....?]

Bella_Smythe

(sorry for the hijack)
would the same thing apply with a DMP and then deciding to go BR? also will i get into trouble for running up further catalogue debts after setting up the DMP?